The basic difference between Decimal and Numeric : They are the exactly same. Same thing different name. The basic difference between Decimal/Numeric and Float : Float is Approximate-number data type, which means that not all values in the data type range can be represented exactly. Decimal/Numeric is Fixed-Precision data type, which means that all the… Continue Reading...
Source: SQL SERVER – Difference and Explanation among DECIMAL, FLOAT and NUMERIC | Journey to SQL Authority with Pinal Dave
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