🔵Recognising Coins and Notes
What is Money?
Money is what we use to buy things we need or want. In India, money comes in the form of coins and notes (paper money).
Indian Coins:
| Coin | Colour | Shape | Who is on it? |
|---|---|---|---|
| ₹1 | Silver | Round | New Rupee symbol |
| ₹2 | Silver | Round | New Rupee symbol |
| ₹5 | Silver/Gold | Round with edges | New Rupee symbol |
| ₹10 | Silver/Gold | Round | New Rupee symbol |
| ₹20 | Silver | 12-sided | New Rupee symbol |
Indian Notes (Paper Money):
| Note | Colour | Picture on it |
|---|---|---|
| ₹10 | Orange-brown | Sun Temple, Konark |
| ₹20 | Green | Ellora Caves |
| ₹50 | Cyan | Hampi with Chariot |
| ₹100 | Lavender | Rani Ki Vav |
| ₹200 | Yellow | Sanchi Stupa |
| ₹500 | Stone grey | Red Fort |
| ₹2000 | Magenta | Mangalyaan |
Important Points:
- The symbol for Indian Rupee is ₹
- Coins are made of metal; notes are made of paper (special paper)
- Each coin and note has a different value
👀 See a worked example
Which coin has a value of ₹5?
- ₹5 coin is silver/gold in colour
- It is medium-sized
-
Answer: The ₹5 coin **Example 2:** What colour is the ₹50 note? *Solution:* - ₹50 note is cyan (blue-green) in colour - It has a picture of Hampi with a chariot - **Answer:** Cyan **Example 3:** Name two coins that are silver in colour. *Solution:* - ₹1 coin is silver - ₹2 coin is also silver - **Answer:** ₹1 and ₹2 coins
🤖 Vidi's Key Points
- Money is used to buy things
- Indian currency symbol is ₹
- Coins: ₹1, ₹2, ₹5, ₹10, ₹20
- Notes: ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000
- Each coin and note has a different value and colour
🟢Counting Money and Simple Buying
How to Count Money:
Add the values of all coins and notes together to find the total amount.
Counting Coins:
- ₹1 + ₹1 = ₹2
- ₹2 + ₹2 = ₹4
- ₹5 + ₹5 = ₹10
- ₹10 + ₹10 = ₹20
Counting Notes:
- ₹10 + ₹10 = ₹20
- ₹20 + ₹20 = ₹40
- ₹50 + ₹50 = ₹100
- ₹100 + ₹100 = ₹200
Adding Different Coins and Notes:
- ₹5 coin + ₹2 coin = ₹7
- ₹10 note + ₹5 coin = ₹15
- ₹20 note + ₹10 note + ₹5 coin = ₹35
Simple Buying (Paying and Change):
- When you buy something, you give money to the shopkeeper
- If you give more than the price, you get change back
- Change = Money given − Price of item
Example: A toy costs ₹15. You give ₹20. Change = ₹20 − ₹15 = ₹5.
👀 See a worked example
Count the money: ₹10 note + ₹5 coin + ₹2 coin = ?
- Add step by step: ₹10 + ₹5 = ₹15
- ₹15 + ₹2 = ₹17
-
Answer: ₹17 **Example 2:** A chocolate costs ₹25. You give a ₹50 note. How much change do you get? *Solution:* - Change = Money given − Price - ₹50 − ₹25 = ₹25 - **Answer:** ₹25 change **Example 3:** Sam has a ₹20 note and two ₹5 coins. How much money does he have in total? *Solution:* - Two ₹5 coins = ₹5 + ₹5 = ₹10 - Total = ₹20 + ₹10 = ₹30 - **Answer:** ₹30
🤖 Vidi's Key Points
- Count money by adding values of coins and notes
- Price = cost of the item you want to buy
- Change = money given − price (if you give more)
- Always check if you have enough money before buying
- Practice adding small amounts to become faster
🟣Real-Life Money Activities and Currency Awareness
Real-Life Money Activities:
| Activity | What You Do | Math Skill |
|---|---|---|
| **Buying a snack** | Give money, get change | Subtraction |
| **Saving in a piggy bank** | Collect coins, count total | Addition |
| **Comparing prices** | See which item costs less | Comparing numbers |
| **Grocery shopping** | Add prices of multiple items | Addition |
| **Checking if you have enough** | Compare money with price | Comparing |
Steps for Buying Something:
1. Look at the price of the item
2. Count the money you have
3. If money ≥ price, you can buy it
4. Give money to the shopkeeper
5. If money > price, you get change
Currency Awareness:
- Different countries use different money
- India uses the Indian Rupee (₹)
- USA uses the US Dollar ($)
- UK uses the British Pound (£)
- Europe uses the Euro (€)
Saving Money Tips for Kids:
- Save coins in a piggy bank
- Keep track of how much you save
- Set a goal (e.g., save ₹100 for a toy)
- Spend wisely - not all at once!
👀 See a worked example
Riya has ₹35. She wants to buy a pen for ₹20 and a notebook for ₹15. Does she have enough money?
- Total cost = ₹20 + ₹15 = ₹35
- Riya has ₹35
- ₹35 = ₹35, so she has exactly enough
-
Answer: Yes, she has enough money **Example 2:** A toy costs ₹60. Rohan has a ₹50 note and a ₹20 note. How much money does he have? Can he buy the toy? *Solution:* - Total money = ₹50 + ₹20 = ₹70 - Toy costs ₹60 - ₹70 > ₹60, so he can buy it - Change = ₹70 − ₹60 = ₹10 - **Answer:** Yes, he can buy it and will get ₹10 change **Example 3:** Name the currency used in (a) India (b) USA *Solution:* - India uses the Indian Rupee (₹) - USA uses the US Dollar ($) - **Answer:** (a) Rupee (b) Dollar
🤖 Vidi's Key Points
- Buying requires giving money and possibly getting change
- Always check if you have enough money before buying
- Different countries use different currencies
- Saving money in a piggy bank helps reach goals
- Practice real-life shopping scenarios to learn money skills
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