Petrol prices- being sold at .9 of a p?

[RWD cossie wil]

Ok, might sound like a daft question, but how can petrol be sold at a price that no currency exists for? It is impossible to pay 124.9p for a litre of fuel, so how is it legal to advertise at that?

[vinnie83]

Because at point of sale, you are given a quantity that is priced in pounds and pence.

Much like working out the price of anything per whatever quantity, it may be a figure in .75 of a pence, but it will always be sold in quantities that are in pounds and pence.

[mrmr96]

But min delivery is normally 2 litres. So 2x 129.9p = 259.8p and I think the question is how to pay 0.8p?

[Rawwr]

mrmr96 said:

But min delivery is normally 2 litres. So 2x 129.9p = 259.8p and I think the question is how to pay 0.8p?

Try. Report back

[maniac0796]

The same reason things are priced at .99

People see a lower number at the beginning, and think it's cheaper.

[ShampooEfficient]

maniac0796 said:

The same reason things are priced at .99

People see a lower number at the beginning, and think it's cheaper.

But one can pay 99 pence in all manner of denominations, short of illegally taking a hacksaw to a penny you can't pay a fraction of a pence.

[thebigmacmoomin]

Besause .9 looks cheaper. Just like £0.99 looks cheaper than £1.00 (well it is but its only 1p).

[Dr Jekyll]

RWD cossie wil said:

Ok, might sound like a daft question, but how can petrol be sold at a price that no currency exists for? It is impossible to pay 124.9p for a litre of fuel, so how is it legal to advertise at that?

Because if they sold it for 125p a litre people would post on websites asking how they could pay for 0.999 litres.

[cuprabob]

Dr Jekyll said:

RWD cossie wil said:

Ok, might sound like a daft question, but how can petrol be sold at a price that no currency exists for? It is impossible to pay 124.9p for a litre of fuel, so how is it legal to advertise at that?

Because if they sold it for 125p a litre people would post on websites asking how they could pay for 0.999 litres.

£124.875

[Zip106]

cuprabob said:

Dr Jekyll said:

RWD cossie wil said:

Ok, might sound like a daft question, but how can petrol be sold at a price that no currency exists for? It is impossible to pay 124.9p for a litre of fuel, so how is it legal to advertise at that?

Because if they sold it for 125p a litre people would post on websites asking how they could pay for 0.999 litres.

£124.875

Crikey. Expensive where you live, then.

[TheLurker]

Do they not round the final value down?

So if the price was 1299p/l and you put 1l in the car, it would cost you £1.29.

[mrmr96]

TheLurker said:

Do they not round the final value down?

So if the price was 1299p/l and you put 1l in the car, it would cost you £1.29.

That's exactly what they do do. But isn't that missing the point of the thread? Or have I missed it?

[Glade]

Think of it as for every 10 litres you get a 1p discount over the £1.25 price.

[Urban Sports]

Makes it look cheaper?

[lance1a]

Because the .9p makes people talk about the .9p and deflects away from the fact the government are screwing us for almost the entire balance of the price?

[williamp]

A good question and one I still dont get: the 0.9p doesnt exist. The smallest amount possible to sell something for is 1p, shirley?

If I bought two litres, is that an extra 1.8p I spend, or do they round irt down before (therefore I dont spend the extra 1.8p) or round down after the dinal, therefore I pay the extra 1p???


Can someone explain in a sort of "these are small, those are far away" approach which I might get

[mybrainhurts]

vinnie83 said:

Because at point of sale, you are given a quantity that is priced in pounds and pence.

Much like working out the price of anything per whatever quantity, it may be a figure in .75 of a pence, but it will always be sold in quantities that are in pounds and pence.

Of a PENNY...

[Pigeon]

Just go for the simple answer: "because they are tts". It explains 99% of human behaviour pretty adequately.

[DAVEVO9]

Pigeon said:

Just go for the simple answer: "because they are tts". It explains 99% of human behaviour pretty adequately.

Good point..

I don't know if you think like me Pigeon.. If I see something priced at £9.99 to me it's a tenner?

If I see petrol at £1.29.9 a litre then it,s £1.30? WTF is .9 of a pence worth? or for that matter, what can you buy for 1 pence?

Expect £1.50 a litre by the summer.

[slipstream 1985]

if you put in £50.01 and hand over £100 the cashier might just give you £50 back. hey you just made 1p!!