Chapter 10: Fun at the Fair

The mela has come to town! Balloons, jalebis, toys and joy rides. But every fun thing has a price. Let us see how money works.

What we'll do

• Recognise Indian coins and notes.
• Make different amounts using coins and notes.
• Buy things and count change.
• Solve small word problems about money.

The big idea

We use rupees to buy and sell things in India. Money comes in coins (1, 2, 5, 10 rupees) and notes (10, 20, 50, 100, 200, 500 rupees).

The same amount can be made in many ways. To get 10 rupees, we can use one 10-rupee coin, or two 5-rupee coins, or five 2-rupee coins. They are all equal!

When we buy something, we pay the shopkeeper. If we give more money than the price, the shopkeeper gives back the extra. That extra is called change. For example, a balloon costs 8 rupees and you give a 10-rupee coin. The shopkeeper gives back 10 - 8 = 2 rupees as change.

Knowing money helps us be careful , we don't pay too much, and we count what we get back.

Let's play!

Coin sort. Empty a small purse on the table. Sort the coins into groups by their value. Add them up.

Make 20 rupees. Find three different ways to make 20 rupees using coins and notes (real or paper ones you draw).

Pretend shop. Set up toys with paper price tags. Take turns being the shopkeeper and the buyer. Give correct change!

A small story

Gargi went to the fair with 50 rupees. She bought a jalebi for 15 rupees and a balloon for 8 rupees. She spent 15 + 8 = 23 rupees. How much was left? 50 - 23 = 27 rupees. She had enough for a small toy car too!

Quick check

1. Name two Indian coins.
2. Make 15 rupees using a 10-rupee note and coins.
3. A pencil costs 6 rupees. You give a 10-rupee coin. What is the change?
4. You have 25 rupees. A book costs 30 rupees. Can you buy it?
5. 20 rupees + 30 rupees = how many rupees?

What did we learn?

• Money in India is in rupees, as coins and notes.
• The same amount can be made in many ways.
• We pay the price and get back any extra as change.