##315.76##
The cut of place for ##1/100ths## is the second decimal place. So the numbers we are interested in are the red ones below.
##color(red)(315.75)7##
But the 7 after the 5 is such that ##7>=5## so we round up giving
##315.76## ‘~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Another example
Suppose we had: ##color(red)(23.58)3##
The 3 is such that ##3<5## so we round down (do not change anything giving 23.58 ‘………………………………………………………. Suppose we had: ##color(red)(23.58)6##
##6>=5## so we round up giving 23.59



