What is Less Expensive?

S1-SA4-0371

Grade Level:

Class 2

All STEM domains, Finance, Economics, Data Science, AI, Physics, Chemistry

Definition

What is it?

Less expensive means something costs a smaller amount of money compared to something else. When you compare prices, the item with the lower price is the less expensive one. It helps us save money.

Simple Example

Quick Example

Imagine you want to buy a packet of biscuits. One shop sells it for ₹10, and another shop sells the same packet for ₹8. The packet of biscuits costing ₹8 is less expensive.

Worked Example

Step-by-Step

Rohan wants to buy a new cricket bat. He finds three bats:
Bat A costs ₹500.
Bat B costs ₹450.
Bat C costs ₹520.
Which bat is less expensive?
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Step 1: Write down the prices of all items: Bat A = ₹500, Bat B = ₹450, Bat C = ₹520.
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Step 2: Compare the prices to find the smallest number. Start by comparing Bat A (₹500) and Bat B (₹450). ₹450 is smaller than ₹500.
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Step 3: Now compare the smallest price found so far (₹450 for Bat B) with the price of Bat C (₹520). ₹450 is smaller than ₹520.
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Step 4: Since ₹450 is the smallest price among all three, Bat B is the less expensive option.
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Answer: Bat B is less expensive.

Why It Matters

Understanding 'less expensive' is crucial for managing money and making smart choices. It's used in everyday shopping, budgeting, and even in big businesses to find cost-effective solutions. This skill is vital for careers in finance, economics, and even for data analysts who compare prices across different products.

Common Mistakes

MISTAKE: Choosing the item with the biggest number because it 'feels' more valuable. | CORRECTION: Always look for the smallest number when finding what is less expensive. Smaller number means less money.

MISTAKE: Comparing only two items when there are more options available. | CORRECTION: Make sure to compare the prices of ALL available items to find the truly least expensive one.

MISTAKE: Forgetting to check if the items are exactly the same (e.g., same quantity, quality). | CORRECTION: Always compare 'apples to apples'. Ensure you are comparing similar items to make a fair decision about which is less expensive.

Practice Questions

Try It Yourself

QUESTION: A small pack of chips costs ₹20. A large pack costs ₹35. Which pack is less expensive? | ANSWER: The small pack of chips (₹20).

QUESTION: Your mom wants to buy vegetables. Onions are ₹40/kg, potatoes are ₹30/kg, and tomatoes are ₹55/kg. Which vegetable is less expensive per kilogram? | ANSWER: Potatoes (₹30/kg).

QUESTION: A mobile phone cover costs ₹150 online, but the same cover costs ₹180 at a local shop. If delivery charges for online are ₹25, which option is less expensive overall? | ANSWER: Online: ₹150 + ₹25 = ₹175. Local shop: ₹180. The online option is less expensive.

MCQ

Quick Quiz

You are buying a pen. Shop A sells it for ₹12. Shop B sells it for ₹10. Shop C sells it for ₹15. Which shop offers the pen for less expensive?

Shop A

Shop B

Shop C

All are the same price

The Correct Answer Is:

Shop B sells the pen for ₹10, which is the smallest number among ₹12, ₹10, and ₹15. Therefore, Shop B offers the less expensive option.

Real World Connection

In the Real World

Every time you or your family buys groceries, clothes, or even mobile data plans, you are looking for what is less expensive. Apps like Flipkart and Amazon show you prices from different sellers, helping you find the best deal. Even government projects compare costs to choose the less expensive and most efficient solutions.

Key Vocabulary

Key Terms

PRICE: The amount of money needed to buy something. | COMPARE: To look at two or more things to see how they are similar or different. | SAVE: To keep money instead of spending it. | COST: The price of something. | DEAL: An agreement or offer, often implying a good price.

What's Next

What to Learn Next

Now that you understand 'less expensive,' you can explore 'more expensive' and how to calculate 'discounts' or 'savings'. These concepts will help you become even smarter with money and shopping decisions!