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?
How to Read Prices
We can use different structures to read the prices. These are the most common ways:
It’s 3.50 →
We just say the numbers.
3.50 →
We say the number + dollars + 'and' + number + cents.
3.50 →
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 →
$1000 →
