Curriculum›4B›Chapter 13

Money, Decimals, and Fractions

Semester 4B · Chapter 13 · Lesson 7 · MATH-4B-C13-L07

Learning goal: Relate money notation to fractions/decimals and solve exact-cost problems.

Before you begin: prerequisite check

Recall: 3B money; 12.05–12.06. Attempt these questions independently first.

Question 1 · calculation

Calculate 5.06 − 1.65.

Show answer and reasoning
3.41

506 hundredths minus 165 hundredths = 341 hundredths = 3.41.

Question 2 · calculation

Calculate 7.42 − 1.71.

Show answer and reasoning
5.71

742 hundredths minus 171 hundredths = 571 hundredths = 5.71.

Question 3 · calculation

Calculate 6.15 − 2.61.

Show answer and reasoning
3.54

615 hundredths minus 261 hundredths = 354 hundredths = 3.54.

Key vocabulary

decimal point
separator between whole units and fractional place values
regroup
exchange equivalent place-value units
hundredth
one hundredth of a whole
exact amount
quantity without rounding

Understand the concept

One dollar consists of one hundred cents. A dollar-and-cent amount such as $3.45 is three dollars plus 45 hundredths of a dollar. Adding $2.75 and $1.60 is the same as adding 275 and 160 cents: 435 cents, or $4.35. Treat cents as exact hundredths rather than approximations, and label the answer with dollars or cents. Check that a computed change amount cannot exceed the money given when all prices are positive.

Common misunderstanding to avoid: Rounding money when exact cents required

Fully worked examples and immediate checks

Read each example, predict how to begin, then follow its numerical explanation. The check below it is a fresh problem.

Worked example 1

Question 1 · money

An item costs $1.44 and another costs $2.10. What is their exact combined price?

Answer: $3.54

Add cents exactly: 144+210=354 cents = $3.54.

Check 1: try it yourself

Question 1 · money

An item costs $6.96 and another costs $1.12. What is their exact combined price?

Show answer and reasoning
$8.08

Add cents exactly: 696+112=808 cents = $8.08.

Worked example 2

Question 2 · money

An item costs $5.69 and another costs $1.23. What is their exact combined price?

Answer: $6.92

Add cents exactly: 569+123=692 cents = $6.92.

Check 2: try it yourself

Question 2 · money

An item costs $4.16 and another costs $1.73. What is their exact combined price?

Show answer and reasoning
$5.89

Add cents exactly: 416+173=589 cents = $5.89.

Worked example 3

Question 3 · money

An item costs $5.93 and another costs $3.00. What is their exact combined price?

Answer: $8.93

Add cents exactly: 593+300=893 cents = $8.93.

Check 3: try it yourself

Question 3 · money

An item costs $3.39 and another costs $1.97. What is their exact combined price?

Show answer and reasoning
$5.36

Add cents exactly: 339+197=536 cents = $5.36.

Guided practice

Question 1 · money

An item costs $3.47 and another costs $2.16. What is their exact combined price?

Show answer and reasoning
$5.63

Add cents exactly: 347+216=563 cents = $5.63.

Question 2 · money

An item costs $5.12 and another costs $2.10. What is their exact combined price?

Show answer and reasoning
$7.22

Add cents exactly: 512+210=722 cents = $7.22.

Question 3 · money

An item costs $3.88 and another costs $3.21. What is their exact combined price?

Show answer and reasoning
$7.09

Add cents exactly: 388+321=709 cents = $7.09.

Question 4 · money

An item costs $5.54 and another costs $3.40. What is their exact combined price?

Show answer and reasoning
$8.94

Add cents exactly: 554+340=894 cents = $8.94.

Question 5 · money

An item costs $4.46 and another costs $3.39. What is their exact combined price?

Show answer and reasoning
$7.85

Add cents exactly: 446+339=785 cents = $7.85.

Independent practice

Question 1 · money

An item costs $3.94 and another costs $1.50. What is their exact combined price?

Show answer and reasoning
$5.44

Add cents exactly: 394+150=544 cents = $5.44.

Question 2 · money

An item costs $3.12 and another costs $1.15. What is their exact combined price?

Show answer and reasoning
$4.27

Add cents exactly: 312+115=427 cents = $4.27.

Question 3 · money

An item costs $1.33 and another costs $2.81. What is their exact combined price?

Show answer and reasoning
$4.14

Add cents exactly: 133+281=414 cents = $4.14.

Question 4 · money

An item costs $4.31 and another costs $2.26. What is their exact combined price?

Show answer and reasoning
$6.57

Add cents exactly: 431+226=657 cents = $6.57.

Question 5 · money

An item costs $2.29 and another costs $1.45. What is their exact combined price?

Show answer and reasoning
$3.74

Add cents exactly: 229+145=374 cents = $3.74.

Question 6 · money

An item costs $6.96 and another costs $1.19. What is their exact combined price?

Show answer and reasoning
$8.15

Add cents exactly: 696+119=815 cents = $8.15.

Question 7 · money

An item costs $2.08 and another costs $3.47. What is their exact combined price?

Show answer and reasoning
$5.55

Add cents exactly: 208+347=555 cents = $5.55.

Question 8 · money

An item costs $6.69 and another costs $1.95. What is their exact combined price?

Show answer and reasoning
$8.64

Add cents exactly: 669+195=864 cents = $8.64.

Challenge and transfer

Use a diagram or verbal justification where appropriate. The goal is transfer rather than speed.

Question 1 · reasoning

An item costs $6.47 and another costs $3.35. What is their exact combined price? Explain how place value or a model can check your result.

Show answer and reasoning
$9.82

Add cents exactly: 647+335=982 cents = $9.82. A correct explanation should name the relevant fractional place values and verify the answer.

Question 2 · error analysis

A learner claims: “A shop can round both prices before giving the exact total.” Identify what is wrong or incomplete and give a mathematically correct explanation.

Show answer and reasoning
False: an exact total must keep cents. For example, $1.49 + $1.49 = $2.98, not $2.00.

False: an exact total must keep cents. For example, $1.49 + $1.49 = $2.98, not $2.00. Explain the relevant quantities or properties, not merely the final answer.

Exit check

Question 1 · money

An item costs $1.33 and another costs $2.54. What is their exact combined price?

Show answer and reasoning
$3.87

Add cents exactly: 133+254=387 cents = $3.87.

Question 2 · money

An item costs $6.95 and another costs $2.08. What is their exact combined price?

Show answer and reasoning
$9.03

Add cents exactly: 695+208=903 cents = $9.03.

Question 3 · money

An item costs $2.20 and another costs $2.58. What is their exact combined price?

Show answer and reasoning
$4.78

Add cents exactly: 220+258=478 cents = $4.78.

Mastery check: Solve a new instance without hints, explain why the method works, and return later to confirm retention.