Rupees and Paise
In India, we use rupees (₹) and paise (p) as money. Rupees are for bigger amounts and paise are for smaller amounts. In Class 2, we learn the relationship between rupees and paise and how to count money.
When you buy a toffee for 50 paise or a notebook for ₹20, you are using Indian money!
What is Rupees and Paise - Class 2 Maths (Money (Grade 2))?
Rupee (₹) is the main unit of Indian money. Paise (p) is the smaller unit.
1 Rupee = 100 Paise | ₹1 = 100 p
Indian coins: 50 paise, ₹1, ₹2, ₹5, ₹10
Indian notes: ₹10, ₹20, ₹50, ₹100, ₹200, ₹500
Types and Properties
Writing money amounts:
- ₹5 means 5 rupees
- 50 p means 50 paise
- ₹3.50 means 3 rupees and 50 paise
Converting:
| Rupees | Paise |
|---|---|
| ₹1 | 100 p |
| ₹2 | 200 p |
| ₹5 | 500 p |
| ₹10 | 1000 p |
Solved Examples
Example 1: Example 1: Converting Rupees to Paise
Question: How many paise are in ₹3?
Think:
- ₹1 = 100 p
- ₹3 = 3 × 100 = 300 p
Answer: ₹3 = 300 paise.
Example 2: Example 2: Converting Paise to Rupees
Question: Ria has 200 paise. How many rupees is that?
Think:
- 100 paise = ₹1
- 200 paise = ₹2
Answer: 200 paise = ₹2.
Example 3: Example 3: Mixed Amount
Question: Aman has ₹4 and 50 paise. Write this as one amount.
Think:
- Rupees = 4
- Paise = 50
- Written together: ₹4.50
Answer: Aman has ₹4.50 (four rupees and fifty paise).
Example 4: Example 4: Counting Coins
Question: Priya has three ₹5 coins and two ₹2 coins. How much money does she have?
Think:
- Three ₹5 coins = 3 × 5 = ₹15
- Two ₹2 coins = 2 × 2 = ₹4
- Total = ₹15 + ₹4 = ₹19
Answer: Priya has ₹19.
Example 5: Example 5: Counting Notes
Question: Dev has one ₹100 note and one ₹50 note. How much money is that?
Think:
- ₹100 + ₹50 = ₹150
Answer: Dev has ₹150.
Example 6: Example 6: Making One Rupee
Question: Meera has two 50 paise coins. How many rupees does she have?
Think:
- 50 p + 50 p = 100 p
- 100 p = ₹1
Answer: Meera has ₹1.
Example 7: Example 7: Converting ₹5.50 to Paise
Question: Convert ₹5.50 to paise.
Think:
- ₹5 = 500 p
- 50 paise = 50 p
- Total = 500 + 50 = 550 p
Answer: ₹5.50 = 550 paise.
Key Points to Remember
- ₹1 = 100 paise.
- Indian coins come in values of 50 p, ₹1, ₹2, ₹5, and ₹10.
- Indian notes come in values of ₹10, ₹20, ₹50, ₹100, ₹200, and ₹500.
- To convert rupees to paise, multiply by 100.
- To convert paise to rupees, divide by 100.
- ₹4.50 means 4 rupees and 50 paise.
Practice Problems
- Convert ₹7 to paise.
- Neha has 500 paise. How many rupees is that?
- Rahul has two ₹10 coins and three ₹5 coins. How much money does he have?
- Write ₹8 and 25 paise as one amount.
- How many 50 paise coins make ₹3?
- Aditi has one ₹100 note, one ₹20 note, and one ₹5 coin. What is the total?
Frequently Asked Questions
Q1. How many paise make 1 rupee?
100 paise make 1 rupee. So ₹1 = 100 p.
Q2. What coins are used in India?
Common Indian coins are 50 paise, ₹1, ₹2, ₹5, and ₹10.
Q3. What notes are used in India?
Common Indian notes are ₹10, ₹20, ₹50, ₹100, ₹200, and ₹500.
Q4. How do I convert rupees to paise?
Multiply the rupees by 100. For example, ₹4 = 4 × 100 = 400 paise.
Q5. What does ₹3.50 mean?
₹3.50 means 3 rupees and 50 paise.
Q6. Are paise coins still used?
50 paise coins are rarely used now. Most prices are in whole rupees. But we still learn about paise in maths.
Q7. How do I count coins?
Group the same coins together. Multiply the coin value by the number of coins. Then add all the groups together.
