It has to do with the way the internal representation of floats and doubles are in the computer. Computers store numbers in binary which is base 2. Base 10 numbers when stored in binary may have repeating digits and the "exact" value stored in the computer is not the same.
When you compare floats, it's common to use an epsilon to denote a small change in values. For example:
float epsilon = 0.000000001;
float a = 0.7;
double b = 0.7;
if (abs(a - b) < epsilon)
// they are close enough to be equal.