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A cent is 1/100 of a dollar or $0.01. A cent can be divided in to ten mils or $0.001 or 1/1000 of a dollar. The only place a mil is usually seen is in gasoline prices...when you see gas at $ 2.75.9 per gallon it is 2 dollars, 75 cents and 9 mils per gallon. At that price ten gallons would be $27.59, you have to buy ten gallons to see the penny you saved if the price had been $2.76 per gallon. It's an advertising ploy, they think you believe that gallon if gas is $2.75 a gallon when in reality it's $2.76 a gallon.

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15y ago

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