I have just done some quick math on this and decided that all prices are about to go up by 1 or 2 cents as a tax on using cash...
9.99 | $10.00 | $10.01 | $10.02 | $10.03 | $10.04 | $10.05 | $10.06 | $10.07 | $10.08 | $10.09 | $10.10 | |
GST | $10.04 | $10.05 | $10.06 | $10.07 | $10.08 | $10.09 | $10.10 | $10.11 | $10.12 | $10.13 | $10.14 | $10.15 |
QST | $10.14 | $10.15 | $10.16 | $10.17 | $10.18 | $10.19 | $10.20 | $10.21 | $10.22 | $10.23 | $10.24 | $10.25 |
-$0.01 | $0.00 | $0.01 | $0.02 | -$0.02 | -$0.01 | $0.00 | $0.01 | $0.02 | -$0.02 | -$0.01 | $0.00 |
Obviously the math does change across Canada as provincial sales taxes vary. I do, however, see an opportunity to abuse this and make a statement, if only for a short while…
Say you are going to pay cash for an item, it's price ends in 9¢, buy 3. 9x3=27 which becomes 25 taking 2¢ from the store. Similarly, prices ending in 4¢ become 4x3=12 which becomes 10. As for 8's and 3's buy 2 since 8x2=16 and 3x2=6 which become 15 or 5 respectively and which liberates 1 cent from the store.
I trust most stores will stop using these numbers 3,4,8,9 to end a price tag in Quebec pricing before long. Though I also suspect most will raise their prices to the next multiple of 5¢ and in the end we will still loose. Also remember that this only works if you are buying an item ending in 1,2,6,7¢ to pay in cash rather than Interac... Electronic pennies are "free" to print and will continue to exist so why give them to the store?
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