A PENNY FOR MY THOUGHTS?
One hundred and fifteen point nine cents per liter, reads the gas station sign. If the oil companies list their prices this way, then most people do not realize that they are paying almost $5.00 per gallon. (A liter and a quart are about the same. 1 quart = 0.946 liters)
Canada got rid of the penny in February, 2013. The government said that prices would be rounded off to the nearest nickel. That never happened. Stores and gas stations still list their prices with pennies. I have yet to find a store that lists its prices to the nearest nickel. And gas stations list tenths of cents in their prices. The penny no longer exists, yet oil companies break the non-existent penny into tenths.
“We’re going to charge you nine-tenths of something that no longer exists,” say the oil companies.
“Duh, okay,” say the Canadian sheeple.
Prices are rounded off to the nearest nickel if you pay cash at the checkout. An item costing $4.97 is $4.95 with a cash payment. If the item is $4.98, then it costs $5.00. If you pay by check, debit or credit card, then you are charged $4.97 with no rounding off to the nearest nickel.
The penny exists only on paper, and nowhere else. Sounds like a scam to me, but what do I know? My thoughts are worth something that does not exist.