Learning Money for Class 1

Money helps us buy things we need every day like toys, chocolates, books, fruits, and pencils. We use coins and notes when we go to shops. In this lesson, Class 1 students will learn what money is, how to identify coins and notes, and how to count money using simple pictures and fun examples.

What is Money?

Money is what we use to buy things.

money is what we use to buy things

Money helps us buy:

🍎 Apple

🧃 Juice box

✏️ Pencil

🍫 Chocolate

📚 Book

🪀 Toy

One simple sentence to remember:

We give money → We get things we want.

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Types of Money

Money comes in two types Coins and Notes.

types of coins and notes

Coins

Coins are small and round. They are made of metal.

  ( ₹ 1  )    Small coin

  ( ₹ 2  )    Medium coin

  ( ₹ 5  )    Bigger coin

  ( ₹ 10 )    Biggest coin

  • Round shape
  • Made of metal
  • Hard and shiny

Notes

Notes are flat and made of paper. They are bigger than coins.

  |  ₹ 10  |   Small note

  |  ₹ 20  |   Medium note

  |  ₹ 50  |   Bigger note

  | ₹ 100  |   Biggest note

  •  Flat shape
  •  Made of paper
  •  Has pictures and numbers

Quick Look:

Type

Shape

Material

Example

Coin

Round

Metal

₹1, ₹2, ₹5, ₹10

Note

Flat

Paper

₹10, ₹20, ₹50, ₹100

Where Do We Use Money?

We use money in many places every day.

  • 🏪  SHOP          → Buy sweets, fruits, toys
  • 🏫  SCHOOL     → Buy books, pencils, bag
  • 🍎  GROCERY  → Buy milk, eggs, vegetables
  • 🚌  BUS            → Pay for the ride
  • 🎡  FAIR           → Buy tickets for fun rides

Match the Object with the Price

Draw a line to match!

OBJECT              PRICE

🍎  Apple      →    ₹ 100

✏️  Pencil     →    ₹ 20

🪀  Toy        →    ₹ 10

🍫  Chocolate  →    ₹ 5

 Answers:

🍎  Apple      →    ₹ 20

✏️  Pencil     →    ₹ 10

🪀  Toy        →    ₹ 100

🍫  Chocolate  →    ₹ 5

Count the Money

Let's add coins and notes together!

Example 1:

 ( ₹5 )  +  ( ₹5 )  =  ?

5    +    5    =   10

Answer = ₹ 10

Example 2:

 | ₹10 |  +  | ₹20 |  =  ?

    10   +    20    =   30

Answer = ₹ 30

Example 3:

 | ₹50 |  +  | ₹10 |  =  ?

    50   +    10    =   60

Answer = ₹ 60

Now you try.

( ₹2 )  +  ( ₹2 )  =  ___

| ₹20 |  +  | ₹20 |  =  ___

( ₹5 )  +  | ₹10 |  =  ___

Answers:

₹2 + ₹2   = ₹4

₹20 + ₹20 = ₹40

₹5 + ₹10  = ₹15

Compare Money

Which is GREATER? Circle the bigger amount!

Question 1:

  ₹ 20    OR    ₹ 50

Answer:  ₹ 50 is GREATER

Question 2:

  ₹ 10    OR    ₹ 5

Answer:  ₹ 10 is GREATER

Question 3:

  ₹ 100   OR    ₹ 20

Answer:  ₹ 100 is GREATER

Question 4:

  ₹ 2     OR    ₹ 1

Answer:  ₹ 2 is GREATER

Remember: Bigger NUMBER = More money

₹100 > ₹50 > ₹20 > ₹10 > ₹5 > ₹2 > ₹1

₹1 is the SMALLEST

₹100 is the BIGGEST (in this lesson)

Fill in the Blanks

Fill in the missing number!

Question 1:

₹5  +  ₹5  =  ___

Answer: ₹ 10

Question 2:

₹20  +  ₹10  =  ___

Answer: ₹ 30

Question 3:

₹50  +  ₹50  =  ___

Answer: ₹ 100

Question 4:

A ₹100 note is bigger than ₹ ___.

Answer: ₹ 10 (or any smaller amount)

Question 5:

Coins are made of ___.

Answer: metal

Question 6:

Notes are made of ___.

Answer: paper

Fun Activity Pretend Shop

Let's Play Shop!

This is a super fun activity for the whole class!

What the teacher sets up:

PRETEND SHOP 🏪

Items for sale:

🍎 Apple      → ₹ 100

✏️ Pencil     → ₹ 10

📚 Book       → ₹ 50

🪀 Toy        → ₹ 30

🍫 Chocolate  → ₹ 5

What students get:

Each student gets fake money:

( ₹1 ) ( ₹2 ) ( ₹5 ) ( ₹10 )

| ₹20 | | ₹50 | | ₹100 |

How to play:

Step 1: Teacher puts items on the table with price tags.

Step 2: One student is the SHOPKEEPER.

        Other students are CUSTOMERS.

 Step 3: Customer picks one item.

        Shopkeeper says the price.

Step 4: Customer counts the money and pays.

        Shopkeeper checks if the amount is correct.

Step 5: If correct → Customer gets the item!

        If wrong → Count again and try!

What you learn from this activity:

  • How to count money
  • How to identify coins and notes
  • How to compare prices
  • How money works in real life

Practice Questions on Money for Class 1

Q1: Add the money:

₹10 + ₹10 = ___

Answer: ₹20

Q2: Which is greater?

₹5   OR   ₹2

Answer: ₹5

Q3: Fill in the blank:

₹50 + ₹50 = ___

Answer: ₹100

Q4: Match the price:

🍫 Chocolate  →  ₹5  or  ₹100?

Answer: ₹5 

Q5: True or False:

Notes are made of metal.

Answer: FALSE ❌ (Notes are made of paper)

Q6: Count and write:

( ₹2 ) + ( ₹2 ) + ( ₹2 ) = ___

Answer: ₹6

Q7: Which is the smallest coin?

₹1   ₹2   ₹5   ₹10

Answer: ₹1 

Q8: If you have ₹100, can you buy a toy that costs ₹50?

Answer: YES  (₹100 is more than ₹50)

Frequently Asked Questions

1. What is money?

Money is something we use to buy goods and services. It comes in the form of coins and notes.

2. Why do we use money?

We use money to buy things like food, toys, books, clothes, and other everyday items instead of exchanging goods.

3. What are coins and notes?

Coins are made of metal, while notes are made of paper or polymer. Both are used as money.

4. What are the Indian currency coins?

Common Indian coins are ₹1, ₹2, ₹5, ₹10, and ₹20.

5. What are the Indian currency notes?

Common Indian currency notes are ₹10, ₹20, ₹50, ₹100, ₹200, and ₹500.

6. How do you count money?

Count the value of each coin or note and then add the amounts together to find the total.

Numbers make sense when they're taught right. To see how Orchids The International School turns Maths from intimidating to intuitive, reach out to our admissions team.

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