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Mathematics | How Much Can We Spend? (Money)

The chapter "How Much Can We Spend? (Money)" in CBSE Class 1 Mathematics introduces young learners to the concept of money. It helps children understand different denominations of coins and notes, and how to use them in simple transactions. This chapter aims to make students comfortable with handling money through interactive exercises and real-life examples.

Introduction to CBSE Class 1 Mathematics Chapter "How Much Can We Spend? (Money)"

This chapter provides a foundational understanding of money, its various forms, and its use in everyday life. Key topics covered include:

  • Identifying Coins and Notes: Students learn to recognize and name different coins (₹1, ₹2, ₹5, ₹10) and notes (₹10, ₹20, ₹50, ₹100).
  • Counting Money: Exercises to count total amounts using different combinations of coins and notes.
  • Making Payments: Understanding how to pay for items using appropriate denominations.
  • Simple Transactions: Learning to add and subtract amounts to simulate buying and selling activities.

Assignments for CBSE Class 1 Mathematics Chapter “How Much Can We Spend? (Money)”

  1. Identify and Write Denominations:
    • Look at various coins and notes and write their denominations.
    • Example: Identify a ₹5 coin and write “₹5”.
  2. Count the Money:
    • Count the total money using given coins and notes.
    • Example: Count how many ₹2 coins make ₹10.
  3. Make a Purchase:
    • Practice buying items with a given amount of money.
    • Example: If a toy costs ₹20, determine how many ₹5 coins are needed.
  4. Fill in the Blanks:
    • Complete sentences related to money transactions.
    • Example: “Riya gives _____ coins of ₹5 to buy a ball that costs ₹20.”
  5. Coloring Activity:
    • Color the pictures of different coins and notes.

Conclusion

The chapter “How Much Can We Spend? (Money)” equips students with the basic skills to handle money confidently. Understanding money, its value, and how to use it in transactions is essential for everyday life. This chapter uses fun and engaging activities to help students grasp these concepts effectively.

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Questions and Answers for CBSE Class 1 Mathematics Chapter "How Much Can We Spend? (Money)"

Q1: What is the value of a coin with ₹1 written on it?

  • ANS: The value of the coin is ₹1.

Q2: How many ₹2 coins do you need to make ₹10?

  • ANS: You need 5 coins of ₹2 to make ₹10.

Q3: What are the different denominations of notes mentioned in the chapter?

  • ANS: The denominations of notes mentioned are ₹10, ₹20, ₹50, and ₹100.

Q4: If a ball costs ₹20, how many ₹5 coins are needed to buy it?

  • ANS: 4 coins of ₹5 are needed to buy a ball that costs ₹20.

Q5: Riya has ₹10 and wants to buy a toy car that costs ₹14. How much more money does she need?

  • ANS: Riya needs ₹4 more to buy the toy car.

Q6: What toys can you buy for ₹20 according to the chapter?

  • ANS: You can buy 1 ball or 2 flutes for ₹20.

Q7: How many notes of ₹10 are required to make ₹50?

  • ANS: 5 notes of ₹10 are required to make ₹50.

Q8: Riya and Sahil together have ₹30. Name the toys they can buy with this amount.

  • ANS: They can buy 1 ball and 1 flute or 2 elephants or 3 flutes with ₹30.

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