Table of contents 
Let Us Recall 
Addition and Subtraction of Money 
Multiplication of Money 
Division of Money 
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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 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 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.
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
Example 6: Shekhar bought a notebook for ₹ 8.75, an eraser for ₹ 3.25 and a chocolate for ₹ 12.50. He gave a 50rupee 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 50rupee 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 500rupee note to the shopkeeper. How much mone did the shopkeeper return?
Hence, the shopkeeper will return ₹ 279.85 to Mrs. Shukla.
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