Sign in
Microsoft.com
 
Microsoft
 
 
 

locked
more RRS feed

 > 

  • Question

  • Question
    Sign in to vote
    0
    Sign in to vote
    Many shops have prices set just under a round figure, e.g. $9.99 instead of $10.00 or $99.95 instead of $100.00 . It is assumed that this is done because the price seems lower to the consumer. But this is not the reason the practice started. What was the original reason for this pricing method?
    Friday, September 14, 2007 9:26 AM

Answers

  • Question
    Sign in to vote
    0
    Sign in to vote
    The practice originated to ensure that the clerk had to open the till and give change for each transaction, thus recording the sale and preventing him from pocketing the bank notes.

    Friday, September 14, 2007 9:44 AM

All replies

  • Question
    Sign in to vote
    0
    Sign in to vote
    The practice originated to ensure that the clerk had to open the till and give change for each transaction, thus recording the sale and preventing him from pocketing the bank notes.

    Friday, September 14, 2007 9:44 AM
  • Question
    Sign in to vote
    0
    Sign in to vote
    is that true Surprise I wonder
    Friday, September 14, 2007 10:49 AM