How much is it? Money, Money, Money

You can say: How much is it? or How much does it cost? to ask the price.

A) How much is it?

•  It's one pound. 
•  It's two pounds.
• It's a/one hundred pounds.
• It's two hundred and fifty pounds.
• It's four thousand nine hundred and eighty-five pounds.

a) How much is the fruit juice?

b) It's 1.34 pounds

How can you say this?

• It's one pound, thirty four pence.
• It's one pound, thirty four. 
• It's one, thirty four. (more used) 

People use the terms "pound" or "pence" very rarely.

Note that people write the pound symbol

and separate the pounds and the pence with a full stop (.)

But

a) How much is the Dairylea cheese?
b) I't 57 p.

How can you say this?

• It's fifty seven pee ( much more used) 
• It's fifty seven pence

Penny is used in singular and pence is plural.

Example dialogue:

a) How much is the Leerdamer cheese?
b) It' s  one pound, twelve.

a) How much is the Large Sausage Roll?
b) It is eighty-two pee.

Now try to do the following exercises:
http://www.englishexercises.org/makeagame/viewgame.asp?id=7605

And spice it with some music:

Money makes the world go round....by Liza Minnelli and Joel Grey

Or Money. money, money it's a rich man's world..... by ABBA

Have a nice time!