Two bits in U.S. currency equal how many cents?

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Multiple Choice

Two bits in U.S. currency equal how many cents?

Explanation:
Two bits is a historical way of dividing a dollar into eight equal parts. Each part, a bit, is one-eighth of a dollar, which is 12.5 cents. Two bits therefore equals 25 cents, or a quarter. That’s why 25 cents is the correct value. The other amounts correspond to different coins, but they don’t reflect the old “two bits” terminology.

Two bits is a historical way of dividing a dollar into eight equal parts. Each part, a bit, is one-eighth of a dollar, which is 12.5 cents. Two bits therefore equals 25 cents, or a quarter. That’s why 25 cents is the correct value. The other amounts correspond to different coins, but they don’t reflect the old “two bits” terminology.

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