2011 AMC 8 Problems/Problem 1

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Margie bought $3$ apples at a cost of $50$ cents per apple. She paid with a 5-dollar bill. How much change did Margie recieve?

$\text{(A)}\ \textdollar 1.50 \qquad \text{(B)}\ \textdollar 2.00 \qquad \text{(C)}\ \textdollar 2.50 \qquad \text{(D)}\ \textdollar 3.00 \qquad \text{(E)}\ \textdollar 3.50$