interesting float to money conversion problem

[Krishnakant]

hello all,
> > I am using postgresql as a database server for my db application.
> > 
> > The database is related to accounts and point of sales and many
> > calculations involve money datatype.
> > 
> > The application logic is totally done in python.  Now the problem is
> > that there is a situation where we calculate tax on % of the total
> > amount on the invoice.  The  percentage is in terms of float but the
> > eventual amount has to be in a money datatype.
> > 
> > The product cost comes in money datatype from postgresql and the tax %
> > comes in float.  So I would like to know if python supports some thing
> > similar to money datatype so that I can cast my total amount (in money )
> > divided by tax% (in float ) so money divided by float should be the
> > result and that result should be in money datatype.
> > For example a product x has the cost Rs. 100 which is stored in the
> > tabel as money type.  and in the tax table for that product the VAT is
> > 5% and this 5% is stored in float datatype.  So after using both these
> > values the resulting total 105Rs. should be in money type and not float.
> > I awaite some reply,
> > Thanks in advice.
> > happy hacking.
> > Krishnakant.
> > 
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