Rounding to the nearest place value Place value chart Step 1: Locate the digit in front of the place you are to round the number to. Thus if hundred thousand, locate the digit in the ten thousand, if ten thousand, locate the digit in thousands, etc. Step 2: If the digit in front is 5 or more, add 1 to the digit of the place you are rounding to but if not maintain the digit. Step 3: Replace the digit in front of the place you are to round the number to by zeros (0s) If there is a decimal part, it is ignored. The digit in front of the hundreds is 4 which is less than 5 , hence the digit at the hundredth place value is maintained and the tens and ones are replaced by 0 s . 48,947.2547=48,900