| Let's do some math .. Rounding examples of 10 random hypothetical purchases: | ||||||
| Case | Tag Price |
Sales Tax % |
Raw Total Incl. Tax |
Rounded to Penny |
Rounded to Nickel |
Rounded to Dime |
| Purchase #1 | $90.70 | 3.461% | $93.8391 | $93.84 | $93.85 | $93.80 |
| Purchase #2 | $61.78 | 4.861% | $64.7831 | $64.78 | $64.80 | $64.80 |
| Purchase #3 | $85.36 | 9.580% | $93.5375 | $93.54 | $93.55 | $93.50 |
| Purchase #4 | $84.45 | 8.582% | $91.6975 | $91.70 | $91.70 | $91.70 |
| Purchase #5 | $76.94 | 11.596% | $85.862 | $85.86 | $85.85 | $85.90 |
| Purchase #6 | $245.28 | 3.501% | $253.8673 | $253.87 | $253.85 | $253.90 |
| Purchase #7 | $224.54 | 7.275% | $240.8753 | $240.88 | $240.90 | $240.90 |
| Purchase #8 | $140.63 | 9.315% | $153.7297 | $153.73 | $153.75 | $153.70 |
| Purchase #9 | $143.85 | 7.167% | $154.1597 | $154.16 | $154.15 | $154.20 |
| Purchase #10 | $116.46 | 8.689% | $126.5792 | $126.58 | $126.60 | $126.60 |
| 10 purchase totals = | $1,269.99 | $1,358.9304 | $1,358.94 | $1,359.00 | $1,359.00 | |
Come on folks.. this just does not make any cents. We got rid
of the 1/2 cent back in 1857.. Getting rid of the 1 cent coin is way, WAY past due.
The penny has become a social and cultural
anachronism.
If our friends in Canada, Australia and a dozen other countries can stop the use of their
pennies, why can't we?