Tue, 18 Jul 2000 15:45:20 -0400
I have a question for the gnucash developer community regarding commodities,
stocks etc. and how they are priced, traded, listed, whatever.
I have always seen such things listed/priced/traded as single fractions, i.e.,
a single stock would be "listed" as : 234 1/8
or 234 3/8
or sugar sells for 3 for 1.00 or 1 for 1/3 USD (price, not what I pay)
some of the common "fractions" I have seen are:
1/2, x/4, x/3, x/8, x/16, x/32
occasionally I have seen 5 for 1 USD or 1 for 1/5 USD (price, and what I pay)
10 for 1 USD (or 1 for 1/10 USD) is common
as is 1/6 or 1/12 ( 6 for 1 USD or 12 for 1 USD).
What I have never seen is the following (and I am having great difficulty in
trying to express this since I have never seen this in practice):
stock listed at 234 3/8 1/32 (i.e., 234 USD + 3/8 USD + 1/32 USD).
What I am trying to express here is the use of more than one fraction to
express the units desired. The above could equivalently be expressed as:
but what about something like:
234 3/8 1/5 == 234 + 3/8 + 1/5 USD
That could equivalently be expressed as
But that's not my point - I have never seen the use of more than one fraction.
My question - has anybody???? Would there be a reason for using more than one ?
This is not a trivial question - there is a valid reason for asking. The fact
that I have not seen this in practice and wouldn't make sense to me, does not
mean that it isn't used someplace.
An ancillary question - what are the common fractions used. I have listed a few
powers of 2: 1/2, 1/4, 1/8, 1/16, 1/32, 1/64 never seen anything higher
powers of 10: 1/10, 1/100, 1/1000, never seen anything higher
powers of 5: 1/5 never seen 1/25, etc.
powers of 6: 1/6 never seen 1/36, etc.
powers of 12: 1/12 never seen 1/144 etc.
powers of 3: 1/3 never seen 1/9 etc.
That leaves powers of 7, 11, 13, and more primes.
Can anybody contribute other possible common fractions which are used in the
Again, I do have a valid reason for asking and which relates to gnucash