Chapter 9 — Money
Money is used every day to buy things we need and want. We use coins and notes to pay for items and receive money when something is sold.
In this chapter, you will learn what money is, recognise common coins and notes, compare different amounts of money and use money in simple buying and selling situations.
Why This Chapter Matters
Understanding money helps us make sense of everyday activities such as buying food, paying for school items and saving money. Learning how to recognise and compare amounts also helps us make simple decisions when using money.
Different coins and notes can represent different amounts of money.
These ideas provide a foundation for learning more about money, addition, subtraction and financial situations in later mathematics.
What You Will Learn
- What money is and why we use it.
- How to recognise common coins.
- How to recognise common notes.
- How to compare different amounts of money.
- How to use money when buying and selling simple items.
- How to solve simple money problems.
Before You Begin
Before starting this chapter, you should be comfortable recognising numbers, comparing amounts and doing simple addition and subtraction.
You will use these skills to recognise money values, compare amounts and solve simple buying and selling situations.
Understanding the Learning Sequence
The lessons move from understanding the idea of money to recognising coins and notes, comparing amounts and finally using money in simple real-life situations.
This sequence helps you first understand money and its forms before using money values in practical situations.
Lessons in This Chapter
Complete the lessons in the order shown below.
Important Ideas
- Money is used to buy and sell goods and services.
- Coins and notes can have different values.
- We need to recognise the value of money before using it.
- Different coins and notes can be combined to make an amount.
- Money amounts can be compared.
- We use money when buying and selling things.
- Simple money problems can be solved using addition and subtraction.
Chapter Practice
- What do we use money for?
- Name one type of money.
- What are the two common forms of money we use?
- Which amount is greater: ₹5 or ₹10?
- How much money do ₹2 and ₹5 make together?
- If a pencil costs ₹5 and you have ₹10, how much money is left after buying it?
- Which is more: ₹20 or ₹10?
- Give one example of something you can buy with money.
Quick Revision
Money is used for buying and selling. Coins and notes have different values, and we can combine them to make different amounts.
We can compare money amounts and use addition and subtraction to solve simple buying, selling and everyday money problems.
Continue Learning
Start with Lesson 1 — Understanding Money and complete the lessons in sequence.