﻿ Definition and examples approximate | define approximate - algebra 1 - Free Math Dictionary Online

# Approximate

## Definition of Approximate

Approximate is an estimation of a number or rounding a number to its nearest place value.

• For a number that ends with a digit less than 5: Round down the number to the lower number that ends with 0.
• For a number that ends with a digit greater than or equal to 5: Round up the number by adding 1 to that digit.

### Examples of Approximate

• 234 rounded to the nearest tens is 230: As the digit in the ones place is less than 5, we round down the number to 0.
• 4589 rounded to the nearest hundreds is 4600: As the digit in the hundreds place is 5, so we round up the number by adding 1 to that digit.

### Solved Example Clockple on Approximate

A. \$5,300
B. \$6,000
C. \$4,000
D. \$5,000

#### Solution:

Step 1: Justin's earnings = \$8,265
Step 2: 8,265 ∼ 8,300 [Round to the nearest hundreds.]
Step 3: Justin's savings = \$3,325
Step 4: 3,325 ∼ 3,300 [Round to the nearest hundreds.]
Step 5: 8,300 - 3,300 = 5,000 [Total earnings - Total savings = Expenditure.]
Step 6: Justin spends about \$5,000 every month.

A. \$50,000
B. \$40,000
C. \$30,000
D. \$3000