Learning Objectives
- Identify Indian coins and notes
- Know the value of different coins and notes
- Add small amounts of money
- Understand buying and selling in simple terms
- Make different combinations of coins to form an amount
Key Concepts
Indian Coins
In India, we use coins of different values. We have coins of 1 rupee, 2 rupees, 5 rupees, and 10 rupees. Coins are small, round, and made of metal. Each coin has a number printed on it that tells its value.
Indian Notes
We also use paper notes. Notes come in values of 10 rupees, 20 rupees, 50 rupees, 100 rupees, 200 rupees, and 500 rupees. Notes are bigger than coins and are made of paper. Each note has a different colour and size.
Adding Money
We can add coins to find the total. If you have a 5 rupee coin and a 2 rupee coin, the total is 5 + 2 = 7 rupees. If you have two 5 rupee coins, the total is 5 + 5 = 10 rupees.
Buying Things
When we buy something, we pay money. If a pencil costs 5 rupees and you give a 10 rupee coin, you should get 5 rupees back. The money you get back is called change.
Making Amounts with Coins
We can make the same amount using different coins. For example, 10 rupees can be made with: one 10 rupee coin, or two 5 rupee coins, or five 2 rupee coins, or ten 1 rupee coins.
Important Terms
- Rupee (₹): The money used in India
- Coin: Small round metal money
- Note: Paper money with a printed value
- Price: How much something costs
- Change: The money you get back when you pay more than the price
- Total: The sum of all the money added together
Quick Revision
- Indian coins: ₹1, ₹2, ₹5, ₹10
- Indian notes: ₹10, ₹20, ₹50, ₹100, ₹200, ₹500
- Add coins to find the total amount
- Change = Money given − Price of the item
- Same amount can be made using different combinations of coins
- Practice counting coins from your piggy bank