what is the 9/10th for on the price of gas? it's 1.99 and 9/10th why not just 2.00?
2006-09-23 17:10:23 · 6 answers · asked by Anonymous in Cars & Transportation ➔ Other - Cars & Transportation
probably the same reason everything they sell on late night tv is 19.95!
2006-09-24 03:20:48 · answer #1 · answered by namkciub 3 · 0⤊ 0⤋
It started because gas was 20 cents a gallon in the beginning. And that 10th of a penny mattered. It stayed on as marketing, since people see 1.99 and think thats about a buck, while 2.00 is two dollars. Not rational, but thats how folks think.
2006-09-24 00:21:25 · answer #2 · answered by John K 5 · 0⤊ 0⤋
9/10ths of a cent. Just makes it sound better than 2.00
2006-09-24 00:32:59 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
The advertisers found out years ago that products sell better when the price is displayed like this instead of making it rounded up to the higher number.Since then everybody sets there prices this way.
2006-09-24 00:19:57 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Because in todays world, the price of gas is competetive to within a few cents, so it makes it seem like their gas is cheaper.
2006-09-24 00:19:12 · answer #5 · answered by Ryan 2 · 0⤊ 0⤋
makes you feel like your getting a deal
2006-09-24 00:17:52 · answer #6 · answered by Mopar Muscle Gal 7 · 0⤊ 0⤋