“It costs around $50.”
Prepositions Entry 22 / 1011 60-second read
About vs. Around (approximation)
Both mean approximately, but 'around' can also mean surrounding.
The comparisoni
“It costs about $50.”
The ruleii
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About = APPROXIMATELY (about 5 people).
'About' is standard for approximation, 'around' can be ambiguous.
Memory aidiii
Remember it like this
About = APPROXIMATELY (about 5 people). Around = SURROUNDING or APPROXIMATELY.