2006-06-29 02:36:30 · 7 answers · asked by Kennedy 2 in Cars & Transportation ➔ Commuting
It looks lower. The human mind is trained to see 2.63 9/10 and think its much lower than 2.64 . Weird, huh?
2006-06-29 02:40:36 · answer #1 · answered by Ian M 5 · 1⤊ 1⤋
It used to be that back in the day the taxes on fuel added up to 9/10 of a cent per gallon. Thus you were paying the full cents to the vendor and the 9/10 to the government.
2006-06-29 16:25:24 · answer #2 · answered by calliope320 4 · 0⤊ 0⤋
Because people are stupid. When gas was $0.25/gallon, price wars occured. During these price wars, one store could post a sign saying 24 9/10 and increase sales. People saw the .24 and believe that it was much better than the .25.
The real difference was nominal. But the practice has held.
2006-06-29 09:44:57 · answer #3 · answered by mykidsRmylife 4 · 0⤊ 1⤋
actually i think it has to do with the sales tax, and the fact that the sale of fuel is DOT regulated. ever notice that fuel prices outside of city limits are usually a little lower. no city sales tax.
2006-06-29 09:53:04 · answer #4 · answered by crym_n_itly_trigger 1 · 0⤊ 0⤋
It creates the illusion you're getting a deal. This is also why prices end in 99 cents.
2006-06-29 09:40:26 · answer #5 · answered by Anonymous · 0⤊ 1⤋
It has nothing to do with sales taxes, not all cities have their own sales tax. It is strictly to make it look cheaper, nothing else.
2006-06-29 13:12:00 · answer #6 · answered by No! Freedom of speech is abused 2 · 0⤊ 1⤋
It's a marketing gimmick.
2006-06-29 10:19:40 · answer #7 · answered by Niceguy 6 · 0⤊ 1⤋