Q2. Formative Test 4: Money Values and Word Problem

What is used to buy things that we need?

• Toys

• Money

• Clothes

What is the symbol for Philippine peso?

• ¢

• ₱

• $

What is the symbol for Philippine centavo?

• ¢

• ₱

• €

What do you call the paper form of money?

• Bills

• Coins

• Cards

What is the metal form of money?

• Paper

• Coins

• Credit

Which is read as “thirty-two pesos and fifty centavos”?

• ₱32.05

• ₱30.25

• ₱32.50

Liza has these coins and bills. How much does she have in all?

• P35.50

• P25.50

• P30.05

What is the correct way to write “twelve pesos and seventy centavos”?

• P12.70

• P12.07

• P17.20

Carlo has two P20 bills and three P5 coins. How much does he have in all?

• P35.00

• P45.00

• P55.00

Count the bills and coins. How do you write the amount in words?
P100 bill + P20 bill + P20 bill + 25¢ coin =

• One hundred forty pesos and twenty-five centavos

• One hundred four pesos and twenty-five centavos

• One thousand forty pesos and twenty-five centavos