Money is counted in terms of notes and _________ .a)valueb)rupees c...
Counting Money in Terms of Coins
Introduction:
In India, money is counted in terms of notes and coins. While notes are used for larger denominations, coins are used for smaller denominations.
Coins:
Coins are small, round, and metallic objects that are issued by the government as a form of currency. They come in different shapes, sizes, and denominations.
Denominations:
Coins are issued in denominations of 50 paise, 1 rupee, 2 rupees, 5 rupees, and 10 rupees. The 50 paise coin is no longer in circulation and has been replaced by the 1 rupee coin.
Value:
The value of coins is determined by their denominations. For example, a 1 rupee coin has a value of 1 rupee, a 2 rupee coin has a value of 2 rupees, and so on.
Counting:
When counting coins, it is important to sort them by their denominations first. Then, they can be counted by grouping them in piles of ten. For example, ten 1 rupee coins make a pile of 10 rupees.
Conclusion:
In conclusion, coins are an important part of the Indian currency system and are used for smaller denominations. They are counted by sorting them by their denominations and grouping them in piles of ten.
Money is counted in terms of notes and _________ .a)valueb)rupees c...
Money is counted in terms of notes and coins.
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