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submitted 4 months ago* (last edited 4 months ago) by NegativeLookBehind@lemmy.world to c/pics@lemmy.world
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[-] spicytuna62@lemmy.world 6 points 4 months ago

Imagine telling this guy what that little third 9 in the price of his fuel means. Think he might switch to electric?

[-] Bakersfield@lemmy.world 5 points 4 months ago

OOTL: what is it supposed to mean?

[-] SturgiesYrFase@lemmy.ml 7 points 4 months ago* (last edited 4 months ago)

The reason it's there, that 9/10 of a cent or pence or w.e is the same reason why lot's of prices are $XX.99. It seems like it's a lot cheaper than the 1 cent or 1/10th of a cent that it actually is. For fuel specifically, it started to be added so that gas stations could pay new taxes implemented in 1934(USA), but still make a profit. Back then the cost/gal of fuel was pennies, so adding a full cent to the cost to cover those taxes was deemed a deal breaker, since sometimes it would be ~~½-¼~~ 1/10 the cost of the gallon.

this post was submitted on 25 Aug 2024
406 points (95.5% liked)

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