diff --git a/src/error-handlers/multipleOf.js b/src/error-handlers/multipleOf.js
index 5589929..04980d0 100644
--- a/src/error-handlers/multipleOf.js
+++ b/src/error-handlers/multipleOf.js
@@ -39,18 +39,29 @@ const multipleOfErrorHandler = async (normalizedErrors, instance, localization)
   return errors;
 };
 
+/**
+ * @param {number} value
+ * @returns {number}
+ */
+const countDecimals = (value) => value.toString().split(".")[1]?.length || 0;
+
 /**
  * @param {number} a
  * @param {number} b
  * @returns {number}
  */
 const gcd = (a, b) => {
-  while (b !== 0) {
-    const temp = b;
-    b = a % b;
-    a = temp;
+  const m = 10 ** Math.max(countDecimals(a), countDecimals(b));
+  let x = Math.round(a * m);
+  let y = Math.round(b * m);
+
+  while (y !== 0) {
+    const temp = y;
+    y = x % y;
+    x = temp;
   }
-  return Math.abs(a);
+
+  return Math.abs(x) / m;
 };
 
 /**
@@ -59,7 +70,11 @@ const gcd = (a, b) => {
  * @returns {number}
  */
 const lcm = (a, b) => {
-  return Math.abs(a * b) / gcd(a, b);
+  const m = 10 ** Math.max(countDecimals(a), countDecimals(b));
+  const x = Math.round(a * m);
+  const y = Math.round(b * m);
+
+  return Math.abs(x * y) / (gcd(x, y) * m);
 };
 
 export default multipleOfErrorHandler;
diff --git a/src/test-suite/tests/multipleOf.json b/src/test-suite/tests/multipleOf.json
index 766f089..067638d 100644
--- a/src/test-suite/tests/multipleOf.json
+++ b/src/test-suite/tests/multipleOf.json
@@ -44,6 +44,24 @@
           "schemaLocations": ["#/allOf/0/multipleOf", "#/allOf/1/multipleOf", "#/allOf/2/multipleOf"]
         }
       ]
+    },
+    {
+      "description": "multiple decimal multipleOf constraints (LCM of 0.2 and 0.3)",
+      "schema": {
+        "allOf": [
+          { "multipleOf": 0.2 },
+          { "multipleOf": 0.3 }
+        ]
+      },
+      "instance": 0.7,
+      "errors": [
+        {
+          "messageId": "multipleOf-message",
+          "messageParams": { "multipleOf": "0.6" },
+          "instanceLocation": "#",
+          "schemaLocations": ["#/allOf/0/multipleOf", "#/allOf/1/multipleOf"]
+        }
+      ]
     }
   ]
 }