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Path: utzoo!watmath!clyde!burl!mgnetp!ihnp4!cbosgd!mhuxl!ulysses!allegra!princeton!eosp1!robison
From: robison@eosp1.UUCP (Tobias D. Robison)
Newsgroups: net.legal
Subject: Re: Credit vs. Cash sales
Message-ID: <1100@eosp1.UUCP>
Date: Fri, 7-Sep-84 12:51:08 EDT
Article-I.D.: eosp1.1100
Posted: Fri Sep  7 12:51:08 1984
Date-Received: Thu, 13-Sep-84 06:46:29 EDT
Organization: Exxon Office Systems, Princeton, NJ
Lines: 23

References:

Regarding the store in Ca. that posts a sign saying that their
actual prices are 4% above what's marked on each book, and a 4%
discount is given for cash...

FIRST: This must be illegal in some places, but you have to check
state and local laws.  In NYC, I'm sure that correct prices must be
posted on each item, so the policy would be illegal.

SECOND: This store's arithmentic won't work, and you might as well
take advantage of them.  FOR EXAMPLE:

Say they mark $20 on a book.  The actual price is 4% higher, and there
is a 4% discount for cash.  So:

	1.04 * $20 * .96 = $19.968 = $19.97

Be sure they give you the 3 cents off marked price for paying cash.

- Toby Robison (not Robinson!)
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