How to Change Between Rupees and Paise with Step-by-Step Solutions
The subtraction operation is the most popular arithmetic operation among children. The kids subtract rupees and paise from whatever they have. Rupees and paise are two different measurements of Indian money. They are often mixed up, and people might think paise is the same as rupees, but they're not. This article will teach you how to differentiate between the terms rupee and paisa; also, it includes the meaning, methods, and steps of subtraction of money.
Subtraction of Money
Subtraction Methods Based on Rupees and Paise
We will learn how to subtract money values that include rupees and paise in order to get the difference. Money is subtracted in the same way as decimal numbers are subtracted. We must ensure that the sums of money are changed into paisa while subtracting. We will discover two distinct approaches to resolving subtraction problems with rupees and paise. Students can use both strategies.
Subtracting the values and changing them to rupees.
Subtracting the amounts without changing them to rupees.
Subtraction of Money
Conversion of Rupees and Paise
Below is the example for the addition and subtraction of rupees and paise conversion:
Paise to Rupees Conversion: While converting paise into rupees, we divide paise by 100. Converting paise into rupee formula is to divide the paise by a hundred.
Example 1. Convert 800 paise into rupees.
Ans: Here, we have 800 p
For converting, we will divide it by 100.
=$\dfrac{800}{100}$ = ₹ 8.00
Therefore, by converting 800 paise into rupees, we get 8 rupees.
Rupees to Paise Currency Conversion: Rupees conversion into paise happens when we multiply the rupees by a hundred.
Example 2. Convert ₹ 4 into paise.
Ans: ₹ 4 = 4 × 100 = 400 p
Therefore, ₹ 4 will give 400 p on conversion.
Benefits of Money Subtraction
The children will learn about common situations involving money through these math worksheets and experience dealing with subtraction involving different currencies.
The subtracting money worksheets are purposefully made with an emphasis on how to handle financial transactions, find prices, figure out how much change to give and how much tax to pay, as well as receive adequate practice with mental Maths.
Solved Examples
1. Subtract Rs. 38.55 from Rs. 67.40
Solution:
Method - with conversion into paise:
Rs. 67.40 = 6700 paise + 40 paise = 6740 paise
Rs. 38.35 = 3800 paise + 35 paise = 3835 paise
Solved Example
Therefore, difference of Rs. 38.35 from Rs. 67.40 = 2905 Paise = Rs. 29.05
2. Add Rs. 35.25 and Rs. 125.75
Ans: As we know that we write rupee and paise by separating them with a dot.
In the example of adding 35.25 and 125.75, firstly we write them in vertical addition form.
We add the paise first and then the rupees.
The final answer to this question would be 161.00 Rupees.
Subtraction of Rupees and Paise Worksheet
(i) Rs. 236. 00 – Rs. 43.00 (Ans: Rs. 236. 00 – Rs. 43.00 = Rs. 193)
(ii) Rs. 546.00 – Rs. 318.00 (Ans: Rs. 546.00 – Rs. 318.00= Rs. 228)
(iii) 528.00 p – 207.00 p (Ans: 528.00 p – 207.00 p = 321 p)
(iv) Rs. 587.00 – Rs. 419.00 (Ans: Rs. 587.00 – Rs. 419.00 =Rs. 178)
(v) Rs. 656.00 – Rs. 145.00 (Ans: Rs. 656.00 – Rs. 145.00 =Rs. 511)
Summary
We deal with rupees and paise in our daily lives. Nothing can be bought without money. Money is required to do everything. In ancient times, paise was also of use, but now only rupees are in use. The formulas to convert the rupee into paisa and paise into rupee are to be understood well. To convert rupees into paisa, we just have to multiply by 100.
Similarly, to convert paisa to rupees we just have to divide by 100. These concepts are combined with multiplication and division as well. Children must know how to deal with money. These concepts have to be taught well to the kids.
FAQs on Conversion of Rupees and Paise Made Easy
1. What is the meaning of conversion of rupees and paise?
Conversion of rupees and paise means changing currency values between rupees and paise. Since 1 rupee equals 100 paise, this process involves either multiplying or dividing by 100 to switch between these two units in the Indian currency system.
2. How do you convert paise to rupees?
To convert paise to rupees, divide the amount in paise by 100. For example, 250 paise becomes $\frac{250}{100} = 2.50$ rupees. This simple currency conversion helps in daily calculations and understanding prices.
3. How do you convert rupees to paise?
To convert rupees to paise, multiply the rupee value by 100. For instance, 5 rupees equals $5 \times 100 = 500$ paise. This conversion is useful when dealing with small denominations or when making change.
4. Why are conversion of rupees and paise important in daily life?
The conversion of rupees and paise is important for accurately calculating prices, making payments, and managing expenses. It helps people
- avoid mistakes in transactions
- understand currency breakdowns
- ensure correct change during purchases
5. What is the formula to convert rupees to paise?
The formula to convert rupees to paise is:
$\text{Paise} = \text{Rupees} \times 100$
This formula allows you to quickly find the correct value when dealing with currency conversion in India.
6. What is the formula to convert paise to rupees?
To convert paise to rupees, use the formula:
$\text{Rupees} = \frac{\text{Paise}}{100}$
This helps you accurately change small values to their rupee equivalent in the Indian currency system.
7. Can you give an example of rupees and paise conversion?
Yes, for example, if you have 3 rupees and 75 paise, then total in paise is $3 \times 100 + 75 = 375$ paise. Converting back, 375 paise becomes $\frac{375}{100} = 3.75$ rupees.
8. Are rupees and paise both used in Indian currency?
Rupees and paise are both official units of Indian currency. 1 rupee equals 100 paise. While rupees are used for most transactions, paise are used for smaller amounts and exact pricing.
9. What should you do if the paise adds up to more than 100?
If paise total more than 100, separate them into rupees and remaining paise. For example, 150 paise equals 1 rupee and 50 paise, since 100 paise make 1 rupee. This makes handling currency conversion easier during transactions.
10. How do you write rupees and paise together?
Write rupees and paise together as rupees.paise. For example, 5 rupees and 30 paise is written as Rs. 5.30. This notation helps in clear money conversion and is commonly used on bills and receipts.
11. Is conversion of rupees and paise needed for every transaction?
Conversion of rupees and paise is necessary when the transaction involves amounts not in whole rupees. It ensures accurate payments, calculations, and accounting, especially in shops or while paying bills where prices are not round figures.
