Money & Prices for intermediate learners

Talking about money and prices is an important part of every day language. Here we can learn how to talk about money and prices.

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Talking about Money and Prices in English

What Do We Mean by Money and Prices?

Money is a type of currency that is used to buy goods and services. It can come in the form of coins or paper bills, as well as digital currencies like credit cards or online payment platforms. Prices, on the other hand, refer to the amount of money that is required to purchase a good or service.

How to Ask About Prices

We can ask about prices in different ways. Here are some of the common expressions used to ask about prices?

  • How much is this/that (are these/those)?
  • How much does this/that (these/those) cost?

How to Tell the Price

To answer questions about prices, we use the dummy 'it'. When you are answering a question about the price of something, you can start with 'it is'. For example:

How much is the shirt? It’s 20 dollars.

How to Read Prices

We can use different structures to read the prices. These are the most common ways:

It’s 3.50 → three fifty

We just say the numbers.

3.50 → three dollars and fifty cents

We say the number + dollars + 'and' + number + cents.

3.50 → three dollars and fifty

We say the number + dollars and the number after the decimal point.

Tip!

If the price is an exact number of pounds, euros, or dollars, we should say it completely. For example:

$200.00 → two hundred dollars

a Hundred, a Thousand, etc.

When the price has 'one' at the beginning, we can use 'a' instead of 'one'. For example:

$100 → a hundred dollars

$1000 → a thousand dollars

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