It is a short way of writing out 'decimal place'
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DP = payment against receipt of document
1 decimal place
decimal place
It depends how many decimal places or significant figures you are rounding to.Here's the general method for if you're rounding to 2 dp (decimal places);Look at the number in the 3rd dp spot. Is it 5 or above?If no, write the number with only 2 dp ignoring the 3rd dp number completely. If yes, you'll need to increase the number in the 2nd decimal place spot by 1, unless ...The 2nd dp number is a 9 (as it is in the above question). In that case you need to increase the 1st dp number by 1 and make the 9 a zero. Unless ...The 1st dp number is a 9 ..... etc. etc.So for our example;Rounding to;2 dp = 8.201 dp = 8.20 dp = 8