| Places | Hundreds | Tens | Ones | Tenths | Hundredths | Thousandths | |
|---|---|---|---|---|---|---|---|
| 1 | |||||||
| Number | 5 | 0 | 2 | . | 7 | 6 | 5 |
| Rounded Number | 5 | 0 | 2 | . | 7 | 7 |
- 6 is in the hundredths place and 5 is in the thousandths place
- Since the digit in the thousandths place (5) is greater than or equal to 5, add 1 to the digit in the hundredths place (6)
- 1 + 6 = 7, so the digit in the hundredths place becomes 7
- The digit in the thousandths place is dropped
- 502.765 rounded to the nearest hundredth (two decimal places) = 502.77
