Comment Re:A more practical way to reduce change (Score 1) 1129
Actually that's not quite true, in Australia basically everything in super markets is still it's original pirce (37c, 16c, $1.34 etc) but what they do is subtotal the ENTIRE purchase and then round THAT amount to the nearest 5c..
In my example the total is $1.87 so you would pay $1.85
The theory is that on average you will end up even, some times you pay a couple cents extra, sometimes a couple cents less.
Note: This is open to exploitation by little old ladies trying to buy items 1 at a time for items that end with 1,2 6,7 or buy items in pairs when they end with 3,4 8,9 to always save 1-2c per transaction, in practive I've never seen it happen.. but it's definitely possible.
In my example the total is $1.87 so you would pay $1.85
The theory is that on average you will end up even, some times you pay a couple cents extra, sometimes a couple cents less.
Note: This is open to exploitation by little old ladies trying to buy items 1 at a time for items that end with 1,2 6,7 or buy items in pairs when they end with 3,4 8,9 to always save 1-2c per transaction, in practive I've never seen it happen.. but it's definitely possible.
