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The US "Penny": Should it go or should it stay?
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<p>[QUOTE="Conder101, post: 1765753, member: 66"]My bet would be that very quickly merchants would just charge both the same rounded price. Removes the headache of having to find out how the customer plans to pay for the purchase so you know how to ring it up. Also makes totaling out the register easier.</p><p> </p><p><br /></p><p><br /></p><p>Yes because the register would most likely be set to automatically round to the nearest .05 so the register would show 3.75E. Today's electronic cash registers already have the software in them to be able to round to the nearest .01, .05, .1 etc (and possibly set so it can round or not depending on cash or credit). It is just a matter of settings on the machine. My bet is that merchants will just set the machine to round to the nearest .05 and then charge everyone the same thing. It's easier.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1765753, member: 66"]My bet would be that very quickly merchants would just charge both the same rounded price. Removes the headache of having to find out how the customer plans to pay for the purchase so you know how to ring it up. Also makes totaling out the register easier. Yes because the register would most likely be set to automatically round to the nearest .05 so the register would show 3.75E. Today's electronic cash registers already have the software in them to be able to round to the nearest .01, .05, .1 etc (and possibly set so it can round or not depending on cash or credit). It is just a matter of settings on the machine. My bet is that merchants will just set the machine to round to the nearest .05 and then charge everyone the same thing. It's easier.[/QUOTE]
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