How To Round To The Nearest 50 cents

Step-by-step guide on how to round a number to the nearest 50 cents. It explains the process in detail, with examples.

Steps:

To round to the nearest 50 cents, follow these steps:

  1. Multiply the amount by 2. This converts the amount to cents.
  2. Round the result to the nearest whole number.
  3. Divide the result by 2 to get the amount rounded to the nearest 50 cents.

General formula:

Nearest 50 cents = Round( Amount x 2 ) / 2

Examples:

Example 1:

Round $4.765 to the nearest 50 cents:

  1. $4.765 x 2 = 9.53
  2. Round 9.53 to 10
  3. 10 ÷ 2 = $5.00

So, $4.765 rounded to the nearest 50 cents is $5.00.

Example 2:

Round $4.218 to the nearest 50 cents:

  1. $4.218 x 4 = 8.436
  2. Round 8.436 to 8
  3. 8 ÷ 2 = $4.00

So, $4.218 rounded to the nearest 50 cents is $4.00.

With these simple steps, you can easily round any amount to the nearest 50 cents.

Round To The Nearest 50 Cents Calculator

Round to the nearest tenth and cent/s guide