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Coins and Notes (Grade 1)

Class 1Money (Grade 1)

We use money to buy things. In India, money comes as coins and notes. Coins are round and made of metal. Notes are made of paper (or polymer) and are rectangular.

In Class 1, children learn to recognise Indian coins and notes and know their values. This helps them understand buying and selling.

In India, the rupee () is the currency. The smaller unit is called paisa (100 paise = 1 rupee), but paise coins are rarely used today.

Learning about coins and notes helps children recognise money, buy things at a shop, and save in a piggy bank. It is a practical maths skill they use every day.

What is Coins and Notes (Grade 1) - Class 1 Maths (Money (Grade 1))?

Coins are small, round pieces of metal. Notes are flat, rectangular pieces of paper. Both have a value printed on them.

Indian Coins:

CoinValue
₹1 coin1 rupee
₹2 coin2 rupees
₹5 coin5 rupees
₹10 coin10 rupees

Indian Notes:

NoteColour
₹10 noteBrown/Chocolate
₹20 noteGreenish yellow
₹50 noteFluorescent blue
₹100 noteLavender
₹500 noteStone grey

Types and Properties

Difference Between Coins and Notes

FeatureCoinNote
ShapeRound (circle)Rectangle
MaterialMetalPaper/Polymer
Values₹1, ₹2, ₹5, ₹10₹10, ₹20, ₹50, ₹100, ₹200, ₹500
Picture on frontAshoka Pillar emblemMahatma Gandhi
SizeSmall, fits in handBigger, rectangular

Tips to Recognise Notes

  • Each note has a different colour.
  • The value is printed in both numbers and words.
  • Notes also show the value in Hindi and English.
  • Higher value notes are usually bigger in size.

Solved Examples

Example 1: Example 1: Identify a Coin

Question: Ria has a round metal piece with '5' written on it. What is it?

Answer: It is a ₹5 coin.

Example 2: Example 2: Coin or Note?

Question: Aman holds a rectangular piece of paper with '100' written on it. Is it a coin or a note?

Answer: It is a ₹100 note.

Example 3: Example 3: Value Comparison

Question: Which is worth more — a ₹5 coin or a ₹2 coin?

Answer: A ₹5 coin is worth more (5 > 2).

Example 4: Example 4: Count Coins

Question: Priya has three ₹1 coins. How much money does she have?

Think:

  • ₹1 + ₹1 + ₹1 = ₹3

Answer: Priya has ₹3.

Example 5: Example 5: Recognize by Colour

Question: Dev sees a lavender-coloured note. What is its value?

Answer: A lavender note is a ₹100 note.

Example 6: Example 6: Coins Shape

Question: What shape are Indian coins?

Answer: Indian coins are circles (round).

Example 7: Example 7: Note Shape

Question: What shape are Indian notes?

Answer: Indian notes are rectangles.

Example 8: Example 8: Compare Coin Values

Question: Neha has a ₹10 coin and a ₹10 note. Which is worth more?

Think:

  • Both say ₹10
  • A ₹10 coin and a ₹10 note have the same value

Answer: They are worth the same — both equal ₹10.

Real-World Applications

Where we use coins and notes:

  • Buying things: At a shop, canteen, or market
  • Saving: Putting coins in a piggy bank
  • Getting change: The shopkeeper returns coins when you pay more
  • Donating: Putting coins in a donation box

Key Points to Remember

  • Indian money comes as coins (round, metal) and notes (rectangular, paper).
  • Common coins: ₹1, ₹2, ₹5, ₹10.
  • Common notes: ₹10, ₹20, ₹50, ₹100, ₹500.
  • Each coin and note has a value printed on it.
  • Notes of different values have different colours.

Practice Problems

  1. Name all the coins you know. What values do they have?
  2. Is a ₹10 note bigger or smaller in value than a ₹5 coin?
  3. What colour is a ₹500 note?
  4. Aditi has two ₹2 coins. How much money does she have?
  5. What shape are coins — circle or rectangle?
  6. Name 2 differences between a coin and a note.

Frequently Asked Questions

Q1. What are coins and notes?

Coins are round metal pieces with a value printed on them. Notes are rectangular paper (or polymer) pieces with a value and pictures printed on them. Both are forms of money.

Q2. What coins are used in India?

The common coins in India are ₹1, ₹2, ₹5, and ₹10. Some older coins of 50 paise also exist but are rarely used now.

Q3. What notes are used in India?

Common Indian notes are ₹10, ₹20, ₹50, ₹100, ₹200, and ₹500. Each note has a different colour.

Q4. How can I tell coins apart?

Look at the number written on the coin. Different coins also have different sizes. A ₹10 coin is usually bigger than a ₹1 coin.

Q5. Why do notes have different colours?

Different colours help us quickly tell notes apart. A ₹100 note is lavender, a ₹500 note is stone grey, and a ₹50 note is fluorescent blue.

Q6. Whose picture is on Indian notes?

Indian currency notes have the picture of Mahatma Gandhi on the front side.

Q7. Is a ₹10 coin the same as a ₹10 note?

Yes, both have the same value of 10 rupees. You can use either to buy something worth ₹10.

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