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Why Do Oil Companys Persist With Decimal Point??


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Yes.So if you fill up each week by the end of the year you will have over £2.50.Life changing.

 

It could be totally life changing for those who have multi car households or need to fill up more than once a week or have to drive as part of their job or own a business that involves heavy transportation, distribution or travel.

 

Think about the bigger picture sometimes.

 

No fuel company is going to round down are they. What sort of slippery slope would we end up on if every company and every product price was rounded up for convenience.

 

Pennies are thrown away as nothing. Its a disgrace. Our previous generation would shudder at the thought. Pennies make pounds.

 

You can sometimes fly abroad for a penny with a certain well known budget airline. You can sometimes buy products for a penny for a certain well known tv shopping channel.

 

Looking through some of the replies on this thread you would not beleive this is a a country that is supposed to be struggling with so many people allegedly living on the poverty line having to use food banks. Maybe you should throw your oh so unwanted pennies their way.

Edited by ECCOnoob
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For the same reason that items you buy from shops use 9p endings, eg £1.99 or £2.49

 

Subconsciously (and for those really bad at maths) it makes the product look less expensive.

 

Go to a car dealer, a £10,000 will be marked at £9995, looks less expensive because it's one number shorter.

 

I'm probably wrong here, but I'm sure somebody once told me that one of the reasons why items are priced 99p- £1.99 etc: Is so that cashiers have to physically open the till and give change to the customer to stop the cashier from just pocketing an amount that is a full quid etc:

 

This would make sense on small value items,but obviously not on summat worth £9,999 haha!

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You can sometimes buy products for a penny for a certain well known tv shopping channel.

 

Ohh yeaaaah yeaah yeah, let me switch on Price Drop TV now...let's see, ohhhh wow what a deal, some piece of ceramic crap, wow I really want that in my home. Oh and such good value too! Only 1p! Wow!

 

"Yes please I'd love to buy this beautiful ceramic tat from you, I'll come to your office now with 1p yes?"

 

"Erm no, the delivery fee is £7.99 and you have been charged £1.53 for this phone call IF you're ringing from a BT landline. Goodbye"

 

So it doesn't matter that the fees total £9.52 because the doll itself only cost 1p!

 

BARGAIN.

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Ohh yeaaaah yeaah yeah, let me switch on Price Drop TV now...let's see, ohhhh wow what a deal, some piece of ceramic crap, wow I really want that in my home. Oh and such good value too! Only 1p! Wow!

 

"Yes please I'd love to buy this beautiful ceramic tat from you, I'll come to your office now with 1p yes?"

 

"Erm no, the delivery fee is £7.99 and you have been charged £1.53 for this phone call IF you're ringing from a BT landline. Goodbye"

 

So it doesn't matter that the fees total £9.52 because the doll itself only cost 1p!

 

BARGAIN.

 

It's a case of buyer beware, and being able to do a spot of mental arithmetic.

 

Sadly, anybody who takes anything at face value these days is likely to get ripped off. Just try comparing things like electricity tarrifs; mobile phone tarrifs etc...

Edited by Anna B
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For that matter, my car does miles per gallon, so why don't they sell petrol in gallons rather than litres?

Could it be to do with the fact that I might be upset to see I'm paying over £5 per gallon, one of the highest prices in Europe?

 

My car somehow manages to work whether I put gallons or litres in (and like a lot of people I put so many £ worth in when I buy petrol).

 

If we're comparing prices to Europe then we'd be in exactly the same place in the table in cost per litre.

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