Look at the third decimal place. If it is under 5 (as it is in this case), it rounds to .07. If the third decimal place was 5 or higher, it would round to .08.
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11.25 is already two decimal places.
To round 1.55 to two decimal places, you need to look at the third decimal place, which is 5 in this case. Since 5 is equal to or greater than 5, you round up the second decimal place by adding 1 to it. Therefore, 1.55 rounded to two decimal places is 1.56.
rounded to two decimal places after the decimal point: 6.73
Rounded to two decimal places, 3.8978 is approximately equal to 3.90.
Round it up - to 0.05