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"Rupees and Paise" is an essential chapter in the Class 3 Mathematics curriculum that introduces students to the basics of money management. This chapter aims to familiarize young learners with the concepts of rupees and paise through engaging scenario-based questions, including the creation of cash memos, and understanding prices and transactions.

Introduction to CBSE Solutions for Class 3 Mathematics Chapter: Rupees and Paise

The chapter “Rupees and Paise” dives into the fundamental aspects of handling money, helping students grasp how to add, subtract, and understand the value of money in real-life situations. Through practical exercises, such as identifying the amounts of money shown by notes and coins, and understanding the cost of items, students learn to navigate through everyday financial transactions with ease. The chapter further explores the creation of cash memos, pricing tickets according to distance, and other relatable activities that enhance students’ numerical skills and their understanding of financial literacy. By providing a variety of exercises, including practice time questions and puzzles, this chapter equips students with the knowledge to manage money wisely from a young age.

Assignments on CBSE Class 3 Mathematics: Rupees and Paise

  1. Money Identification: Students practice identifying the value of different notes and coins, enhancing their understanding of the currency.
  2. Creating Cash Memos: Learners are tasked with creating cash memos for given shopping lists, applying addition to find total costs.
  3. Pricing Exercises: Children calculate the cost of various items and scenarios to understand how to manage and spend money effectively.
  4. Comparing Costs: Students compare the costs of different combinations of items to determine which offers are more economical.

Conclusion 
“Rupees and Paise” equips Class 3 students with the basic skills needed for handling money, making them aware of the value of different denominations and how to manage finances in everyday situations. This chapter not only strengthens their arithmetic skills but also introduces them to the concept of financial literacy, preparing them for more complex mathematical and financial concepts in the future.

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Questions and Answers for CBSE Class 3 Mathematics: Rupees and Paise

Q1: How many paise make 1 rupee?
A1: 100 paise make 1 rupee.

Q2: If you have 5 rupees and 25 paise, how would you write this amount in numbers?
A2: Rs. 5.25.

Q3: If an apple costs Rs. 10 and a banana costs Rs. 5, how much do both cost together?
A3: Rs. 15.

Q4: If you buy a toy for Rs. 50 and give the shopkeeper a 100 rupee note, how much change should you get back?
A4: Rs. 50.

Q5: If a book costs Rs. 45.50, how many rupees and how many paise does the book cost?
A5: 45 rupees and 50 paise.

Q6: If you have two 10 rupee notes and three 5 rupee coins, how much money do you have in total?
A6: Rs. 25.

Q7: If a packet of biscuits costs Rs. 10.75 and you buy 2 packets, how much do you pay in total?
A7: Rs. 21.50.

Q8: If you save Rs. 2.50 every day, how much money will you have saved by the end of 4 days?
A8: Rs. 10.

Q9: If a chocolate bar costs Rs. 15.25 and you pay with a 20 rupee note, how much change will you receive?
A9: Rs. 4.75.

Q10: If the total bill for your groceries is Rs. 100.50 and you give the cashier a 500 rupee note, how much change should you expect?
A10: Rs. 399.50.

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