| Places | Tens | Ones | Tenths | Hundredths | Thousandths | Ten Thousandths | Hundred Thousandths | |
|---|---|---|---|---|---|---|---|---|
| Number | 1 | 2 | . | 1 | 2 | 4 | 3 | 6 |
| Rounded Number | 1 | 2 | . | 1 | 2 |
- 2 is in the hundredths place and 4 is in the thousandths place
- Since the digit in the thousandths place (4) is less than 5, the digit in the hundredths place (2) does not change
- The digits to the right of the hundredths place are dropped
- 12.12436 rounded to the nearest hundredth (two decimal places) = 12.12
