|
Good afternoon and welcome to The Prices Rise, the show for store owners. Now that the penny is out of circulation, you may need some guidance in how to round off your new prices. For instance, if something costs $9.86, it looks at first like the price needs to be lowered to $9.85. But since a nickle is now worth a penny, the way to calculate the new price is by expressing the penny in $9.86 with a nickle for a new price of $9.90. And for putting you through the trauma of almost knocking a cent off the price of one of your products, you can charge another five cents for a fully adjusted price of $9.95. As a bonus, this new price appears to have been rounded down.
|
|
No comments:
Post a Comment