Grade 1 → Measurement → Money ↓
Introduction to Dollar and Cents Symbols
Money is an important part of our daily lives. We use money to buy things such as toys, food, and clothes. In the United States, the basic units of money are dollars and cents. In this lesson, we will learn about the dollar symbol ($) and the cent symbol (¢). We will also learn how to use them in counting and understanding money.
Understanding dollars and cents
The dollar is the basic unit of currency in the United States. The dollar is represented by $
sign. For example, if you want to buy a candy bar that costs one dollar, you write it as $1
.
A cent is a small unit of currency. There are 100 cents in a dollar. Cents are represented by the ¢
sign. For example, if you have 50 cents, you write it as 50¢
.
Dollar symbol: $
The dollar sign is written before the number. For example, to show that something costs three dollars, you write $3
. Here are some examples:
$1
means 1 dollar.$5
means 5 dollars.$10
means 10 dollars.
Visual example of a dollar amount
Cents symbol: ¢
The cents sign is written after the number. For example, if something costs thirty cents, you write 30¢
. Here are some examples:
10¢
means 10 cents.25¢
means 25 cents.50¢
means 50 cents.
Visual example of cent amounts
Combination of dollars and cents
Sometimes, we see prices that use both dollars and cents. In this case, we write the dollar amount first, followed by the decimal point and then the amount in cents. For example, one dollar and fifty cents is written as $1.50
.
Here are some examples of combinations of dollars and cents:
$0.99
means 99 cents.$2.50
means 2 dollars and 50 cents.$10.75
means 10 dollars and 75 cents.
Visual example of combined amounts
Counting money using dollars and cents
Counting money is an important skill. To count, you can group dollars and cents together. Let's look at an example:
Imagine you have the following coins:
- 2 quarters
- 3 dimes
- 4 paise
Let us count them:
- 1 quarter = 25¢, so 2 quarters =
2 x 25¢ = 50¢
. - 1 dime = 10¢, so 3 dimes =
3 x 10¢ = 30¢
. - 1 paisa = 1¢, so 4 paise =
4 x 1¢ = 4¢
.
In total, you have 50¢ + 30¢ + 4¢ = 84¢
, which is $0.84
.
Practicing with dollars and cents
Practice makes perfect! Let's practice writing amounts in dollars and cents. Try writing these amounts yourself:
- Seventy-five cents: Write it as
75¢
- Four dollars and twenty-five cents: Write it as
$4.25
- Ten Dollars: Write it as
$10.00
Understanding the value of money
It is important to know how much each coin and bill is worth. This helps us understand prices and how to make purchases. Here is a simple table:
| Coin | Value | |-----------|------------| | Penny | 1¢ | | Nickel | 5¢ | | Dime | 10¢ | | Quarter | 25¢ |
| Coin | Value | |-----------|------------| | Penny | 1¢ | | Nickel | 5¢ | | Dime | 10¢ | | Quarter | 25¢ |
A five dollar note is written as $5
, while a ten dollar note is written as $10
.
Practice problems
Use what you've learned about dollars and cents to answer these practice problems:
- If you have 3 quarters, 2 dimes, and 5 pennies, how much do you have total?
- Mary purchased a toy for $2.49 How would you write this amount using the dollar sign and the decimal point?
- John has 2 five dollar bills and 3 one dollar bills. How many dollars does John have?
Conclusion
Learning about dollars and cents is a great introduction to understanding money. Practice using the dollar ($) and cent (¢) symbols to write amounts. This will help you count money and understand prices better. This is useful to know every day, whether you're saving money, shopping, or learning more about the world around you.
Further education
To learn more, keep practicing writing amounts with dollars and cents. You can also play with fake money or use real coins and bills under adult supervision. There are many fun games and activities that can be done to help your child understand money better.
Feel free to learn more and keep practicing regularly, and soon you'll become confident in using dollars and cents!