Total Price Follow-Up Question: Mr. Hernandez went to pay for his merchandise. He carefully had rounded all the prices of the furniture, but when he got to the counter to pay, he had underestimated the cost of the bill. He was short money! How could this be? Explain your thinking and give examples from above. The Shopping Excursion Answer Key How will you Family Budget for Items to be Purchased round each of Member All Items the prices? 3 bedroom sets, 1 living room set, 1 kitchen Round to the Mr. Hernandez table with chairs, 1 dining room table with $20,000 nearest hundred chairs, & 1 patio set 3 bedroom rugs, 1 rug for the living room, 1 Round to the Mrs. Hernandez rug for the dining room, & an $15,000 nearest ten indoor/outdoor rug for the patio 3 bedroom decoration bundles, one living Round to the Maria room decoration bundle, & a dining room $10,000 nearest hundred decoration bundle 1 living room entertainment system, one Round to the Jose home security system, & one computer $25,00 nearest ten package Mr. Hernandez Price After Item Option Choice Actual Price Rounding B $4,943 $4,900 1st Bedroom Set 2nd Bedroom Set C $2,409 $2,400 3rd Bedroom Set E $3,444 $3,400 Living Room Set F $3,842 $3,800 Kitchen Table Set A $999 $1,000 Dining Room Set G $1,729 $1,700 Patio Set A $929 $900 Total Price $18,295 $18,100
Total Price Follow-Up Question: Mr. Hernandez went to pay for his merchandise. He carefully had rounded all the prices of the furniture, but when he got to the counter to pay, he had underestimated the cost of the bill. He was short money! How could this be? Explain your thinking and give examples from above. The Shopping Excursion Answer Key Family Member Items to be Purchased Budget for All Items How will you round each of the prices? Mr. Hernandez 3 bedroom sets, 1 living room set, 1 kitchen table with chairs, 1 dining room table with chairs, & 1 patio set $20,000 Round to the nearest hundred Mrs. Hernandez 3 bedroom rugs, 1 rug for the living room, 1 rug for the dining room, & an indoor/outdoor rug for the patio $15,000 Round to the nearest ten Maria 3 bedroom decoration bundles, one living room decoration bundle, & a dining room decoration bundle $10,000 Round to the nearest hundred Jose 1 living room entertainment system, one home security system, & one computer package $25,00 Round to the nearest ten Mr. Hernandez Item Option Choice Actual Price Price After Rounding 1st Bedroom Set B $4,943 $4,900 2nd Bedroom Set C $2,409 $2,400 3rd Bedroom Set E $3,444 $3,400 Living Room Set F $3,842 $3,800 Kitchen Table Set A $999 $1,000 Dining Room Set G $1,729 $1,700 Patio Set A $929 $900 Total Price $18,295 $18,100