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Why are per gallon gasoline prices at the pump always end in 9/10's of a cent?

I'm talking about in the United States, don't know if it's like that in other countries.

What sense does it make to have the prices in fractions of cents?

5 Antworten

Relevanz
  • vor 8 Jahren
    Beste Antwort

    It started back in the 1920's as a greedy marketing ploy to make people think that gas was a penny cheaper than it really was (back when it was only around 18 cents per gallon). The idea stuck and it's just common practice now, even though a penny per gallon difference is no longer significant.

  • vor 8 Jahren

    Just like in the UK where it's 138.9p

    [currently ranging between 134.9 and 144.9 depending on where you go]

    It's the same with anything ending in '9p' - it's a ploy to make you think you're getting a bargain.

  • vor 8 Jahren

    For the same reason things are priced at $14.99 instead of $15.00 ~ we see that big "14" and forget about the ".99".

  • vor 8 Jahren

    Poor marketing. Intelligence insulting. Makes me want to not even buy gas.

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  • Peepaw
    Lv 7
    vor 8 Jahren

    I was born in 1953, and ever since I can remember it has been that way.

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