600
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Oh, dude, it's like 600. You round up when the number is 50 or more, so 554 gets to party with the hundreds club. So, like, 500 is so last season, 600 is where it's at now.
To round 554 to the nearest hundred, we look at the digit in the tens place, which is 5. Since 5 is greater than or equal to 5, we round up. Therefore, 554 rounded to the nearest hundred is 600.