What Do We Mean by Money and Price?

Money is a type of currency that is used to buy goods and services. Price is the amount of money that is needed to buy goods or services.

How to Ask About Money and Prices

To ask about money, questions like: 'how much is this/that' or 'how much are these/those…?' can be used. These questions can be answered using 'it’s/they’re….'. For example:

Example

How much is the book? It’s 10 dollars.

How much are these pens? They’re 50 dollars.

How to Read Prices

Different structures can be used to read the price of an item. These are the most common ways:

Example

$4.60 → four-sixty

You can just say the numbers.

$4.60 → four dollars sixty

You can say the number + dollars and the number after the decimal point.

$4.60 → four dollars and sixty cents

You can say the number + dollars + 'and' + decimal number + cents.

Tip!

When a price is an exact number, it can be read as the number + dollars/pounds/euros/etc..

Example

$200 → two hundred dollars

$80 → eighty dollars

Tip!

The dollar sign ($) goes before the number and there is no space between the dollar sign and the number.

Quiz:


1.

Which option is the correct way to ask about the price of an item?

A

How many is this?

B

How much is this?

C

How much is this?

D

How much is this?

2.

How should you read the price "$3.75"?

A

Three seventy-five.

B

Three dollars seventy-five.

C

Three dollars and seventy-five cents.

D

All of the above.

3.

Match each item or description with the correct corresponding part:

Asking about the price of a single item
One way of reading $8.50
Asking about the price of multiple items
Correct placement of the dollar sign
How much is this?
How much are these?
Before the number, no space
Eight dollars and fifty cents
4.

Fill in the blanks with the correct words used when asking about and reading prices.

A: "How

is this?" B: "It's five

and thirty cents.

The shoes cost 40 dollars and 25

.

The price of the jacket is four

ninety-nine.

much
dollars
cents
many
5.

Fill the table with the correct expression of prices.

WrittenNumber

$15

Nine-seventy

Three

and twenty

$3.20

Twenty dollars ninety-nine

One hundred dollars

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GUEVARA CAMBEROS EUGENIA
Apr 2025
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