That's probably "round to two decimal places."
When rounding to a specific place, take a look at the digit immediately to the right of the target, in this case, the thousandths place. If that digit is 4 or less, zero everything to the right of the target out. If that digit is 5 through 9, increase the target by one and zero everything to the right of it out. If the target is a 9, increasing it will turn it to zero and increase the digit to the left of the target by one.
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The decimals of: 34.5, 34.6, 34.7, 34.8 and 34.9 all round up to 35
48.81 will round up to 49.
If the decimal is .5 or greater you round up. Such as if a number is 7.5 you round it off to 8.
You would round it UP - to read 10.00
You would round it by looking at the number in the thousandths place. If the number is 1-4, then it rounds down. If it's 5-9, then round it up.