Understand Decimal Place Value Relationships Practice Test

A science beaker has $4.08$ liters of water. In $4.08$, the digit 0 is in the tenths place and the digit 8 is in the hundredths place (adjacent places). Remember: each place is 10 times the value of the place to its right and $\tfrac{1}{10}$ of the place to its left. Which statement about the digit 8 is correct?

A store sign shows a price of $15.50$. In $15.50$, the digit 5 is in the tenths place and the digit 0 is in the hundredths place (adjacent places). Remember: each place is 10 times the value of the place to its right and $\tfrac{1}{10}$ of the place to its left. If the digit 5 moved one place to the right, how would its value change?