How is .995 the same as $995.

Question

How is .995 the same as $995.

Assuming something is $955 and when divinging it why must we say .995?

For $1,500 why is it 1.5 in decimal form?

Answer 1

If your units are thousands of dollars, recorded implicitly, then $995 is 0.995 times $1,000

Suppress the units and you've got .995 standing for $995

$1,500 is 1.5 times $1,000. If you assume the units are thousands of dollars, then 1.5 stands for $1,500