Quote:
Originally Posted by Plett25
The stupidity regarding rounding is staggering...
Shortly after the retirement of the penny was announced, a couple of radio announcers in Edmonton did the math on rounding like this: Gas is 90.9 that rounds to 95 cents per litre, every fill is 100L, that's $4 per fill, twice a week means $400 per year due to the penny being eliminated.
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The funny thing is that, because they used a nice round number (100L) no rounding EVER gets done in the correct calcuation.
100L at 90.9 cent per L = $90.90 = no rounding.
And people that can afford $800 of fuel a month probably wouldn't notice spending an additional $400 per year on fuel anyway.