How the Money Rounding Mechanism works
So the government has been promoting this ‘Jimat dan Senang Kira’ thing that will be on full force this April first 2008. They have been spending money on TV and radio advertisements as well. At first I was thinking why on earth are they doing this method? I thought that in math you actually go for the nearest decimal point? For example if it’s RM10.05 it would then be made to Rm10.10
But after checking out the leaflet I got at the place where I worked, now I understand how it goes. We are eliminating the 1 Sen very soon you see. So everything revolves around the 5 Sen. The 5 Sen becomes the decimal point in this case. The table below may shed some light for some of you who is still a bit confused about this whole stuff just like me.
So the next time you are paying for that nose job New Jersey style that everybody is talking about, don’t bother about the 1 Sen. Round it up!
Table sauce, source
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I heard about this, but not really sure how it works, thanks for the table source. Wow! bulih simpan 2-3 sen kumpul beli sugus this.
eshark- Start keeping those one sen. May be worth a fortune one day.