1st Grade Maths: Term 3 Chapter 3 - Introduction to Money

1st Grade Maths: Term 3 Chapter 3 - Introduction to Money

1st Maths: Money

Term 3 | Unit 3

Stationery Shop

Teacher's Note: Teacher has to ask the students to observe the below picture. Elicit reply for the following questions to introduce the concept of money.

A colorful illustration of a stationery shop with a shopkeeper and a child.

1. What are the items do you see in the stationery shop?

Answer: pencil, pen, eracer, Notebook, Markers, White papers, Books, Staplers, Writing pad, sharpener, skitch, etc

2. What is your favourite item in the shop?

Answer: Skitch

3. In order to buy your favourite item from the shop, what do you need to pay to the shopkeeper?

Answer: 25 Rupees

Keywords: Coin, Currency

Learn: Coins and Currency Notes

The existing coins and currency notes in India.

Images of Indian coins (1, 2, 5, 10 Rupees) and currency notes (10, 20, 50, 100, 200, 500 Rupees).

The same valued coins and currency notes make no difference in terms of their values.

Know More

‘ Symbol is used for representing Rupee, the Indian currency.

Practice

Tick (✓) the correct coin / currency note of the objects.

Practice exercise showing objects and their prices, with the correct currency ticked.

Activity: Trace the coin.

Trace the coins and discuss what do you see in the traced images.

Required materials: Coins, Pencil, Eraser, Paper

Illustration of how to trace a coin on a piece of paper with a pencil.

Know More: Let us Save!

An image encouraging saving, showing a hand putting a coin into a piggy bank.

Learn: ₹ 10 in different ways.

Different combinations of coins and notes that add up to 10 Rupees.

Game: Change, change, exchange

Materials required: Toy coins and currencies. Flash cards with money values.

Procedure:

* Divide the class into two groups.

* Provide flash cards to one group and toy coins and currencies to other group.

* Let the first group show a flash card randomly.

* The second group has to show its equivalent value of money in terms of coins or currencies or combination of both.

* Teacher has to facilitate the children till the enrichment of the concept.

* The groups may be interchanged with the materials and continue the same.

Practice: Matching

Match the objects with its correct money value.

Matching exercise: objects on one side (ice cream, balloon, toy car, pencil) and money values on the other side (₹10, ₹5, ₹1, ₹2).
Click here to see the answers

Correct Matches:

(i) Ice Cream - ₹ 5

(ii) Balloon - ₹ 2

(iii) Toy Car - ₹ 10

(iv) Pencil - ₹ 1

Pleasure time

Tick (✓) the required money to buy the objects.

Exercise showing an object with a price and a selection of coins/notes, with the correct combination ticked.