We use money every day -- to buy vegetables at the sabzi mandi, pay the auto fare, or buy books from a shop. In India, our currency is the Indian Rupee (Rs). The smaller unit is the paisa.
1 Rupee = 100 Paise. We write money using a decimal point to separate rupees and paise. For example, forty-five rupees and seventy-five paise is written as Rs 45.75.
The number before the decimal point shows rupees. The number after the decimal point shows paise. Always write paise using two digits.
Twelve rupees and fifty paise = Rs 12.50
Seven rupees and five paise = Rs 7.05 (not Rs 7.5)
Two hundred rupees = Rs 200.00
Converting: Rs 8.35 = 800 paise + 35 paise = 835 paise. Similarly, 460 paise = Rs 4.60.
Line up the decimal points, then add or subtract as you would with normal numbers.
Aarav bought a pencil for Rs 8.50 and an eraser for Rs 5.75. What is the total?
Rs 8.50 + Rs 5.75 = Rs 14.25
Meera gave Rs 500 to buy a book costing Rs 185.50. What change did she get?
Rs 500.00 - Rs 185.50 = Rs 314.50
Always write paise as two digits after the decimal. Rs 6.5 should be written as Rs 6.50.
A bill is a list of items bought with their prices. We add all the amounts to find the total.
| Item | Quantity | Price Each | Total |
|---|---|---|---|
| Notebook | 3 | Rs 35.00 | Rs 105.00 |
| Pen | 2 | Rs 12.50 | Rs 25.00 |
| Ruler | 1 | Rs 15.00 | Rs 15.00 |
Grand Total = Rs 105.00 + Rs 25.00 + Rs 15.00 = Rs 145.00
| Word | Meaning |
|---|---|
| Rupee (Rs) | The main unit of Indian currency |
| Paisa (p) | The smaller unit; 100 paise = 1 rupee |
| Decimal Point | The dot that separates rupees from paise (e.g., Rs 45.75) |
| Bill | A list showing items, quantities, prices, and total cost |
| Change | The money returned when you pay more than the cost |
A. Write in decimal form (Rs and paise)
B. Add or Subtract
C. Make a Bill and Find the Total
| Item | Quantity | Price Each | Total |
|---|---|---|---|
| Milk (1 litre) | 2 | Rs 28.00 | |
| Bread | 1 | Rs 40.00 | |
| Eggs (pack of 6) | 1 | Rs 42.50 | |
| Biscuits | 3 | Rs 15.00 | |
| Grand Total = | |||
D. Word Problems
E. Multiple Choice Questions
Imagine you have Rs 500. Write a shopping list of 5 items you want to buy. Write the price of each item. Find the total and the change you will receive.
| S.No. | Item | Price (Rs) |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 | ||
| 4 | ||
| 5 |
Total = Rs ____________ | Change from Rs 500 = Rs ____________