Estimate Financial Calculations

$3.49 ≈ ___

$7.80 ≈ ___

$1.25 ≈ ___

$9.55 ≈ ___

3 items at $4.95 each Estimate: about ___ Exact: ___

$7.25 + $2.80 Estimate: about ___ Exact: ___

2 items at $3.50 each Estimate: about ___ Exact: ___

$4.50 + $3.50 + $2.00 Estimate: ___ Exact: ___

5 items at $1.95 each Estimate: ___ Exact: ___

You have $20. You want: shoes $8.95, socks $3.50, hat $6.95. Do you have enough? ___

You have $15. You want 4 books at $3.95 each. Do you have enough? ___

You have $10. You want: drink $2.50, sandwich $4.95, fruit $1.80. Do you have enough? ___

Mum has $50. She buys: shirt $18.95, pants $24.50, belt $8.95. Estimate: ___ Does she have enough? ___

You have $25. You buy 3 toys at $7.95 each. Estimate: ___ Enough? ___

Choose 3 items and their prices: Item 1: ___ costs $___ Item 2: ___ costs $___ Item 3: ___ costs $___ Estimated total: about $___ Exact total: $___

$5.95 + $3.10 ≈ ___ + ___ = ___

$8.80 + $7.25 ≈ ___ + ___ = ___

$12.45 + $4.55 ≈ ___ + ___ = ___

$9.99 + $6.01 ≈ ___ + ___ = ___

3 items at $4.95 each ≈ 3 × ___ = ___

4 items at $2.10 each ≈ 4 × ___ = ___

5 items at $1.85 each ≈ 5 × ___ = ___

2 items at $9.99 each ≈ 2 × ___ = ___

$4.95 + $5.10 = $10.05. Reasonable? ___

$3.00 × 3 = $12.00. Reasonable? ___

$15.00 − $7.50 = $5.50. Reasonable? ___

$9.95 + $9.95 = $20.90. Reasonable? ___

4 × $3.95 = $19.80. Reasonable? ___

$25.00 − $8.99 = $6.01. Reasonable? ___

3 × $7.00 = $21.00. Reasonable? ___

You have $25. Choose 3 items (up to $10 each). List them and estimate the total: Item 1: $___ Item 2: $___ Item 3: $___ Estimate: ___

Did you stay within budget? ___

A family buys 4 adult tickets at $12.95 each and 2 child tickets at $7.50 each. Estimate the total cost: ___

They pay with $80. Estimate the change: ___

Estimate the cost of a burger and chips: ___

Estimate the cost of all four items: ___

You pay with $25. Estimate the change: ___

Is $20 enough for 2 burgers and 2 drinks? ___

Why is it useful to estimate before paying? ___

Describe a time when estimating money would be helpful: ___

What could go wrong if you never estimated? ___

List 5 items and their prices for your shop: 1. ___ — $___ 2. ___ — $___ 3. ___ — $___ 4. ___ — $___ 5. ___ — $___

Estimate the total if someone buys all 5 items: ___

When do you round up a price? ___

When do you round down a price? ___

Round $6.48 to the nearest dollar and explain your choice: ___

Round $3.50 to the nearest dollar. Is it an exact half? What do you do? ___

$4.50 + $3.99 + $6.50 Estimate: ___ Exact: ___

$8.95 + $2.10 + $4.95 Estimate: ___ Exact: ___

Pack A: 6 biscuits for $3.00 vs Pack B: 4 biscuits for $2.00. Which is better value? ___ Why? ___

Juice: 1 L for $2.50 vs 500 mL for $1.50. Which is better value? ___ Why? ___

Item costs $10. GST ≈ ___

Item costs $20. GST ≈ ___

Item costs $50. GST ≈ ___

Three dollars and fifty cents = $___ = ___c

Seven dollars and twenty cents = $___ = ___c

Twelve dollars = $___ = ___c

$4.75 + $3.25 Estimate: ___ Exact: ___

$8.90 + $6.10 Estimate: ___ Exact: ___

$12.50 + $7.50 Estimate: ___ Exact: ___

Bread $3.50, Milk $2.80, Fruit $4.20 Estimate: ___ Exact: ___

Book $8.90, Pencil $1.20, Ruler $2.70 Estimate: ___ Exact: ___

You pay $10 for an item costing $6.30. Change = ___

You pay $20 for items costing $13.50. Change = ___

You pay $50 for items costing $38.75. Change = ___

Product A: 3 for $9. Product B: 5 for $12. Which is better value per item? ___

Juice: 1 L for $3.50 or 2 L for $6. Which is better value? ___

List 3 things you would buy (use realistic prices): 1. ___ $___ 2. ___ $___ 3. ___ $___

Total estimate: ___ Exact total: ___ Change from $50: ___

Estimate: ___

Budget: ___

Change (in money): ___

Best value: ___

Pick 3 food items. Estimate each price: 1. ___ ≈ $___ 2. ___ ≈ $___ 3. ___ ≈ $___

Total estimate: $___ Is it under $20? ___

Explain your rounding strategy:

1 kg bag of apples for $3.99 OR 500g for $2.40. Which is better value? Explain:

A book for $12.95 OR two for $19.90. Which is better value per book? Show working:

List 5 things you need and estimate each cost: 1.___ $__ 2.___ $__ 3.___ $__ 4.___ $__ 5.___ $__

Total estimate: $___ Under $25? ___

What would you cut if you went over budget?

Cereal A: 750g for $4.80. Cereal B: 500g for $3.50. Which is cheaper per gram? Show working:

Phone plan A: $30/month. Plan B: $80 for 3 months. Which is cheaper per month? ___

Item 1: ___ $___ Item 2: ___ $___ Item 3: ___ $___ Item 4: ___ $___ Item 5: ___ $___

Total: $___ Change from $50: $___

Which item gave the best value? Why?