Class 1 Exam > Class 1 Notes > Mathematics for Class 1: NCERT (Joyful-Mathematics) > Chapter Notes: How Much Can We Spend?
How Much Can We Spend? Class 1 Notes Maths
Introduction
Ravi and Reena are buying ice creams at an ice cream parlour. What do they have to give in return to the ice cream vendor?
The answer is money!- Money is used to buy things at a shop, online or in the market.
- In India, money or currency is in the form of rupees and paise.
- We use the symbol T for rupee or rupees and 'p' for paisa or paise.
Let Us Count Money
Neerav and Nisha went to a shop to buy a book. It cost ₹ 30. They did not have exact ₹ 30 to pay. They paid a ₹ 50 note to the shopkeeper. The shopkeeper returned ₹ 20 in the form of coins and notes of smaller values (denomination) as ₹ 10 + ₹ 5 + ₹ 5.
Edurev Tips: Notes and coins of higher denominations can be exchanged for smaller denominations.
Money Stories in Real Life Situations
Example 1: Somya bought a pizza for ₹ 70. She also bought popcorn for ₹ 25. How much did she pay for both? Somya paid ₹ 95 for both the items.
Ans:
Example 2: A chocolate costs ₹ 18 but I have only ₹ 15. How much more money do I need to buy the chocolate? I need ₹ 3 more to buy the chocolate.
Ans:
Activity
Learning Objective: Understanding and practising handling notes and coins up to rupees 20 in daily life
Preparation:- The teacher arranges play money and some wrappers of chocolates, wafers, empty pencil boxes, etc. (The teacher can ask the students to bring real small eatable packets.)
- The teacher prepares price tags for items with the
- Sets up real shopping scenario with the help of volunteer students.
Working:
- Divide the students into groups of four.
- Give play money to all groups. Display items with their price tags.
- Let one group enact as sellers and other group as buyers.
- Pose a situation like- I want to buy a pencil box which costs say, ₹ 19.
- Check how do they do simple addition and subtraction of money by using different combinations of coins and notes (up to rupees 20 only).
- Repeat the activity with other groups and have fun.
The document How Much Can We Spend? Class 1 Notes Maths is a part of the Class 1 Course Mathematics for Class 1: NCERT (Joyful-Mathematics).
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Document Description: Chapter Notes: How Much Can We Spend? for Class 1 2024 is part of Mathematics for Class 1: NCERT (Joyful-Mathematics) preparation.
The notes and questions for Chapter Notes: How Much Can We Spend? have been prepared according to the Class 1 exam syllabus. Information about Chapter Notes: How Much Can We Spend? covers topics
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Introduction of Chapter Notes: How Much Can We Spend? in English is available as part of our Mathematics for Class 1: NCERT (Joyful-Mathematics)
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