/> Definition of 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.

Solved Example on Value

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.

Related Terms for Value

• Cents
• Dollar
• Number
• Quantity

Additional Links for Value

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