Conversion of rupees and paise

Learning objectives

  • Dealing with Money
  • Profit & Loss
  • Cost price & Selling price

Conversion of rupees and paise

Rupees into paise

As ₹ 1 = 100 paise, multiply the amount in rupees by 100 to convert it into paise.

Example 1: ₹ 3 = 3 × 100 = 300 paise

₹ 15 = 15 × 100 paise = 1500 paise

Example 2: ₹ 40.56 = 40 × 100 paise + 56 paise

= 4000 paise + 56 paise = 4056 paise

Example 3: ₹ 85.50 = 8550 paise

Paise into rupees

Put a point '.' before the second digit from the right, to convert given paise into rupees.

Example 4:

1111 paise = ₹ 11.11 or rupees 11 and 11 paise

610 paise = ₹ 6.10 or rupees 6 and 10 paise

5001 paise = ₹ 50.01 or rupees 50 and 1 paise

Addition of money

Example 5: Add ₹ 30.70 and ₹ 12.50

Answer: ₹ 43.20

Subtraction of money

Example 6:

Subtract ₹ 50.40 from ₹ 57.80.

Answer: ₹ 7.40

Multiplication of money

Example 7:

Multiply ₹ 5.05 by 8.

Step 1: Remove point '.', so we have 505.

Step 2: Multiply 505 by 8

Step 3: Put the point (.) before the second digit from the right.

Answer: ₹ 40.40

Division of money

Example 8: Divide ₹ 30.6 by 3.

Answer: 10.2

Exercise 11.1

A. Convert into paise.

₹8   ₹67.19 rupees 34 and 30 paise   rupees 50 and 78 paise
₹19.34

B. Convert into rupee.

500 paise   100 paise 879 paise
6999 paise 9000 paise 4553 paise

C. Add

  1. Rupees 16 and 15, rupees 10 and 60 paise
  2. Rupees 107.4 and rupees 10.10
  3. Rupees 521.13 and rupees 142.34
  4. ₹111.11, ₹222.22, ₹777.77
  5. ₹90.90, ₹900.90, ₹909.99, ₹999.99
  6. ₹213.12, ₹321.13, ₹132.32, ₹332.33

D. Subtract

1.   ₹218.99 − ₹8.89 2.   ₹471.00 − ₹14.15
3. ₹500.00 − ₹400 4. ₹680.67 − ₹35.77
5. ₹840.39 − ₹29.99 6. ₹900.00 − ₹899.99

E. Multiply

1.   ₹10.5 ⨯ 5 2.   ₹55.4 ⨯ 11
3. ₹100.24 ⨯ 8 4. ₹208.8 ⨯ 20
5. ₹500.5 ⨯ 50 6. ₹813.06 ⨯ 55

F. Divide (up to two decimal places)

1.   ₹11.0 by 10 2.   ₹32.23 by 15
3. ₹522.86 by 12 4. ₹860.60 by 15
5. ₹365.83 by 9 6. ₹830.88 by 10