There have been several questions posted to SO about floating-point representation. For example, the decimal number 0.1 doesn\'t have an exact binary representation, so it\'
The high scoring answer above nailed it.
First you were mixing base 2 and base 10 in your question, then when you put a number on the right side that is not divisible into the base you get problems. Like 1/3 in decimal because 3 doesnt go into a power of 10 or 1/5 in binary which doesnt go into a power of 2.
Another comment though NEVER use equal with floating point numbers, period. Even if it is an exact representation there are some numbers in some floating point systems that can be accurately represented in more than one way (IEEE is bad about this, it is a horrible floating point spec to start with, so expect headaches). No different here 1/3 is not EQUAL to the number on your calculator 0.3333333, no matter how many 3's there are to the right of the decimal point. It is or can be close enough but is not equal. so you would expect something like 2*1/3 to not equal 2/3 depending on the rounding. Never use equal with floating point.