Rounding to the nearest hundredth involves approximating a decimal number to the nearest value that ends in two decimal places. It helps in simplifying complex numbers and presenting them in a more manageable form.
In various real-world applications, such as finance, measurements, and scientific calculations, precision is essential. Rounding to the nearest hundredth ensures that numbers are expressed with just the right level of accuracy for a given context.
To round a number to the nearest hundredth, follow this simple formula:
Identify the digit in the thousandth place.
If the digit in the thousandth place is 5 or greater, round the hundredth place up by 1.
If the digit in the thousandth place is less than 5, leave the hundredth place unchanged.
Original Value: 7.236
Rounded Value = 7.24
Original Value: 12.876
Rounded Value = 12.87
Original Value: 3.589
Rounded Value = 3.59