Here’s what we found out: The government of India spends Rs 4.18 on each Rs 2,000 note. The cost of printing of each Rs 500 note is Rs 2.57 and for Rs 100 note it is Rs 1.51. While for each Rs 10 note the cost incurred by the government is Rs 1.01.

What is behind 10 rupees note?

Design. The Reserve Bank of India issued ₹10 denomination banknotes in the Mahatma Gandhi (New) Series with motif of Sun Temple, Konark on the reverse, depicting the country’s cultural heritage. The base colour of the note is Chocolate brown. Dimension of the banknote will be 123 mm × 63 mm.

How many notes are in 10 RS bundle?

D-35 10 Rs Full Bundle That Consists of 100 Notes Signed by I.G. Patel A Inset Peacock on Reverse Note number: 029401 to 029500 (Both notes inclusive) With —420 numbered note Stains on first note, last note, and from sides.

What is the colour of 100?

RBI to issue new Rs 100 notes in #lavender colour; the new denomination will have the motif of ‘Rani ki vav’ – a stepwell located on the banks of Saraswati river in Gujarat’s Patan. The note features a Mahatma Gandhi portrait and electrotype (100) watermarks.

Which mountain is on 100 rs note?

Mount Kanchendzonga
The sketch of the mountains on 100 Rupee note is of the majestic Mount Kanchendzonga as seen from Richenpong in west Sikkim. The sketch of the mountains on 100 Rupee note is of the majestic Mount Kanchendzonga as seen from Richenpong in west Sikkim.

How do I sell my old 10 rs note?

All you need to do is log on to the Coinbazzar website as it allows people having unique and old notes to sell it online and earn quick money. However, the Rs 10 note should have an Ashoka pillar printed on one side and a boat on the other side.

Who issues the ten rupees note in India?

Reserve Bank
Reserve Bank, like other central banks the world over, changes the design of banknotes from time to time. The Reserve Bank has introduced banknotes in the Mahatma Gandhi Series since 1996 and has so far issued notes in the denominations of Rs. 5, Rs. 10, Rs.

Which is the old type of 100 rupee note?

The old type of 100 Indian rupee banknote has no date on the back. The year of issue is printed on more recent 100 Indian rupee notes. Notes without the year of…

How to calculate the value of 50 rupees?

Since replacing a 5 Rupee note with a 10 Rupee note saves us exactly 5 notes, then we can get 25 notes totalling 50 Rupees with the combination of 20 + 4*5 + 1*10. Since we started with the second highest factor, we only need to double the amount. 40 notes worth 1 Rupee, 8 notes worth 5 Rupees, and 2 notes worth 10 Rupees.

Is the rupee 1000 still in circulation in India?

At Leftover Currency we continue to exchange Indian rupee 500 and 1000 banknotes, at a rate that covers their collectable value. In addition to the 500 and 1000 rupees, the Mumbai-based Reserve Bank of India has decided to withdraw all pre-2005 Indian Rupee notes.

Is the 500 rupee note no longer legal in India?

Printed on the paper banknote is the text ‘Reserve Bank of Ind… The 500 Indian rupee banknote without date on the back has been replaced by a more recent 500 Indian rupees note with date. These banknotes are no longer legal This old style 500 rupees banknote has the portrait of Indian independence leader Mahatma Gandhi.