This concept will help them the students in counting tmoney from coins and notes. Also, they will learn about the denominations.
Also, the students will learn to
Each concept is explained to class 1 maths students with examples and illustrations, and a concept map is given at the end to summarise the idea. At the end of the page, two printable Counting Money worksheets with solutions are attached for students to practice. Download the worksheets and assess your knowledge.
How to Count Money?
We have learned about Indian currency – ‘Indian rupee’.
All coins are made up of metals. In India, ₹1, ₹2, ₹5, ₹10 and ₹20 coins are in circulation.
In India, ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 notes are in circulation.
Now, let’s learn how to count the money.
Here, there is only one coin of ₹1. So, the amount is ₹1.
Here, there are two coins of ₹1. Add the number 1 two times, we get:
1 + 1 = 2. So, the amount is ₹2.
Here, there is only one coin of ₹2. So, the amount is ₹2.
Here, there are two coins of ₹2. Add the number 2 two times, we get:
2 + 2 = 4. So, the amount is ₹4.
Adding ₹1 and ₹2, we get:
1 + 2 = 3. So, the total amount is ₹3.
Here, add the numbers 5 and 10, we get:
5 + 10 = 15
So, the total amount is ₹15.
A boy wants to buy a pencil that cost is ₹5.
How can he give the amount of ₹5?
Solution:He can count ₹5 in different ways.
Mini has Rs. 10 note, she wants to buy an ice-cream. The cost of ice-cream is Rs. 15. Can she buy the ice-cream with the money she has?
Solution:Mini has = ₹10
Cost of the ice-cream = ₹15
10 is less than 15. So, she has less amount of money.
Mini can’t buy the ice-cream.
Jenny wants to buy a balloon. She has a ₹20 note. When she gives that note to the shopkeeper, he returns ₹10. What is the cost of that balloon?
Jenny has spent some money buying a balloon which means she gave some amount of money to the shopkeeper. So, here we have to subtract that money.
We will do subtraction here.
She has now ₹10. She spent ₹10. So, the cost of a balloon is ₹10.