Its very well known due to the nature of floating point numbers.
If you want to do decimal arithmetic not floating point arithmatic there are libraries to do this.
E.g.,
>>> from decimal import Decimal
>>> Decimal(29)/Decimal(100)
Decimal('0.29')
>>> Decimal('0.29')*100
Decimal('29')
>>> int(Decimal('29'))
29
In general decimal is probably going overboard and still will have rounding errors in rare cases when the number does not have a finite decimal representation (for example any fraction where the denominator is not 1 or divisible by 2 or 5 - the factors of the decimal base (10)). For example:
>>> s = Decimal(7)
>>> Decimal(1)/s/s/s/s/s/s/s*s*s*s*s*s*s*s
Decimal('0.9999999999999999999999999996')
>>> int(Decimal('0.9999999999999999999999999996'))
0
So its best to always just round before casting floating points to ints, unless you want a floor function.
>>> int(1.9999)
1
>>> int(round(1.999))
2
Another alternative is to use the Fraction class from the fractions library which doesn't approximate. (It justs keeps adding/subtracting and multiplying the integer numerators and denominators as necessary).
