Arithmetic errors are mistakes made during calculations involving basic mathematical operations such as addition, subtraction, multiplication, and division. These errors can occur due to misreading numbers, misplacing decimal points, or simple miscalculations. They can lead to incorrect results, which may affect further calculations or decisions based on those results. Common types of arithmetic errors include transposition errors, where digits are swapped, and rounding errors, which happen when numbers are approximated. These errors can occur in various settings, including academic tests, financial calculations, and everyday tasks like budgeting. Identifying and correcting these errors is essential for accuracy.