## Definition Of Value

The numerical worth of an object is known as its value.

### Examples of Value

The coin shown is a dime and its value is 10 cents.

The value of the Mickey mouse shown in tag is 16 cents.

### Video Examples: Place Value

### Solved Example on Value

**Ques: **Tom needs $2.95 to buy a gift for his friend. Which combination of bills and coins shows the amount $2.95?

##### Choices:

A. Figure 3

B. Figure 4

C. Figure 1

D. Figure 2

Correct Answer: C

#### Solution:

Step 1: The value of the bills and coins in

Figure 1 is $2 + 50 cents + 25 cents + 10 cents + 10 cents = $2.95. [1 dollar = 100 cents, 1 quarter = 25 cents, 1 dime = 10 cents.]

Step 2: The value of the bills and coins in

Figure 2 is $3 + 50 cents + 25 cents + 25 cents + 10 cents = $4.10. [1 dollar = 100 cents, 1 quarter = 25 cents, 1 dime = 10 cents.]

Step 3: The value of the bills and coins in

Figure 3 is $2 + 50 cents + 25 cents + 10 cents + 1 cent = $2.86. [1 dollar = 100 cents, 1 quarter = 25 cents, 1 dime = 10 cents, 1 penny = 1 cent.]

Step 4: The value of the bills and coins in

Figure 4 is $2 + 50 cents + 25 cents + 1 cent + 1 cent = $2.77. [1 dollar = 100 cents, 1 quarter = 25 cents, 1 dime = 10 cents, 1 penny = 1 cent.]

Step 5: So, the combination of bills and coins in Figure 1 count up to $2.95.