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All transactions are rounded. It's just that paying by card is rounded to the nearest cent instead of the nearest 5 cents.
by causality0 6y ago
All transactions are rounded. It's just that paying by card is rounded to the nearest cent instead of the nearest 5 cents.
- Aunche 6y agoA fun example of this is gas prices. It’s actually $1.999 a gallon instead of $1.99 a gallon.
- californical 6y agoWeird that people disagree with you -- try taking a 7% tax of $1.25. your total will be $1.3375 -> $1.34
- lovegoblin 6y agoIs it disagreement or just eye-rolling?
- mgbmtl 6y agoFun in Quebec: a 14.975% tax rate¹. The tax can be rounded per line item or on the total. ¹ it was so that the effective tax rate remained the same when Quebec stopped taxing the federal tax, which was pretty annoying for software.