Compare money amounts

key notes :

Understanding Money

  • Recognize and identify different currency denominations (coins and bills).
  • Understand the value of each coin and bill.

Comparing Money Amounts

  • Use place value to compare amounts (dollars and cents).
  • Compare two amounts using symbols: < (less than), > (greater than), = (equal to).
  • Arrange money amounts in ascending and descending order.

Using Decimals in Money

  • Represent money amounts in decimal form (e.g., $3.50 = 3 dollars and 50 cents).
  • Understand that the decimal point separates dollars and cents.

Addition and Subtraction of Money

  • Add and subtract money amounts correctly.
  • Solve word problems involving money comparisons.

Real-Life Applications

  • Comparing prices in a store to find the better deal.
  • Determining if there is enough money to buy an item.
  • Making change when buying something.

Learn with an example

➡️ Put these amounts of money in order from smallest to largest.

First, find the smallest amount. To compare the amounts, start by comparing the whole rupees. When two amounts have the same number of rupees, compare the paise. The smallest amount is ₹7.71. ₹7.71 comes first in the answer.

The amounts ₹8.25, ₹8.24, ₹9.27 and ₹8.37 are left. Find the smallest of these amounts. The smallest amount is ₹8.24. ₹8.24 comes next in the answer.

The amounts ₹8.25, ₹9.27 and ₹8.37 are left. Find the smallest of these amounts. The smallest amount is ₹8.25. ₹8.25 comes next in the answer.

The amounts ₹9.27 and ₹8.37 are left. Find the smaller amount. The smaller amount is ₹8.37. ₹8.37 comes next in the answer. ₹9.27 comes last in the answer.

The amounts in order from smallest to largest are:

➡️ Which words make this statement true?

₹4.32 ____ ₹4.33

  • is greater than
  • is less than
  • is equal to

First, compare the number of whole rupees in each amount. Look at the part of the number before the decimal point. Each amount has 4 whole rupees. Now compare the number of paise. Look at the part of the number after the decimal point. 32 is less than 33.

₹4.32 is less than ₹4.33.

➡️ Which words make this statement true?

₹1.67 ____ ₹9.36

  • is greater than
  • is less than
  • is equal to

First, compare the number of whole rupees in each amount. Look at the part of the number before the decimal point. 1 is less than 9.

₹1.67 is less than ₹9.36.

let’s practice!