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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.

Get the whole book: Life skills and money for classes 1 and 2 (6 lessons, free to print)

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.

Coins and notesA row of five coins marked 1, 2, 5, 10 and 20 rupees, and a row of four notes marked 10, 20, 50 and 100 rupees. A line below says 100 paise equals 1 rupee.Coins ₹1 ₹2 ₹5 ₹10 ₹20 Notes ₹10 ₹20 ₹50 ₹100 100 paise = ₹1
Coins and notes in common use. There are also notes of ₹200 and ₹500.

Worked examples

See how it works

  1. Adding money

    You have a ₹5 coin and a ₹2 coin. ₹5 + ₹2 = ₹7.

  2. Making ₹15

    One way: ₹10 + ₹5 = ₹15. Another way: ₹5 + ₹5 + ₹5 = ₹15. There is more than one way!

  3. Finding the change

    A pencil costs ₹6. You give a ₹10 note. Change = ₹10 - ₹6 = ₹4. The shopkeeper gives you ₹4 back.

  4. 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

  1. Draw circles on paper and cut them out to be coins. Write ₹1, ₹2, ₹5 and ₹10 on them. Make a few of each.
  2. Write a price tag on each thing in your shop, like ₹5 or ₹8.
  3. Ask a family member to be the buyer. They pay with your paper coins.
  4. 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.

Practice sheet

Check what you learned

Write your answers in a notebook, or print this sheet and write on it. When you finish, mark your work with the answer key.

Practice sheet: Coins and notes: our money (Classes 1-2, Life skills and money)

  1. 100 paise are equal to how many rupees?
  2. Which is more, ₹5 or ₹2?
  3. What is ₹5 + ₹2?
  4. What is ₹10 + ₹10?
  5. A toffee costs ₹6. You give a ₹10 note. How much change do you get?
  6. Show ₹8 using coins. Which coins can you use?
  7. How many ₹5 coins make ₹20?
  8. Is a ₹10 note worth more than a ₹10 coin, less, or the same?
  9. A pencil costs ₹12. You give a ₹20 note. How much change do you get?
  10. How many ₹2 coins make ₹10?

Answer key

Answers: Coins and notes: our money

Do the practice sheet first, then check here. If an answer is different from yours, read the lesson again and try once more.

  1. 1 rupee.
  2. ₹5.
  3. ₹7.
  4. ₹20.
  5. ₹4 (₹10 - ₹6 = ₹4).
  6. One way: ₹5 + ₹2 + ₹1 = ₹8. Another way: ₹5 + ₹1 + ₹1 + ₹1.
  7. 4 coins (4 × 5 = 20).
  8. The same. Both are worth ₹10.
  9. ₹8 (₹20 - ₹12 = ₹8).
  10. 5 coins (5 × 2 = 10).

What next

Keep learning

Get the whole book

All 6 life skills and money lessons for classes 1 and 2 on one page, with every practice sheet and answer key, ready to print.

Life skills and money for classes 1 and 2

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