Look at the third decimal place. It is a 5, so it will round up the second decimal to give 0.69 as your answer.
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It means to round a decimal number to its nearest hundredth place as for example 2.125 rounded to 2 decimal places is 2.13
It is 0.86 when rounded to 2 decimal places
0.275 rounded to 2 decimal places is 0.28.
To round 7.4625 to 2 decimal places, you look at the third decimal place, which is 2 in this case. Since 2 is less than 5, you do not need to round up the last decimal place. Therefore, 7.4625 rounded to 2 decimal places is 7.46.