Candiidus International School

Chapter – 6 : Money
Subject : Mathematics
Grade : 1

Learning outcome:
Recognize and use local currency.
Identify common currency notes and their values.
Use banknotes and coins to make an amount.
Add a small amount of money.
Exchange different coins and notes to get the same amount of money.

Coins and banknotes have their value written on them.

Different values can be used together to buy things.
Money comes in the form of notes and coins

Money is used when we buy and sell things.

Money used in India is Rupee and Paise.
Coins

Notes
The symbol for rupee ₹ and paise is “p.”
Solve the following questions:
1. Erin used a Carroll diagram to sort Indian banknotes and coins.
Draw them in the correct places on the Carroll diagram.
Coins Notes

2. Marcus spent ₹ 10 on some candies.

He did not have ₹ 10.
Which other coins could he pay with?

₹ 10 coin x 1= ₹ 10

₹ 5 coin x 2 = ₹ 10

₹ 2 coin x5 = ₹ 10

₹ 1 coin x 10 = ₹ 10

3. Zara spent ₹ 150 on a T-shirt.

Which banknotes could she pay with?

+ = ₹ 150
 + + = ₹ 150

4. Arun spent ₹ 150 and 50 paise in the supermarket. Which banknotes and coins could he
pay with?

5. Find the total amount of money in each row and each column.

Let’s investigate:
Work with a partner.
Take it in turns to think of an Indian coin and banknote. Ask your partner questions, for
example. Is it a coin or note? Is it worth more than 100 or less than 100? Your partner can
only answer yes or no.
Can you identify the coin or banknotes after 3 questions?