Ask a Question
or
Create a Poll
  1. Home /
  2. Questions /
  3. Finance
  4. / Currency
  5. / Currency In General

by hyperblackleo on May 13th, 2009

hyperblackleo

Question

Help answer this question below.

Hi, I m cuban so, sorry my english, I would like to someone with some background in financial terms to tell why some market products cost $XX.99 cents, I mean, I need only the explanation of the 99 cents, why always 99 and not the all rounded number?

  • Like
  • Report
Share:
Other

Answers. 2 helpful answers below.

  • by Beany on May 17th, 2009

    Beany

    It looks a lot cheaper than the nearest dollar

    No comments. Post one | Permalink

  • by Danilito on May 17th, 2009

    Danilito

    becaus estudies have shown it's an easy number to remember. People always look at the first digit ( 4.99) and they are tricked to thinking 4 dollars. It has been overused since the discov er was made, so now i think it's just common practice.

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading Hi, I m cuban so, sorry my english, I would like to someone with some background in financial terms to tell why some market products cost $XX.99 cents, I mean, I need only the explanation of the 99 cents, why always 99 and not the all rounded number?

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

Answerbag

a Demand Media company