Quote:
Originally Posted by sloride
I often ask why is this, say $3.96 after tax. Why don't retailers just raise the price so the final cost is a rounder number. I realize psychologically it sounds better if something is priced at $3.99 rather than $4.03 but I doubt that will cost many sales, but longer checkout likes could do that also.
|
Doesn't always work out with combined purchases and fractional % sales taxes. Some things are taxed and some are not, etc. But, in the right setting.... There is a saloon near here ... well closest one actually, 20 miles RT. They price everything to 25 cents and do not add sales tax. They pay sales tax on their revenue and the only coins in the till are quarters. smart. Wait staff loves it too. Most tips are bills and quarters. No pocket full of small change.