Maths

Money

Class 2

🎯 Learning Objectives

📖 Let Us Begin!

Arjun goes to the stationery shop near his school with his mother. He wants to buy a pencil for ₹5 and an eraser for ₹3. How much money does he need? We use money every day to buy things we need.

In India, our money is called Rupees (₹). The symbol ₹ stands for Indian Rupee. Money comes in two forms — coins (round, metal) and notes (flat, paper). Let us learn about Indian money!

Indian coins and notes - 1, 2, 5, 10 rupee coins and 10, 20, 50, 100 rupee notes

Indian Coins

Coins are round and made of metal. We use these coins in India:

CoinValueWhat you can buy
₹1 coinRe. 1 (one rupee)A toffee or a small candy
₹2 coinRs. 2A small biscuit packet
₹5 coinRs. 5A pencil or a lollipop
₹10 coinRs. 10A small notebook or a pen
Did you know? For ₹1, we write "Re. 1" (Rupee). For ₹2 or more, we write "Rs." (Rupees). The new symbol is ₹.

Indian Notes

Notes are made of paper (or polymer). Each note has a different colour:

NoteColourWhat you can buy
₹10 noteChocolate brownA small notebook
₹20 noteGreenish-yellowA box of crayons
₹50 noteFluorescent blueA storybook
₹100 noteLavender (light purple)A lunch box or water bottle
₹200 noteBright yellowA school bag strap or toy

All Indian notes have a picture of Mahatma Gandhi on the front and the Ashoka Pillar emblem.

Counting Money

To count money, add the value of each coin or note together.

Example 1: Meena has 3 coins of ₹5 each. How much money does she have?
₹5 + ₹5 + ₹5 = ₹15
Example 2: Ravi has one ₹10 note, one ₹5 coin, and two ₹2 coins. How much money?
₹10 + ₹5 + ₹2 + ₹2 = ₹19
Example 3: Sita has one ₹50 note and one ₹20 note. How much money?
₹50 + ₹20 = ₹70

Shopping Problems (Addition)

When we buy things, we add the prices to find the total cost.

Problem 1: Arjun buys a pencil for ₹5 and a sharpener for ₹4. How much does he pay?
₹5 + ₹4 = ₹9
Problem 2: During Diwali, Priya buys a packet of sparklers for ₹20 and a box of sweets for ₹50. Total cost?
₹20 + ₹50 = ₹70

Giving Change (Subtraction)

When we pay more than the price, the shopkeeper gives us back the extra money. This is called change.

Problem 3: A samosa costs ₹15. Meena gives ₹20. How much change does she get?
₹20 − ₹15 = ₹5 change
Problem 4: Ravi buys a cricket ball for ₹30. He gives a ₹50 note. Change?
₹50 − ₹30 = ₹20 change

📝 Key Words

WordMeaning
Rupee (₹)The unit of money used in India
CoinA round, metal piece of money
NoteA flat, paper piece of money
Price / CostHow much something costs
TotalThe full amount after adding all prices
ChangeMoney returned when you pay more than the price
⭐ Key Points to Remember

Finished learning? Now test what you know!