has cancelled the use of one
and two cent
coins for some years now, and quite frankly it hasn't made much difference to business
. Prices are still calculated to the cent (and even a tenth of a cent for petrol
), but any figure is rounded down or up to the nearest five cents
. Example: two of the same cans of food may cost $2.85, but if you bought each seperately you would only pay $2.80 (each can would have been $1.42) - Always buy fuel when a total ends in $x.x2 or $x.x7.
Take note though that costs are rounded only when paying in cash
. With the increased use of credit card
s, every cent is accounted for so it is still viable to price products to the cent and you'll get billed all of the cost.
tells me that this practice is in place in the Netherlands