Lesson 1 of 6
Coins and notes: our money
Learn the rupee, coins and notes we use every day, how to add money, and how to count change when we shop.
Let us begin
The big idea
We use money to buy things like pencils, fruit and sweets. In India our money is called the rupee. Let us learn about coins and notes!
The sign for the rupee is ₹. We write ₹5 and read it as five rupees.
We have coins and notes. Coins in common use are ₹1, ₹2, ₹5, ₹10 and ₹20. Notes in common use are ₹10, ₹20, ₹50, ₹100, ₹200 and ₹500.
A smaller part of a rupee is called paise. 100 paise make 1 rupee.
To find the total, add the money. To find the change, take away what you spent from what you gave.
If you are not sure about a coin or a note, always ask an adult.
Worked examples
See how it works
Adding money
You have a ₹5 coin and a ₹2 coin. ₹5 + ₹2 = ₹7.
Making ₹15
One way: ₹10 + ₹5 = ₹15. Another way: ₹5 + ₹5 + ₹5 = ₹15. There is more than one way!
Finding the change
A pencil costs ₹6. You give a ₹10 note. Change = ₹10 - ₹6 = ₹4. The shopkeeper gives you ₹4 back.
Shopping total
A pencil costs ₹5 and an eraser costs ₹3. Total = ₹5 + ₹3 = ₹8. If you pay with a ₹10 note, your change is ₹10 - ₹8 = ₹2.
Try it at home
Play shop
You will need
- Paper
- A pencil and crayons
- Small household things to sell, like a pencil, a spoon and a toy
What to do
- Draw circles on paper and cut them out to be coins. Write ₹1, ₹2, ₹5 and ₹10 on them. Make a few of each.
- Write a price tag on each thing in your shop, like ₹5 or ₹8.
- Ask a family member to be the buyer. They pay with your paper coins.
- Add the money to check it is correct, and give the change back.
Ask a grown-up: An adult can help cut the paper circles with child-safe scissors. If you use real coins, an adult should watch. Coins are never for the mouth.
