When rounding 7000 to two significant figures, you would look at the first two non-zero digits from the left. In this case, the first two non-zero digits are 7 and 0. Since the digit following 0 is greater than 5, you would round up the 0 to 1. Therefore, 7000 rounded to two significant figures would be 7100.
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7000 is a number with ambiguous zeroes. Written this way, we can't be sure whether or not the zeroes are significant. You have specified 2 sig figs, so we must use scientific notation.
Scientific notation specifies:
A nonzero digit (1-9) in the 'ones' place
A decimal for two or more sig figs
Every significant digit must be shown, including all significant zeroes
A factor of ten raised to a power to move the decimal to the correct place
In this case, the seven and a zero are significant.
7.0
We need to move the decimal three places to have an equivalent answer
7.0 * 103