Question

The head of a bank gets a salary of Rupees 5,33,02,740 per 2 months. Round to the nearest lakh.

Please give statement and answer.
Don't forget to give me step by step explanation.

Answer 1

Answer:

I think so that the answer will be 5,33,02,700

Answer 2

Answer:

5,33,00,000

Step-by-step elaboration:

5,33,02,740

⇒To round to the nearest 100,000

In this number, the Hundred Thousands figure is 3 (which I bolded) and the Ten Thousands figure is 0 ( which I bolded).

To round the number to the nearest 100,000 (1 lakh) , we must see the Ten Thousands figure— if it is 5 or more than 5, then we must add 1 to the previous Hundred Thousands figure–which is called round up. But if it's not so, we cannot add any value to the previous place(figure) which is called round down.

Here, in this number, since the Then Thousands figure is 0, that's why we cannot add any number to the Hundred Thousands figure. Rather we make it remain how it is, and replace 0 from the Unit to the Ten Thousands.

Therefore, the number we get is 53,300,000