it means both the type of decimals have the same value
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Equivalent decimals means that two decimal are having the same value.
decimals which are equivalent to 107 = 107.0, 107.00, 107.000
two decimals equivalent to 2.5 = 2.50, 2.500
two equivalent decimals for 253 = 253.0 or 253.00
Yes there are call equivalent decimales