Two Dollar Bills
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I admire you. A girl gave YOU money...
gkent
Well-Known Member
If something's $1.95 then that's what you pay - no rounding.
If its $1.97 you pay $1.95
If its $1.98 you pay $2.00
Take 14 items individually priced at 3.97. The total is $55.58. With "rounding" its going to cost you an extra TWO CENTS !!
BUT
If you only but 13 items at 3.97 the total is $51.61. With rounding it'll be $51.60
3.97 |
3.97 |
3.97 |
3.97 |
3.97 |
3.97 |
3.97 |
3.97 |
3.97 |
3.97 |
3.97 |
3.97 |
3.97 |
3.97 |
55.58 |
Long story short, she and I had a huge crush on each other. Believe it or not I actually did the right thing by not pursuing it. I really didn't have my head on straight so I made the right decision. I kept the two dollar bills and let her go.I admire you. A girl gave YOU money...
It sounds like you were thinking with the right head, Scott.
It's my turn!!!Back in the day, we'd call you an "Indian giver".
2 dollar bills are only half as much fun at the nudie bar
So the retailer pockets the difference when the bill is rounded up?
They surely will love that.
I like the way you put that in PRACTICAL terms. An innovative way to do the math !
I collect sales tax (well, my business does) on behalf of the state.
They recently made a change from "tax tables" to a "round up" system.
There is a portion of the state sales tax known as "discretionary tax" that is set at the county level and goes to the county.
Every "round up" penny always goes to the discretionary tax.
I wonder if the state thought this through?
It IS easier than maintaining tax tables, though.
They recently made a change from "tax tables" to a "round up" system.
There is a portion of the state sales tax known as "discretionary tax" that is set at the county level and goes to the county.
Every "round up" penny always goes to the discretionary tax.
I wonder if the state thought this through?
It IS easier than maintaining tax tables, though.
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We just figure, that with the randomness of purchase totals, it all evens out over time. It saves us from having almost worthless, but expensive for the government to produce, pennies jingling around in our pockets. Now, instead of a penny jar at home, I have one containing nickles and dimes.
gkent
Well-Known Member
And they lose it when its rounded down.
At the end of the day (or year) the gain/loss is insignificant.
Even when we were using pennies people usually tossed them in a bowl at the cash registers for then next person to use if they needed them.
And FWIW the rounding only applies to "cash" sales. If you use debit or credit cards you pay the actual amount.
anyone here starts a thread about 3 dollar bills, I'm out
The debate about whether or not people can figure out math if pennies are gone, or extra change by carrying a dollar coin is rather moot in my case. Almost every single transaction that I make goes on a credit card or debit card, paid off online every month.
I knew it was on its way and there you have. I wouldn't touch that bill with a ten foot pole......... or any pole.
Actually, it's worth less than that.....LOL
Truth!!
There's a couple of local scrap yards here to give out 2 dollar bills as change...
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