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InvisibleAnnapurna1
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the $0.009 question...
    #8393889 - 05/12/08 07:03 PM

where does that assinine 9/10 of a penny appended to the price of a gallon of gas come from anyway?...


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Offlinekupa trooper
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Re: the $0.009 question... [Re: Annapurna1]
    #8393950 - 05/12/08 07:14 PM

I may be wrong but I think it was used years ago to compete against other gas stations,but doesnt mean shit now?

Like I said i am probably wrong but someone told me why once and that is about all I can remember


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OfflineXeluc
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Re: the $0.009 question... [Re: kupa trooper]
    #8395009 - 05/12/08 11:40 PM

I always figured it was so they could basically get you for one more cent than you'd think by quickly looking at the price.


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OfflinegeokillsA
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Re: the $0.009 question... [Re: Xeluc]
    #8397029 - 05/13/08 02:35 PM

Quote:

Xeluc said:
I always figured it was so they could basically get you for one more cent than you'd think by quickly looking at the price.



I think that's it, a pure marketing ploy to make the consumer think they're getting a slightly better deal than they actually are.


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InvisibleBaeosistine
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Re: the $0.009 question... [Re: geokills]
    #8400515 - 05/14/08 12:02 PM

How is it rounded?

I suspect retailers would have a hard time pricing other things in tenths.


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OfflineXeluc
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Re: the $0.009 question... [Re: Baeosistine]
    #8400830 - 05/14/08 01:16 PM

I don't believe anyone said it was rounded. It's just $0.009 cents more than the displayed price. So in all practicality, it is one more cent than the billboard says. There's no rounding involved. You even see a "9/10" at the end of the price sometimes. Same thing.


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OfflineDieCommie
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Re: the $0.009 question... [Re: Xeluc]
    #8412485 - 05/17/08 11:13 AM

Yes, but there is not thousandth of a dollar coin so it must be rounded to the nearest penny, which it is. As long as you buy six gallons, you win the rounding.


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InvisibleBaeosistine
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Re: the $0.009 question... [Re: DieCommie]
    #8415385 - 05/18/08 02:24 AM

Did anyone actually check it is not always rounded up?


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Invisiblenalyudi
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Re: the $0.009 question... [Re: Baeosistine]
    #8415539 - 05/18/08 05:33 AM

there is an article on that yahoo main page right now


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InvisibleAnnapurna1
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Re: the $0.009 question... [Re: nalyudi]
    #8415891 - 05/18/08 10:26 AM

where??...


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Invisiblenalyudi
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Re: the $0.009 question... [Re: Annapurna1]
    #8415904 - 05/18/08 10:30 AM

its under video


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InvisibleAnnapurna1
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Registered: 05/21/02
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Re: the $0.009 question... [Re: nalyudi]
    #8416024 - 05/18/08 11:29 AM

http://cosmos.bcst.yahoo.com/up/player/popup/?cl=7842427

EDIT ..further research reveals that state govts used to issue $0.001 sales tax tokens..which made it possible to pay the $0.009...back then you could go to the local bank or supermarket and buy a roll of 100 tokens for a dime.. and spend 9 of them when you filled up the lawnmower...


Edited by Annapurna1 (05/18/08 12:09 PM)


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