How to use decimal in SQL Server

decimal and numeric (Transact-SQL)

Numeric data types that have fixed precision and scale.

decimal[ (p[ , s] )] and numeric[ (p[ , s] )]

Fixed precision and scale numbers. When maximum precision is used, valid values are from - 10^38 +1 through 10^38 - 1. The ISO synonyms for decimal are dec and dec(p, s). numeric is functionally equivalent to decimal.

p (precision)

The maximum total number of decimal digits that can be stored, both to the left and to the right of the decimal point. The precision must be a value from 1 through the maximum precision of 38. The default precision is 18.

s (scale)

The maximum number of decimal digits that can be stored to the right of the decimal point. Scale must be a value from 0 through p. Scale can be specified only if precision is specified. The default scale is 0; therefore, 0 <= s <= p. Maximum storage sizes vary, based on the precision.