| Places | Ones | Tenths | Hundredths | Thousandths | Ten Thousandths | Hundred Thousandths | Millionths | |
|---|---|---|---|---|---|---|---|---|
| 1 | ||||||||
| Number | 0 | . | 0 | 4 | 6 | 8 | 7 | 5 |
| Rounded Number | 0 | . | 0 | 5 |
- 4 is in the hundredths place and 6 is in the thousandths place
- Since the digit in the thousandths place (6) is greater than or equal to 5, add 1 to the digit in the hundredths place (4)
- 1 + 4 = 5, so the digit in the hundredths place becomes 5
- The digits to the right of the hundredths place are dropped
- 0.046875 rounded to the nearest hundredth (two decimal places) = 0.05
