Centa means 1/100 so you round to the nearest one hundredth.
Examples:
4.387 becomes 4.39
2.8425 becomes 2.84
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.08 or 8 centavos. If the cut off digit is 5-9 round up. If the cut off digit is 0-4 round down.
Round off to the nearest cent, means round off to the nearest hundredths or round off to two decimal.
if you round off to the nearest one then its 41, if you round off to the nearest ten, it is 40.
96 round to the nearest ten=100
It is 87.79 rounded off to the nearest hundredth