**Money**

Counting Money

We have learned about Indian currency – ‘Indian rupee’.

**Coins:**

All coins are made up of metals. In India, ₹1, ₹2, ₹5, ₹10 and ₹20 coins are in circulation.

- From the above, we can clearly see the denomination of coins is written on it. Therefore, we can easily identify the coins.

**Notes:**

In India, ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 notes are in circulation.

- On each and every note, the denomination is printed on it. So, we can easily identify the value of the note.

**
Counting Money**

**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.**

**How to count the money for buying something?**

- We use the money for buying something that we want.
- So, we have to count the money equal to the cost of that thing. But we have a fixed value of currency coins and notes, so sometimes we can’t count the money exactly equal to the cost of that thing.
- To count the money, basically we use addition and subtraction.

**Example 1:**

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.**

**Example 2:**

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.

**Example 3:**

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?

**Solution:**

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**.

- When we spent some amount of money or take away some amount of money, to find the left amount we need to do subtraction.
- We use here, give and take money method.