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TMS320F28P650DK: Float Number Precision loss

Part Number: TMS320F28P650DK

Tool/software:

Hi,

   In my project, i am converting the unsigned integer to float value because for computation of algorithms.

uint32t value = 30;

The expected value while we multiply the factor of 0.01f should be

float value1 = (float32_t)value *  (0.01f) = 0.30f

But the response value i got is, 0.29999981

Can you tell me what settings i am missing in the Project setting configuration