Money
Welcome to the chapter on Money for Class 1. In this chapter, you will learn what money is, the different coins and notes we use, and how to count and use money in daily life. By the end of this chapter, you will be able to recognize money and solve simple problems using coins and notes!
Introduction
Money is what we use to buy things. We use coins and notes to pay for things we want, like toys, books, or food.
Coins and Notes
- Coins: Small, round pieces of metal. Common coins are ₹1, ₹2, ₹5, and ₹10.
- Notes: Paper money. Common notes are ₹10, ₹20, ₹50, ₹100, and more.
Recognizing Money
Each coin and note has a number on it. This number tells us how much it is worth.
- A ₹2 coin is worth two rupees.
- A ₹10 note is worth ten rupees.
Using Money
We use money to buy things. When you buy something, you give money to the shopkeeper.
Example: If a chocolate costs ₹5, you can give a ₹5 coin or five ₹1 coins.
Counting Money
You can add coins and notes to make a bigger amount.
- ₹2 + ₹2 = ₹4
- ₹5 + ₹5 = ₹10
- ₹2 + ₹5 = ₹7
Fun Activity: Play Shop!
Set up a small shop at home with your toys. Use real or play money to buy and sell things with your family!
Summary
- Money is used to buy things.
- We use coins and notes as money.
- You can add coins and notes to make a bigger amount.
Practice Questions
- Which is worth more: a ₹2 coin or a ₹5 coin?
- How many ₹1 coins do you need to make ₹5?
- If you have a ₹10 note and buy a toy for ₹7, how much money will you have left?
- What do we use money for?
- Name two things you can buy with money.
Challenge Yourself
- Find all the different coins and notes at your home. Can you name them?
- If you have ₹2, ₹5, and ₹10, how much money do you have in total?
Did You Know?
- The first coins were made thousands of years ago!
- Every country has its own money. In India, we use rupees and paise.
Glossary
- Money: What we use to buy things.
- Coin: Small, round metal money.
- Note: Paper money.
- Rupee (₹): The money we use in India.
Answers to Practice Questions
- A ₹5 coin is worth more.
- Five ₹1 coins.
- ₹3 will be left.
- To buy things we need or want.
- (Any two: toys, books, food, clothes, etc.)
Keep learning about money and practice counting coins and notes!