The decimal number 0.1 has an infinitely repeating binary fraction.
Consider how 1/3 in decimal is 0.33333… If you truncate that to some finite prefix, you no longer have 1/3. Now let’s suppose we know, in some context, that we’ll only ever have a finite number of digits — let’s say 5 digits after the decimal point. Then, if someone asks “what fraction is equivalent to 0.33333?”, then it is reasonable to reply with “1/3”. That might sound like we’re lying, but remember that we agreed that, in this context of discussion, we have a finite number of digits — so the value 1/3 outside of this context has no way of being represented faithfully inside this context, so we can only assume that the person is asking about the nearest approximation of “1/3 as it means outside this context”. If the person asking feels lied to, that’s on them for not keeping the base assumptions straight.
So back to floating point, and the case of 0.1 represented as 64 bit floating point number. In base 2, the decimal number 0.1 looks like 0.0001100110011… (the 0011 being repeated infinitely). But we don’t have an infinite number of digits. The finite truncation of that is the closest we can get to the decimal number 0.1, and by the same rationale as earlier (where I said that equating 1/3 with 0.33333 is reasonable), your programming language will likely parse “0.1” as a f64 and print it back out as such. However, if you try something like (a=0.1; a+a+a) you’ll likely be surprised at what you find.
I very much doubt it. My day job is writing symbolic-numeric code. The result of 0.1+0.1+0.1 != 0.3, but for rounding to bring it up to 0.31 (i.e. rounding causing an error of 1 cent), you would need to accumulate at least .005 error, which will not happen unless you lose 13 out of your 16 digits of precision, which will not happen unless you do something incredibly stupid.
$ python3
Python 3.11.2 (main, Apr 28 2025, 14:11:48) [GCC 12.2.0] on linux
Type "help", "copyright", "credits" or "license" for more information.
>>> a = 0.1
>>> a + a + a
0.30000000000000004
By way of explanation, the algorithm used to render a floating point number to text used in most languages these days is to find the shortest string representation that will parse back to an identical bit pattern. This has the direct effect of causing a REPL to print what you typed in. (Well, within certain ranges of "reasonable" inputs.) But this doesn't mean that the language stores what you typed in - just an approximation of it.Edit: Now it does it fine after inputting floats:
puts [ expr { 1.0/7.0 } ]
Eforth on top of Subleq, a very small and dumb virtual machine:
1 f 7 f f/ f.
0.143 ok
Still, using rationals where possible (and mod operations otherwise) gives a great 'precision', except for irrationals.I interpreted "directly representable" as "uniquely representable", all < 15 digit decimals are uniquely represented in fp64 so it is always safe to roundtrip between those decimals <-> f64, though indeed this guarantee is lost once you perform any math.
Stop at any finite number of bits, and you get an approximation. On most machines today, floats are approximated using a binary fraction with the numerator using the first 53 bits starting with the most significant bit and with the denominator as a power of two. In the case of 1/10, the binary fraction is 3602879701896397 / 2 * 55 which is close to but not exactly equal to the true value of 1/10.
Many users are not aware of the approximation because of the way values are displayed. Python only prints a decimal approximation to the true decimal value of the binary approximation stored by the machine. On most machines, if Python were to print the true decimal value of the binary approximation stored for 0.1, it would have to display:
0.1
0.1000000000000000055511151231257827021181583404541015625
That is more digits than most people find useful, so Python keeps the number of digits manageable by displaying a rounded value instead: 1 / 10
0.1
That being said, double should be fine unless you're aggregating trillions of low cost transactions. (API calls?) >>> from decimal import Decimal
>>> Decimal(0.1)
Decimal('0.1000000000000000055511151231257827021181583404541015625')To round to the nearest cent, you would need to make cents your units (i.e. the quantity "1 dollar" would be represented as 100 instead of 1.0).
You don't need to have a representation of the exact number 0.1 if you can tolerate errors after the 7th decimal (and it turns out you can). And 0.1+0.1+0.1 does not have to be comparable with 0.3 using operator==. You have an is_close function for that. And accumulation is not an issue because you have rounding and fma for that.
First of all, a lot of languages don't include arbitrary rounding in their math libraries at all, only having rounding to integers. Second, in the docs of Python, which does have arbitrary rounding, it specifically says:
Note: The behavior of round() for floats can be surprising: for example, round(2.675, 2) gives 2.67 instead of the expected 2.68. [...]
Thus I think what I said stands: you cannot round to nearest cent reliably all the time, assuming cent means 0.01. The only rounding you can sort of trust is display rounding because it actually happens after converting to base 10. It's why 2.675 will print as 2.675 in Python even though it won't round as you'd expect. But you'd only do that once at the end of a chain of operations.In a lot of cases, errors like these don't matter, but the key point is that if the errors don't matter, then they don't need to be "assured" away by dubious rounding either.
You do the simple, obvious and correct thing: multiply by 100, round to int, convert to double, divide by 100. It does not matter whether the final division by 100 results in an exact value. (You might argue this is inefficient but it's not a correctness problem.)
> for example, round(2.675, 2) gives 2.67 instead of the expected 2.68.
You are not going to execute round(2.675, 2) if you follow my advice of rounding after every operation. Because the error will never reach 0.005. Your argument is moot.
It doesn't matter that some error starts off way less than 0.005 if rounding then amplifies it. We can find two 2-digit numbers that multiply to get exactly 2.675 in reals, but whose product differs from the float number closest to 2.675 enough to affect rounding:
abs( 2.14 * 1.25 - 2.675 ) < 0.005
abs(round(2.14 * 1.25, 2) - round(2.675, 2)) > 0.01
And regarding integer vs fractional rounding, we can see different results for what is nominally the same computation, depending on where the decimal point is: abs(round(1.0 * 1.5, 0) - 2.0 ) < 0.1
abs(round(0.01 * 1.5, 2) - 0.02) > 0.001
Now, I never said that floats were bad. I am only saying that rounding them doesn't work the way one might expect, and shouldn't be done any more than necessary; in many cases, it's not necessary at all.