Why is retail gasoline priced in tenths of a cent?

Subject: Why is retail gasoline priced in tenths of a cent?

Date: Thu Jul 27 19:17:06 2000
Posted by Robert Klein
Grade level: grad (non-science) School: Georgetown
City: Potomac State/Province: MD Country: USA
Area of science: Other
ID: 964739826.Ot

Message:


All gasoline pumps price the product in tenths of a cent, such as $1.60 
9/10 per gallon.  Is there any rational reason for this?  Was there such a 
reason when gas pumps were first developed?

Re: Why is retail gasoline priced in tenths of a cent?

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