Chapter 12: How Much Can We Spend?

Math • Class 1

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Chapter Analysis

Beginner5 pages • English

Quick Summary

Chapter 12 'How Much Can We Spend?' introduces young learners to handling and counting currency through practical examples and activities. It involves recognizing and differentiating coins and notes, understanding simple transactions, and performing small budgeting exercises in a playful context. The chapter encourages students to engage with concepts of money, expenses, and savings in a way that is both educational and entertaining.

Key Topics

  • Counting and recognizing currency
  • Simple transactions using money
  • Budgeting small amounts
  • Recognizing different denominations
  • Saving and spending wisely

Learning Objectives

  • Identify and differentiate between different coins and notes
  • Perform basic money calculations and transactions
  • Understand simple budgeting and the importance of savings
  • Apply arithmetic in the context of money-handling
  • Encourage social interaction through simulated shopping play

Questions in Chapter

One ball costs 20. Riya gives _____ coins of 5 for the ball.

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Sahil gives _____ note of 10 for the ball.

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Name the toys you can buy for 10.

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Name the toys you can buy for 20.

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If the cost of a car is 14 and Riya has 10 with her, how much more money does she need to buy the car?

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Riya and Sahil together have 30. Write the name of the toys which they can buy.

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Additional Practice Questions

If you have three 10 notes and two 5 coins, how much money do you have in total?

easy

Answer: You have a total of 40, calculated as (3 x 10) + (2 x 5).

Riya wants to buy a toy costing 12, and she only has 5 and 2 coins. List all possible combinations she could use to pay exactly.

medium

Answer: Riya can use the combinations: (2 coins of 5, 1 coin of 2), (6 coins of 2), (1 coin of 5, 3 coins of 2).

Explain why saving money can be beneficial, even if you are young.

easy

Answer: Saving money helps you buy things you might want in the future, teaches you patience, and helps you understand budgeting.

If Riya buys three toys costing 10 each and pays with one 50 note, how much change should she receive?

medium

Answer: Riya should receive 20 as change, calculated as 50 - (3 x 10).

Create a plan for how you would spend 100 over a week, considering needs and wants. Justify your choices.

hard

Answer: A suggested plan could include spending 50 on essentials like food, 30 on a toy or game, and saving 20. This encourages sensible spending and prioritization.