NCERT Class 1 Mathematics Joyful-Mathematics (English): Chapter 12 — How Much Can We Spend? (Money)
This chapter, 'We Spend ?' from NCERT Class 1 Mathematics Joyful-Mathematics, introduces young learners to the concept of spending money. It uses coins and notes of various denominations like ₹1, ₹2, ₹5, ₹10, ₹20, ₹50, and ₹100 to explain basic transactions. Activities involve calculating the number of coins or notes needed for a purchase, identifying toys that can be bought within a specific budget (₹10 and ₹20), and solving simple problems related to finding the remaining amount needed or the total money available. The chapter aims to build foundational understanding of money management and simple arithmetic operations in a fun and engaging way, crucial for CBSE curriculum.
Quick info
| Board | CBSE / NCERT |
|---|---|
| Class | Class 1 |
| Subject | Mathematics |
| Book | Joyful-Mathematics (English) |
| Chapter | Chapter 12 — How Much Can We Spend? (Money) |
| Language | English |
| PDF type | NCERT Textbook |
| Session | CBSE 2026 |
| Reading time | 1 minute |
| Word count | 113 |
Learning outcomes
- Identify different denominations of Indian currency (coins and notes).
- Understand the concept of spending money to buy items.
- Calculate the number of coins or notes required for a purchase.
- Determine toys that can be bought within a given budget.
- Solve simple word problems involving addition and subtraction of money.
Vocabulary
| Word | Meaning |
|---|---|
| Coins | Small, flat, round pieces of metal used as money. |
| Notes | Pieces of paper used as money, also called currency notes or banknotes. |
| Denominations | The value of a currency note or coin (e.g., ₹1, ₹10, ₹50). |
| Costs | The price of something. |
| Toys | Objects for children to play with. |
| Money | A medium of exchange in the form of coins and banknotes. |
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Practice questions
- If one ball costs ₹20, how many ₹5 coins are needed to buy it? Answer: 4 coins
- Sahil gives one ₹10 note for a ball that costs ₹20. How much more money is needed? Answer: ₹10 more
- Riya has ₹10. If a car costs ₹14, how much more money does she need? Answer: ₹4 more
- Name two toys you can buy for ₹10. Answer: Examples: A small car, a ball, a spinning top.
Frequently asked questions
What is the chapter 'We Spend ?' about?
The chapter 'We Spend ?' from NCERT Class 1 Mathematics teaches children about different coins and notes, how to use them to buy things, and simple calculations related to money.
What denominations of money are shown in this chapter?
The chapter shows coins of ₹1, ₹2, ₹5, ₹10 and notes of ₹10, ₹20, ₹50, and ₹100.
How can children learn to spend money from this chapter?
Children can learn by solving activities that involve calculating the number of coins/notes for a purchase and identifying items they can buy within a budget.
What kind of math skills are practiced in this chapter?
This chapter practices basic counting, addition, and subtraction skills applied to money values.
Is this chapter relevant for CBSE Class 1 students?
Yes, this chapter is part of the NCERT Mathematics curriculum for CBSE Class 1, focusing on foundational money concepts.
Related resources
Important topics
Topics covered
NCERT Class 1 Mathematics — Joyful-Mathematics (English) — Chapter 12 — How Much Can We Spend? (Money). Verified by NCERT Help Editorial Team. Reviewed on 29 Jul 2026. Last updated 10 Aug 2026.