Examples: Writing Amounts in Words for Exams
Can Money Only Be Expressed in Numerical Values?
Money is a good that is widely accepted as a means of economic exchange. It serves as the medium for expressing values and prices. It is the primary indicator of wealth because it moves from person to person and country to country, facilitating trade. We utilize a very small point known as a decimal point for amounts that contain both rupees and paise. Before this point is written the numeral for rupees, whereas after this is put the numeral for paisa. Before the number of numbers, we write Rs.
How to Convert Rupees and Paise in Words
1. Re is the abbreviation for a rupee, and Re is used for one rupee.
2. The abbreviation for rupees is Rs., as in five rupees.
3. We write P for paisa. It appears after the Paisa number.
4. Assume we need to write a monetary amount in both rupees and paise.
Therefore, we use a little point known as a decimal point to denote a sum that includes both rupees and paise. Before this point, the numeral denoting rupees is written, and after the point, the numeral denoting paisa. Before the number of digits, we write Rs.
For instance, writing Rs 3.75 in words will be written as 3 Rupees and 75 Paise.
Number to Word Converter (Number to Word Conversion)
The symbol "₹" is always used to represent rupees. P is always used to signify paise. As we know the value of \[1Rs = 100Paise\]. Let’s understand Number to Words converter Indian Rupees by an illustration.
When writing rupee and paise together in figures, a space is used to separate them (.). Paisa is always expressed as a two-digit number.
Moni has a 50-paisa coin and one 20-rupee note. Write down the amount in words and figures, her teacher instructed her.
Shelly will enter the value as 20.50 in the figure.
Twenty rupees and fifty paise are how the amount is expressed in words.
Paise to Rupees Converter
As we know,
\[1Rs = 100Paise\]
Therefore 15 Rupees have,
\[\begin{array}{l}1Rs = 100Paise\\15Rs = 1500Paise\end{array}\]
For converting Paise to Rupees. Let’s see it with an example:
Suppose, Henry has 54.23 Paise. He wanted to know how much he had in Rupees. Let’s help him out in converting p to Rs.
\[\begin{array}{l}1Rs = 100Paise\\\dfrac{1}{{100}}Rs = 1Paise\\\end{array}\]
So,
\[\begin{array}{l}5423Paise = \dfrac{{5423}}{{100}}Rs\\5423Paise = 54.23Rs\end{array}\]
Trick: For converting paise to rupees just shift 2 decimal places to the left-hand side.
Conclusion
As a medium of economic exchange, money is a good that is widely accepted. For a sum that comprises both rupees and paisas, we use a tiny point called a decimal point. The number on the left side of the decimal denotes rupees, whereas the number for paisa is written on the right side of the decimal.
Solved Examples
Example 1: Write in words:-
(i) 63.32Rs
(ii) 30.09 Rs
Solution:
( i ) Sixty-three rupees and thirty-two Paise
( ii ) Thirty Rupees and Nine Paise.
Example 2: Write the following in figures:
(i) Sixty-three rupees and twenty paise
(ii) Forty-five rupees and sixty paise
(iii) Thirty-nine rupees and thirty paise
Answer:
(i) Rs 63.20
(ii) Rs 45.60
(iii) Rs 39.30
FAQs on How to Write Rupees and Paise in Words Easily
1. How do you write rupees and paise in words?
To write rupees and paise in words, first write the rupees value in words, followed by "rupees and" then the paise value in words, ending with "paise only." For example, for ₹152.75, you would write:
- One hundred fifty-two rupees and seventy-five paise only.
2. What is 400023.60 in words?
The number 400023.60, when written in words as an amount of money, is:
- Four lakh twenty-three rupees and sixty paise only.
- 400023 = Four lakh twenty-three
- 0.60 = sixty paise
3. How do you write 36 paise in words?
To write 36 paise in words, simply state:
- Thirty-six paise only.
4. How do you write 12 rupees and 50 paise as rupees?
To express 12 rupees and 50 paise as rupees in number format, convert the paise to rupees by dividing by 100:
- $12.50$ rupees (since 50 paise = 0.50 rupees)
5. How do you convert amounts from numbers to words in the Indian numbering system?
To convert numbers to words in the Indian numbering system, group the digits appropriately into crores, lakhs, thousands, hundreds, and units, then write them in words. For example:
- 58,42,139 = Fifty-eight lakh forty-two thousand one hundred thirty-nine
6. What are the rules for writing amounts in words on a cheque?
When writing amounts in words on a cheque:
- Start as far left as possible to prevent alterations
- Write the amount in words, followed by 'only' (e.g., Fifty thousand rupees only)
- For paise, use 'and' before stating the paise (e.g., One thousand rupees and fifty paise only)
7. How do you write amounts with zero paise in words?
If an amount has zero paise, write:
- [Amount in words] rupees only
8. Why is it important to learn writing rupees and paise in words?
Learning to write rupees and paise in words is essential for:
- Filling financial documents accurately
- Preventing fraud or misunderstandings
- Developing numeracy and language skills
9. How do you express small decimal values (e.g., ₹0.25) in words?
To express a small decimal value like ₹0.25 in words, state:
- Zero rupees and twenty-five paise only
