Half a croissant, on a plate, with a sign in front of it saying '50c'
h a l f b a k e r y
Like a magnifying lens, only with rocks.

idea: add, search, annotate, link, view, overview, recent, by name, random

meta: news, help, about, links, report a problem

account: browse anonymously, or get an account and write.

user:
pass:
register,


                             

Quantised Pricing Scheme

 All purchase should be rounded down to simplify purchasing
  (+2)
(+2) 		  [vote for,
against]

Suggestion is that prices of purchases be rounded down at the til to the nearest $X to simplify getting change while ignoring amounts of money that are irrelevant.

under $10 - as per purchase price,

$10-$100 - round to the nearest dollar

$100-$1000 - round to the nearest $10

etc. The absolute worst case for the retailer is a loss of 9.99% on any given sale and for most sales will be less than this.

—PiledHigherandDeeper, Jun 04 2003

Mr Joshua Fiddler http://www.carryonl...m/carry/cocamp.html
Fiscal policy as adopted by a Peter Butterworth character in Carry on Camping [gnomethang, Oct 04 2004]

LA restaurant gives change only to nearest dollar http://www.latimes....b27,1,3566696.story
[angel, Feb 28 2008]

[link]






       In that case, I'm selling gumballs.
—Amos Kito, Jun 04 2003
   

       It says round down and doesn't apply under $10, from your interpretation I think you would have to give them away, "Free Gumballs for all".
—PiledHigherandDeeper, Jun 04 2003
   

       Curses, foiled again. I hope they get cavities. Then I'd like $999.99 worth of gold please.
—Amos Kito, Jun 04 2003
   

       It will cost you $990 dollars thanks (0.999% discount), you would have been smarter to ask for$1099.99 worth of gold as you would get it for $1000 (9.999% discount), but I'll take your money!
—PiledHigherandDeeper, Jun 04 2003
   

       + <Mr Fiddler> A Pound!</Mr Fiddler>(For Americans and other Aliens - see link)
—gnomethang, Jun 04 2003
   

       But I need change for the bus!
—saker, Jun 04 2003
   

       I don't think the rounding should be different for $1.19 than for $39.57. It should always be to the nearest quarter (downwards, of course, to please the customer). That way, we get rid of the constant penny, nickel, and dime transactions that take up so much cashier time.
Minimum 10 gumballs per purchase.
—phundug, Jun 04 2003
   

       It would bring a level of truth to advertised prices, a product is more likely to be marked as $11, rather than $10.99 as this would then sell for $10.
—PiledHigherandDeeper, Jun 04 2003
   

       I think the phrase "business interests would fight it" says it all.
—WcW, Feb 29 2008
   

       Apparently not, as my link demonstrates.
—angel, Feb 29 2008
   

       demonstrates Google sampling error.
—WcW, Feb 29 2008
   

       Why wouldn't businesses round up then?
—quantum_flux, Feb 29 2008
   
      
[annotate]
   


 

back: main index
business  computer  culture  fashion  food  halfbakery  home  other  product  public  science  sport  vehicle