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Why do gasoline prices include 9/10ths of a cent?




Topic started on 22-7-2008 @ 10:42 PM by warpboost


Why do gasoline prices have 9/10ths of a cent at the end of the price?? Just seems like a gimmick to get another cent without people really paying attention. I'm going to guess it was started back when gas prices were just cents a gallon and has never gone away.



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reply posted on 22-7-2008 @ 11:27 PM by hawaiigurl


I would guess the same thing too. It's kinda like buying an article of clothes that says $10.99 instead of saying $11.00. For me, I don't really pay attention to the cents, only to the dollars, unless I am comparing prices of items by dollars and cents.



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reply posted on 24-7-2008 @ 06:03 PM by Cyprex


You are correct. Think back to last time you said "I paid $4.50 a gallon today!" Did you even think of the 9/10 then You just about paid $4.51.



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