We are going to discuss coins and bills here. The following coins and notes are already known to us. Coins of 1 Paise, 2 Paise, 5 Paise are not available and those of 10 Paise, 20 Paise, 25 Paise, 50 Paise are less in circulation. Notes from Re 1 and Rs 2 are also less in circulation.

Remarks:

The rupee is a larger unit of money than the paisse.

We use ‘p’ to write paise.

We use ‘Re’ to write rupee.

We use ‘Rs’ to write rupees.

We use period (.) To separate rupees and paises.

The number to the left of the dot stands for rupees.

The figure to the right of the point is for Paise.

The number of paises is written as a 2-digit number.

(i) If the amount of money is only Paise, we put a zero in front of the period (.) to indicate that there are no rupees. For example, 75 Paise is written in numbers as Re 0.75 or 75 p.

(ii) If Paise’s number is a one-digit number, we put zero in front of it to make a two-digit number. For example, 5 Paise in Figure is written as Re 0.05 or 5 p.

We need to know:

100 Paise = Re 1

Two 50 Paise = Re 1

Four 25 Paise = Re 1

Five 20 Paise = Re 1

Ten 10 Paise = Re 1

Solved examples for coins and banknotes:

1. Put 73.25 rupees in words.

We express Rs 73.25 in seventy-three rupees and twenty-five paises.

2. Express rupees sixty and five paises in numbers.

We press sixty rupees and five paises as Rs 60.05. out

3. Express the money in the symbolic form of 25 rupees and 75 paises.

We express 25 rupees and 75 paises using the symbolic form of money as Rs 25.75.

4th Express 7 Paise in numbers.

We express 7 Paise as Re 0.07.

5. Express Rs 6.50 in rupees and paises.

We express Rs 6.50 as six rupees fifty paises.

I. Map the following columns:

(i) → 3

(ii) → 6

(iii) → 5

(iv) → 1

(v) → 2

(vi) → 4

II. Read the label on each item. Circle the coins or rupees you will need to buy them.

Related concepts

money

Coins and bills

Write money in words and pictures

Money conversion

Withdrawal of money

Multiplication of money

Money sharing