Why Is Gas Price 9/10. Yet, there’s a reason why gas prices end in 9/10 of a cent, and it’s costing consumers more than they realize. A mystery rep from big oil does not, in fact, call every morning to say “oil prices are going up, so raise your gas price ten. No other retailers advertise their prices in. Back in 1932, the revenue tax act placed a. Most gas stations pushed their fractional charges up to 9/10 of a cent around the 1950s when they began advertising prices on. The practice of tacking 9/10 of a cent on the end of a gas price goes back to when gas cost only pennies per. If gas costs 3.10 9/10 then it just multiplies that number by how many gallons you buy and then rounds to the nearest cent. Gas prices are rarely a place to find good news, particularly with credit card surcharges and steadily rising prices. But why does the price of a gallon of gas always end in 9/10 of a cent on stations’ price boards?
from www.cnn.com
But why does the price of a gallon of gas always end in 9/10 of a cent on stations’ price boards? The practice of tacking 9/10 of a cent on the end of a gas price goes back to when gas cost only pennies per. If gas costs 3.10 9/10 then it just multiplies that number by how many gallons you buy and then rounds to the nearest cent. Back in 1932, the revenue tax act placed a. Gas prices are rarely a place to find good news, particularly with credit card surcharges and steadily rising prices. Yet, there’s a reason why gas prices end in 9/10 of a cent, and it’s costing consumers more than they realize. No other retailers advertise their prices in. A mystery rep from big oil does not, in fact, call every morning to say “oil prices are going up, so raise your gas price ten. Most gas stations pushed their fractional charges up to 9/10 of a cent around the 1950s when they began advertising prices on.
Why gas prices always end in 9/10 of a cent CNN
Why Is Gas Price 9/10 But why does the price of a gallon of gas always end in 9/10 of a cent on stations’ price boards? Most gas stations pushed their fractional charges up to 9/10 of a cent around the 1950s when they began advertising prices on. Back in 1932, the revenue tax act placed a. The practice of tacking 9/10 of a cent on the end of a gas price goes back to when gas cost only pennies per. No other retailers advertise their prices in. If gas costs 3.10 9/10 then it just multiplies that number by how many gallons you buy and then rounds to the nearest cent. Yet, there’s a reason why gas prices end in 9/10 of a cent, and it’s costing consumers more than they realize. Gas prices are rarely a place to find good news, particularly with credit card surcharges and steadily rising prices. A mystery rep from big oil does not, in fact, call every morning to say “oil prices are going up, so raise your gas price ten. But why does the price of a gallon of gas always end in 9/10 of a cent on stations’ price boards?
