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Price List and Costs
These flashcards review everything you need to know about calculating costs for the IXL lesson and the Sunny Valley Project math component.
11
Mathematics
5th Grade
05/05/2014

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Cards

Term
Cost
Definition
an amount of money that has to be paid in order to acquire something. example: a trash barrel costs $20.
Term
Unit
Definition
how much of an item you get for each cost. example: 3 donuts for $2.
Term
Quantity
Definition
how much of an item you buy. total cost must be adjusted depending on quantity. example: trash barrels are $20. if you get 3 trash barrels, you must multiply cost by 3. $20x3=$60.
Term
Total Cost
Definition
the amount you must pay after considering the cost per unit and quantity. example: if a street lamp is $250 each (cost per unit) and you buy 4 street lamps (quantity) you must pay $1000 (total cost).
Term
Place Value
Definition
the value of a digit according to its position in the number. example: in the number 125, the 1 is in the hundreds place, the 2 is in the tens place, and the 5 is in the ones place.
Term
Tenths place
Definition
the first number to the right of the decimal point. example: in the number 10.25, the 2 to the right of the decimal point is in the tenths place.
Term
Hundredths place
Definition
the second number to the right of the decimal point. example: in the number 250.75, the 5 is the second number to the right of the decimal point so it is in the hundredths place.
Term
Budget
Definition
the amount of money you have to spend on a project
Term
Materials
Definition
items, pieces, and components that make up your park.
Term
Expenses
Definition
what you spent in designing the Sunny Valley Park.
Term
How do you solve $156.25 + 37.50?
Definition
156.25
+37.50
-------------- 
$193.75
1) line up the decimals
2) place decimal in answer before solving
3) solve as you normally would an addition problem
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