Why isn't 99p rounded up to £1?! - BBC

Why isn't 99p rounded up to £1?!

QI: Sandi Toksvig, Alan Davies and a host of comedy stars swap funny facts on every subject under the sun. It doesn't matter if they're right, as long as they're quite interesting.

#QI #Facts #FunFacts #Quiz

[jeffwiesner]

I had no idea it was based on trusting your staff.

[ydnallah]

I still think it’s more the illusory cheaper price, like petrol being £1.30.9 when it’s really £1.31p

[eoinh]

In Ireland prices are rounded up or down depending on the price of the article.

[julianaylor]

There's a chain of discount shops that used to be called Sam 99p, now it's called Sam Pound. True story, inflation. 😁

[AlbertMonkey]

I knew about this but not why do they do it in the USA when they have to add tax on anyway and you’d have to open the till every time regardless

[swmykpg]

Would keeping the difference unbalance the receipts and the till?