Chapter Notes: Money

# Chapter Notes: Money Notes | Study Mathematics for Class 5 - Class 5

## Document Description: Chapter Notes: Money for Class 5 2022 is part of Mathematics for Class 5 preparation. The notes and questions for Chapter Notes: Money have been prepared according to the Class 5 exam syllabus. Information about Chapter Notes: Money covers topics like Let Us Recall, Addition and Subtraction of Money, Multiplication of Money, Division of Money and Chapter Notes: Money Example, for Class 5 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Chapter Notes: Money.

Introduction of Chapter Notes: Money in English is available as part of our Mathematics for Class 5 for Class 5 & Chapter Notes: Money in Hindi for Mathematics for Class 5 course. Download more important topics related with notes, lectures and mock test series for Class 5 Exam by signing up for free. Class 5: Chapter Notes: Money Notes | Study Mathematics for Class 5 - Class 5
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Let Us Recall

So far we have learnt how to represent money in short form. We also learnt addition, and subtraction, of money. Let us have a quick review of what we read.
In the chapter of decimals, we have read how to work with money using decimal. Here we shall read how to add, subtract, multiply and divide money.

Example 1: Add ₹ 10.35, ₹ 76.75 and ₹ 45.25.

Example 2: Subtract ₹ 67.85 from ₹ 140.50.

Example 3: Add ₹ 54.75 to ₹ 62.30 and subtract the sum from ₹ 150.

Multiplication of Money

Multiplication in rupees and paise by a number is done like multiplication of whole numbers ignoring the decimal point. In the product, we put the decimal point after two places from the right to separate paise from rupees.

Example 4: Solve ₹ 13.50 × 5.

Method: Multiply 1350 b 5.
Put decimal point (.) from the right leaving two digits 50.
Digits on the right of decimal point indicate paise and digits on the left of decimal point represent rupees.
So, ₹ 13.50 × 5 = ₹ 67.50.

Division of Money

Division of money is done in the same way as we divide numbers. Always remember to put the decimal point after two digits from the right in the quotient.

Example 5: Divide ₹ 439.44 by 6

So, ₹ 439.44  6 = ₹ 73.24.

Making a Bill

Let us make bills for the following purchases.
A notebook ₹ 16.50, A pen ₹ 7.50, A story book ₹ 12.50,
A pack of sketch pens ₹ 21.00

Rice  ₹ 24.00, Moong Daal ₹ 36.50, Salt ₹ 9.50,
Shampoo ₹ 18.50, Hair Oil ₹ 28.50

Shopping

Example 6: Shekhar bought a notebook for ₹ 8.75, an eraser for ₹ 3.25 and a chocolate for ₹ 12.50. He gave a 50-rupee note to the shopkeeper. How much did he get back?

So, Shekhar will get back ₹ 25.50.

Example 7: The cost of 1 chocolate is ₹ 8.50. Mother bought 5 chocolates and paid with a 50-rupee note. How much will she get back?

Hence, Mother will get back ₹ 7.50.

Example 8: Mrs. Shukla bought the following items from a shop.
1 packet of tea for ₹ 72.50
2 kg of sugar for ₹ 42.40
1 packet of coffee for ₹ 105.25
She gave a 500-rupee note to the shopkeeper. How much mone did the shopkeeper return?

Hence, the shopkeeper will return ₹ 279.85 to Mrs. Shukla.

The document Chapter Notes: Money Notes | Study Mathematics for Class 5 - Class 5 is a part of the Class 5 Course Mathematics for Class 5.
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