- Money is available as (i) Coins and (ii) Notes.
- Coins: The shapes and size of coins changes from time to time. Nowadays one paise to twenty paise coins are not in use. Coins of 50-paise, 1-rupee, 2-rupee and 5-rupee are used mostly.
- Notes: The designs of currency notes changes from time to time. Both notes and coins of 1-rupee, 2-rupee and 5-rupee denominations are used. One rupee, two-rupee notes are rarely available nowadays. Five-rupee, ten rupees, twenty rupees, fifty rupees, 100 rupees, and 2000 rupees notes are available now.
EXAMPLE 1: If you want to buy pencils worth Rs.18 and you only have Rs.10 notes and 1 rupee coin, then how will you pay?
SOLUTION: Rs.18 = Rs.10 + 1 + 1 + 1 + 1 + 1 + 1 + 1 + 1
EXAMPLE 2: How many notes and coins do you need to give 135 rupees?
SOLUTION: You give me 1 hundred rupees note three 10-rupees notes and 5 coins of one rupee.
EXAMPLE 3: Draw the10-rupee notes and 1-rupee coins you will give for these things.
Practice these questions
Q1) Draw the10-rupees notes and 1-rupee coins you will give for these things.
Q2) How much money do the notes and the coins make?