| Places | Thousands | Hundreds | Tens | Ones | Tenths | Hundredths | |
|---|---|---|---|---|---|---|---|
| Number | 7 | 8 | 5 | 6 | . | 2 | 3 |
| Rounded Number | 7 | 8 | 5 | 6 | . | 2 |
- 2 is in the tenths place and 3 is in the hundredths place
- Since the digit in the hundredths place (3) is less than 5, the digit in the tenths place (2) does not change
- The digit in the hundredths place is dropped
- 7,856.23 rounded to the nearest tenth (one decimal place) = 7,856.2
