Page 2 - Lesson Notes 2

CONVERSION OF MONEY

Learning objectives:Students will learn to convert rupee into paise and vice versa.

Explanation
1 Rupee = 100 Paise

. Conversion of Rupees into Paise

NOTE:To convert rupees into paise, we multiply the amount in rupees by 100.

Example: convert 5 rupees into paise.

Solution: 1 rupee = 100 paise

Thus, 5 rupees = 5×100 = 500paise

• Conversion of Rupees and Paise into Paise

NOTE: To convert ‘rupees into paise’ we multiply the amount in rupees by 100 and add to it the
number of paise.

Example: convert 8 rupees 70 paise into paise

Solution: 1 rupee= 100 paise

8 rupees= 8 × 100 = 800paise

800paise + 70paise = 870paise

Thus, 8 rupees 70 paise=870paise

• Conversion of paise into rupees

NOTE: To convert paise into rupees we divide the amount in paise by 100.

Example: convert 400 paise into rupees

Solution: we know that