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Revision Notes

Money

ICSE · Class 3 · Mathematics

Quick revision notes for Money — ICSE Class 3 Mathematics. Key concepts, formulas, and definitions for last-minute revision.

44 questions30 flashcards4 concepts

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Key Topics to Revise

1

Understanding Rupees and Paise

  • The Indian currency is called the Rupee (₹).
  • 1 Rupee = 100 Paise (p).
  • Paise is the smaller unit of money.
2

Converting Rupees to Paise and Vice Versa

  • To convert rupees to paise, multiply by 100.
  • To convert paise to rupees, divide by 100 or place a dot after two digits from the right.
  • When converting ₹ 12.45 to paise: ₹ 12 = 1200 p + 45 p = 1245 p.
3

Adding and Subtracting Money

  • Always align rupees with rupees and paise with paise using the dot (.)
  • Add or subtract paise first, then rupees.
  • If paise add up to more than 100, carry over 1 rupee.
4

Word Problems on Money

  • Read the problem carefully to understand what is given and what is asked.
  • Identify whether you need to add (total cost) or subtract (money left).
  • Convert all amounts to the same unit if needed.

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Full Notes

Key Concepts

The money used in IndiaWe write rupees and paiseTo convert rupees into paiseWe add or subtract money just

Frequently Asked Questions

What are the important topics in Money for ICSE Class 3 Mathematics?
Money covers several key topics that are frequently asked in ICSE Class 3 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Money — ICSE Class 3 Mathematics?
Understand the core concepts first, then work through the 44 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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