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Devious Comments
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=chrisbucks
Mar 28, 2008, 10:09:01 PM
Same thing happens in NZ, we use dutch rounding, (is it called that?) which is as you described. The smallest denomination that we have is 10c, so in the case which you cite I'd be given 10c change. If the bill was 90.95 then I'd have to lose 5c. The trick on that is to pay electronically therefore you wont lose 5c.
The company definitely isn't going to forfeit 5c due to not being able to physically give you 5c change, so it has to be rounded to the nearest possible number. Or you could shop elsewhere.
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Click to protest FairExposure | Help! I'm being repressed! | You're too stupid to be an atheist
Mar 28, 2008, 10:09:01 PM
Same thing happens in NZ, we use dutch rounding, (is it called that?) which is as you described. The smallest denomination that we have is 10c, so in the case which you cite I'd be given 10c change. If the bill was 90.95 then I'd have to lose 5c. The trick on that is to pay electronically therefore you wont lose 5c.
The company definitely isn't going to forfeit 5c due to not being able to physically give you 5c change, so it has to be rounded to the nearest possible number. Or you could shop elsewhere.
--
Click to protest FairExposure | Help! I'm being repressed! | You're too stupid to be an atheist
*SwissArmyBlade
Mar 28, 2008, 10:24:35 PM
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"I understand you called my ex-wife. I want you to know that, campaign aside, politics aside, you ever do anything like that again, anything against a person in my family, I will personally beat the shit out of you."
John McCain
Mar 28, 2008, 10:24:35 PM
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"I understand you called my ex-wife. I want you to know that, campaign aside, politics aside, you ever do anything like that again, anything against a person in my family, I will personally beat the shit out of you."
John McCain
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I wonder if this is one of the goverment's April Fool ?
umm, maybe not.
"The Malaysian Government wishes to announce the introduction of a Rounding Mechanism to the nearest multiple of 5 sen for over-the-counter payments to be fully implemented by 1 April 2008.
The Rounding Mechanism only applies to the total amount of a bill and not on individual items. In the Rounding Mechanism exercise, the total amount of a bill which ends in 1, 2, 6 and 7 sen will be rounded down while the total bill which ends in 3, 4, 8 and 9 sen will be rounded up to the nearest multiple of 5 sen.
The implementation of the Rounding Mechanism brings benefits to both businesses and customers. Businesses will be able to save on handling costs and for customers, it will make payment faster and more convenient."
Is there any big difference between RM100.01 and RM100.05? I'd rather say keep the change. Well I know some country like Saudi Arabia which use coins anymore. I mean even if the item is 90.90Riyal, and you give 100R note, the casher would just give you a cheap sweet as a change. Forreal.
In this case, for the soon-to-be the New Rounding Mechanism in Malaysia, I have a premonition that the coins will be tossed on streets shortly.
Bring back the very value of 1 cent!