2006-07-03 18:33:06 · 12 answers · asked by Geist 6 in Cars & Transportation ➔ Maintenance & Repairs
Doing some quick math. If you were to buy 10 gallons at $2.99 it would of course be $29.90. Now if you bought 10 gallons at $2.999 it would be $29.99. See they gain $0.09. Now take that times 1'000'000 gallons and that works out to be $90'000. Adds up quick, don't it. Plus, yes, it just sounds better. Try this one. Starting today take a penny and put it in the bank. Tomorrow, double that penny and put in two more tomorrow, the next day double that and put in four more. Do this for 64 days and see how your money grows. All the little things really add up when you get to see the big picture.
2006-07-04 06:15:05 · answer #1 · answered by yenkoman1969 3 · 6⤊ 1⤋
The 9/10 of a cent you see is a federal tax.
2006-07-03 19:10:45 · answer #2 · answered by Thomas S 3 · 0⤊ 1⤋
With the oil companies on track to make 45 billion in profits this year.... who is worried about a penny. With profits like they are making, we could all be paying lower prices. Greed has takin control of the oil tycoons and they are lining their pockets very thick.
2006-07-03 20:44:50 · answer #3 · answered by turbietech 4 · 0⤊ 0⤋
It is all about marketing, has nothing to do with taxes, cost of fuel to oil company etc. It is a psychological thing, and it is used in car sales, retail sales, and about everything you can think of in the trade of goods for money.
2006-07-03 19:09:16 · answer #4 · answered by hithere2ya 5 · 0⤊ 0⤋
For the same reason something cost "Just $19.99,
act now,
ends soon,
but wait there's more,
and we'll even double your order,
be the first 20 callers and....
batteries not included..
some assembly required...
It's just a ploy to make it seem like a better deal!
2006-07-03 18:45:53 · answer #5 · answered by Mr. KnowItAll 7 · 2⤊ 0⤋
Because people see 3.009 as $3 a gallon, so it looks better than $3.01. And tax rates.
2006-07-03 18:36:57 · answer #6 · answered by Drea 2 · 0⤊ 0⤋
It makes it look cheaper at that price then it would if it was rounded up to a whole number.
2006-07-03 18:37:03 · answer #7 · answered by phantom_lord_80 2 · 0⤊ 0⤋
Because the government and the oil companies like messing with our heads...and wallets.
2006-07-03 18:36:43 · answer #8 · answered by WhyAskWhy 5 · 0⤊ 0⤋
Tax Tax TaxTax
The goverment needs all they can pinch out of us
2006-07-03 20:49:28 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Yeah, what's up with that? Why don't they just round it up to the next penny? That's whack, mack.
2006-07-03 18:36:32 · answer #10 · answered by seattlecutiepie 5 · 0⤊ 0⤋