Home For AAT student members AQ 2013 AAT Level 2 (Level 5 in Scotland)
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚


Rules for Rounding Figures

aliclairaliclair New MemberRegistered Posts: 7
I am compl;eting a supplementary task for AWS Unit 31. Can anyone help me with the rules are for rounding figures when presenting amounts to a specified number of decimal places?

Thanks

Comments

  • TinylittleladyTinylittlelady New Member Registered Posts: 6
    I'm not sure if this is what you mean so I hope it helps.

    For example 1.2345678 rounded to three decimal places.

    Take the fourth number after the decimal place.

    Is it 5 or over?

    If it is 5 or over, then round up the figure before it, ie in this case 1.2345, (as the fourth figure is 5 round up the number before).
    Answer:1.235.

    If it had been under 5, then you would have rounded down, ie: left the number before as it was. In this instance 1.234

    WE WERE TAUGHT THAT WITH VAT YOU ALWAYS ROUND DOWN REGARDLESS!!

    TLL
Sign In or Register to comment.