Budgeting and Cost Estimation Problems

Budgeting and Cost Estimation Problems

Assessment

Interactive Video

Mathematics

6th - 7th Grade

Hard

Created by

Thomas White

FREE Resource

The video tutorial covers the use of decimals in real-life shopping scenarios, focusing on estimating costs and managing budgets. It includes activities like planning a shopping trip and organizing a dinner party within a budget. The tutorial emphasizes the importance of estimation and precise calculation with decimals, providing practice problems to reinforce learning.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of using decimals in a shopping context?

To understand tax calculations

To learn about different currencies

To estimate costs and make purchasing decisions

To calculate exact change

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Clara buys two pretzels, two drinks, and two bags of popcorn, will she exceed her $10 budget?

It is impossible to determine

No, she will be under budget

Yes, she will exceed the budget

She will exactly meet the budget

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much can Clara spend per person if she has a $50 budget for a dinner party with 8 guests?

$5.00

$6.25

$7.50

$8.00

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated cost per person for the dinner party if the total estimated cost is $26?

$3.25

$4.00

$5.00

$6.25

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

After spending $4.35 at the snack bar and $5.25 at the arcade, how much money does May have left from $14.50?

$5.90

$6.00

$5.00

$4.90

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many large cheese pizzas can Diego buy with $40 if each pizza costs $7.50?

7

6

5

4

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the exact cost of 3 pounds of chicken if it costs $3.20 per pound?

$9.60

$10.00

$8.60

$9.20

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