To me, it's a way of simplifying a number.
For example, I go on a car journey of 32.561km. When talking to my old Mum, I might say I went for a car trip for about 30km. In other words I rounded to the nearest 10. Later on, talking with my son, I might say, I went on a 33km car trip. It's an approximation that depends on the circumstances (certainly in practical terms).
Using money, say something costs $292.45c. I could say it's about $300 (rounded to the nearest $100), or $290 (rounded to the nearest $10) or $292 (rounded to the nearest $1)
It is very useful.
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20 rounding units. 20.0 rounding tenths 19.8 rounding hundredths 19.76 rounding thousandths 19.765 rounding tenthousandths 19.7649 rounding hundred thousandths
If you are rounding to 100ths it is 1.73 . If you are rounding to 10ths it is 1.7 . If you are rounding to integers it is 2 .
The process of rounding is the same no matter what place you're rounding to.
-- If rounding to the nearest 300, then 749 is. -- If rounding to the nearest 200, then 699 is. -- If rounding to the nearest 150, then 674 is. -- If rounding to the nearest hundred, then 649 is. -- If rounding to the nearest twenty, then 609 is. -- If rounding to the nearest ten, then 604 is.
Rounding is a form of estimation.