3 ms·
Meh, from what I've seen so far, it's just so people see, e.g. 2.55 $/gal with the tiny nine in the corner, stop by and get charged 2.559 $/gal (essentially squ
by hyperdimension 6y ago
Meh, from what I've seen so far, it's just so people see, e.g. 2.55 $/gal with the tiny nine in the corner, stop by and get charged 2.559 $/gal (essentially squeezing that last cent out of customers.)
I'd be interested to hear if anyone else has seen any digit other than nine in the tenth-of-a-cent column though.
- toast0 6y agoI believe it's because gas prices are quoted with tax (which is unusual in the US), and there is a federal tax ending in 9 tenths of a cent. Probably lobbied by the small 9 marquee digit manufacturers of america.
- chrismorgan 6y agoAustralian fuel prices are listed in cents to one decimal place. >80% of the time the last digit is a nine, the rest of the time it’s most commonly a 5. I’ve seen other odd digits rarely, with even numbers just about unheard of. But what you actually pay will be rounded to the cent, or to the nearest 5¢ if you pay in cash. The whole concept involved here is called psychological pricing (https://en.wikipedia.org/wiki/Psychological_pricing https://en.wikipedia.org/wiki/Psychological_pricing). I wish it was illegal.