Class 2 Money

Class 2 Money

Coins Used in India


In India, we mainly use ₹ 1 coin, ₹ 2 coin, ₹ 5 coin, ₹ 10 coin and ₹ 20 coin. These coins are shown below.


Notes Used in India


In India, we mainly use ₹ 5 note, ₹ 10 note, ₹ 20 note, ₹ 50 note, ₹ 100 note, ₹ 200 note, ₹ 500 note and ₹ 2000 note. These notes are shown below.


Exchanging Money


If someone wants to pay a certain amount, say ₹ 50, then different combinations of notes can be used as given below.


Rupees and Paise


1 rupee is written as ₹ 1.00

The point or the dot separates the rupee and the paise. Rupees is written on the left side of the dot and paise is written on the right side of the dot.

Example:

1. 5 rupees 50 paise is written as ₹ 5.50.

2. 9 rupees 20 paise is written as ₹ 9.20.

3. 12 rupees 35 paise is written as ₹ 12.35.

We can write the money in words as given below.

1. ₹ 4.10 = Four rupees ten paise

2. ₹ 8.60 = Eight rupees sixty paise

3. ₹ 15.75 = Fifteen rupees seventy-five paise

 

Addition of Money


When we buy more than one item from a shop, we need to add the prices of each item to pay the bill.


Example: Renu bought a packet of rice for ₹ 80 and a sandwich for ₹ 25. How much money does she need to pay?

To find the total money that she has to pay, she needs to add ₹ 80 and ₹ 25.

     ₹ 80

+   ₹ 25

------------

    ₹ 105

------------

Thus, Renu needs to pay ₹ 105.

 

Subtraction of Money


When we have some money and we spend a part of the money, then to find the remaining amount, we subtract the money spent from the total money.

 

Example: Manav had ₹ 135 with him. He bought a toy for ₹ 110. How much money was left with him?

To find the remaining money, he has to subtract ₹ 110 from ₹ 135.

     ₹ 135

   ₹ 110

------------

      ₹ 25

------------

Thus, Manav was left with ₹ 105.

 

Word Problems on Money


Example 1: A chocolate costs ₹ 30 and a cone of ice-cream costs ₹ 45. What is the total cost of both the items?


Solution: To find the total cost, add ₹ 30 and ₹ 45.

     ₹ 30

+   ₹ 45

------------

    ₹ 75

------------

Thus, the total cost of both the items is ₹ 75.

 

Example 2: Aryan had ₹ 75 with him. He bought a toy helicopter for ₹ 45. How much money was left with him?


Solution: To find the remaining money, Aryan needs to subtract ₹ 45 from ₹ 75.

     ₹ 75

   ₹ 45

------------

      ₹ 30

------------

Thus, Aryan was left with ₹ 30.

 

Example 3: When Nidhi was going to a fair, her father and mother gave the following amount of money. How much total money did she receive altogether for the fair?


Solution: Money given by her father = ₹ 50 + ₹ 10 + ₹ 10 + ₹ 10 + ₹ 10 + ₹ 5 = ₹ 95

Money given by her mother = ₹ 50 + ₹ 10 + ₹ 10 + ₹ 1 + ₹ 1 = ₹ 72

Total money = ₹ 95 + ₹ 72

     ₹ 95

+   ₹ 72

------------

    ₹ 167

------------

Thus, Nidhi received a total of ₹ 167.



Class 2 Money Test

Maths Quiz for Class 2 Money


Class 2 Money Worksheet

Money Worksheet for Class 2

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