Sometimes it is advantageous to express a value in round numbers. To round to a particular place, look at the digit immediately to the right of the one you want to round to, in this case, the hundreds place. If that digit is 4, 3, 2, 1 or 0, zero it and everything to the right of it out. If that digit is 5, 6, 7, 8 or 9, increase your target digit by one and zero everything to the right of it out. If your target digit is 9, it will become a zero and increase the digit to the left of it by one.
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$266.67 (using the usual rounding rule of rounding up if the value is 5 or greater)
When rounding to the nearest hundreds first you look at the tens place. General rule of rounding is if the number is 4 or smaller then round down, if 5 or higher then round up. For 525, the 2 is in the tens place so we should round down to 500.
nearest ten= 660 nearest hundred= 700 basically if rounding up or down the rule of thumb is if the relevant number is 4 or lower round down and 5 or higher round up. in this case 2=down and 6=up
It depends on your rounding rules. The 'averaging rule' is this: 1) If the placement decimal value is 5 or higher, round up. 2) if the placement decimal value is 4 or lower, round down. For this rule, the above number will round to 197.1 If you use the 'truncation rule', you always drop ANY value at that point. For this rule, the above value will round to 197.0
Finding the nearest decimal