Vocabulary Test About PRICE AND VALUE Choose The Right Answer MCQ Exercise 155

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Congratulations - you have completed Vocabulary Test About PRICE AND VALUE Choose The Right Answer MCQ Exercise 155. You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%

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Question 1

They were paying for their television set by _____.

A	credits
B	deposits
C	facilities
D	instalments

Question 1 Explanation:

To pay by instalments means paying for something in several parts over a period of time instead of all at once: We paid for the car in monthly instalments. Not deposits: a deposit is only the first part you pay to reserve something.

Question 2

It's no good asking me to calculate the cost. I'm hopeless at _____.

A	characters
B	figures
C	prizes
D	shapes

Question 2 Explanation:

Figures are numbers, so to be hopeless at figures means to be very bad at working with numbers and doing sums. That is why the speaker cannot calculate the cost.

Question 3

There is a sale next week with _____ in all departments.

A	basements
B	decreases
C	reductions
D	redundancies

Question 3 Explanation:

Reductions are lower prices, and they are typical of a sale: There are big reductions on winter coats. Not decreases: it is a general word for something becoming smaller and is not used for price cuts in shops.

Question 4

The price of fresh fruit _____ according to the season.

A	alternates
B	fluctuates
C	oscillates
D	waves

Question 4 Explanation:

Fluctuate means to go up and down often, and it is the usual verb for prices, rates and temperatures: Prices fluctuate according to demand. Not oscillates: it describes physical movement, such as a pendulum swinging, and is not used for prices.

Question 5

Mr Rich managed to get the ancient sculpture by putting in a high _____ at the auction.

A	bet
B	bid
C	stack
D	tender

Question 5 Explanation:

At an auction, a bid is the price you offer to pay. We say put in a bid or make a bid. Not tender: a tender is a formal written offer to do a job or supply goods, not an offer made at an auction.

Question 6

Buyers and sellers were _____ over prices.

A	hacking
B	haggling
C	heckling
D	hugging

Question 6 Explanation:

To haggle means to argue about the price of something until the buyer and the seller agree: She haggled over the price of the carpet. Not heckling: to heckle means to shout rude remarks at a speaker.

Question 7

Most prices were _____ in the final days of the clearance sale.

A	declined
B	diminished
C	slashed
D	taken down

Question 7 Explanation:

Slash prices means to cut them greatly and suddenly, which is typical at the end of a clearance sale. Not taken down: the correct phrase for lowering a price is marked down. Declined cannot be used in the passive with prices.

Question 8

The trader asked a high price, but I managed to beat him _____.

A	back
B	down
C	off
D	up

Question 8 Explanation:

To beat someone down means to persuade a seller to accept a lower price: I beat him down to £20. The clue is that the trader first asked a high price.

Question 9

To order the goods, send your name, address and _____ to the following PO box.

A	cost
B	postal order
C	receipt
D	settlement

Question 9 Explanation:

A postal order is a document you buy at a post office and send by post as a way of paying for something. A buyer sends it together with an order. Not receipt: you receive a receipt after you pay, so you do not send one when you order.

Question 10

As a result of increased trading, the company made a _____ of nearly half a million dollars.

A	bonus
B	gain
C	profit
D	revenue

Question 10 Explanation:

A company makes a profit when it earns more money than it spends. Make a profit is a fixed collocation. Not revenue: revenue is all the money a company receives before costs are taken away, and we don't say make a revenue.

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