Page 83 - New Medley 3 Semester 2

2 Money Competencies
C-4.1

In Class II we had learnt about counting money. Now we shall learn more
about it. Before we go ahead let us recall what we had learnt.

Let us Recall

• Initiative and Self-direction
21st CENTURY SKILLS
Fill in the blanks:

1. `7 = paise
2. 800 paise = `

3. How many coins of `2 will we get in exchange of a note of `20?
4. How many notes of `50 will we get in exchange for a 10 coins of `5?

5. Find:

(a) `235 (b) `726 (c) `129
+ `524 – `257 × 7

6. A purse had `500. A note of `100 was put into it. What is the amount in
the purse now?

7. I had `750. I purchased a book for `245. What amount do I have now?

8. A cup costs `67. What is the cost of 10 cups?

Indian Currency

Indian currency is found in the form of coins and notes in circulation.
The smaller currency like `1, `2, `5, `10 and `20 is used in both forms

but the bigger currency like `50, `100, `200, `500 and `2000 is available

only in notes. These days, coins of value less than `1 have gone out of
circulation. 100 paise make 1 rupee.

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