Multiply money amounts: word problems

Key Notes :

💰 Money has rupees and paise

• ₹ = Rupees
• 1 Rupee = 100 Paise
• Example: ₹12.50 = 12 rupees and 50 paise 🪙

---

✖️ Multiply money like normal numbers

• Ignore the decimal point while multiplying.
• Put the decimal back two places from the right in the final answer.
• Example:
  ₹15.50 × 3
  → 1550 × 3 = 4650
  → Put decimal → ₹46.50 ✔️

---

🛒 Use multiplication for repeated amounts

• If one item costs ₹x and you buy y items,
  → Total cost = ₹x × y
• Example: One notebook costs ₹22. You buy 4.
  Total = ₹22 × 4 = ₹88 📚

---

📦 Use multiplication for packs or bundles

• If one packet costs ₹18 and the class buys 12 packets,
  Total = ₹18 × 12 = ₹216 🛍️

---

🧮 Write steps clearly

• Step 1: Identify the cost of one item 📝
• Step 2: Identify the number of items 🧺
• Step 3: Multiply both
• Step 4: Insert decimal correctly (2 places) ✔️

---

🧠 Check your answer

• Estimation helps!
• Example: ₹19.75 × 3 ≈ ₹20 × 3 = ₹60
• Compare with actual answer to see if it’s reasonable 👍

---

🔍 Watch out for tricky words

• “Each” → multiply
• “Every” → multiply
• “Per item” → multiply
• “Bought 5 of them” → multiply 🛒

---

🛠️ Be careful with decimals

• Always count two decimal places for money
• Example: ₹8.60 × 6
  → 860 × 6 = 5160 → ₹51.60 ✔️

---

💡 Use real-life examples

• Buying chocolates 🍫
• Purchasing tickets 🎟️
• Shopping for school supplies 📘

---

🎯 Practice makes perfect!

Solving many word problems helps understand real-life money multiplication better 😄

Learn with an example

Let’s practice!🖊️