what would $48.50 be rounded to the nearest tenth?

Well, taking the unneeded zero off the end might help you look at it easier.

$48.5

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Currently, the 5 is in the tenth place. If you add .1 (one tenth) then it would be $48.6. When rounding, if the number in the tenth place is a 5 or higher, (like it is in this situation) is is going to be rounded to the next tenth. So, we need to do just that.
48.5 rounded to the next tenth is...

*drumroll*

"48.6!"

Now, just add a money sign to the front and zero at the end! :)

Hope this helps!
~Brenna~

$48.5

Think of forty-eight dollars and five dimes.

Brenna,

What you just said applies to rounding to the nearest dollar, not the nearest tenth.
In other words the 48.5 leads us to 49

So when 48.5 is rounded it equals 48.6?

No.

48.50 rounded to the nearest tenth is 48.5

To round $48.50 to the nearest tenth, follow these steps:

Step 1: Identify the position of the digit you want to round to. In this case, you want to round to the nearest tenth, which means you are rounding the digit in the tenths place.

Step 2: Look at the digit to the right of the tenths place. In this case, it is the digit in the hundredths place. If the digit in the hundredths place is 5 or greater, you round up. If it is less than 5, you round down.

Step 3: The digit in the hundredths place of $48.50 is 0, which is less than 5. Therefore, you will round down.

Step 4: Replace all the digits to the right of the tenths place with zeros. In this case, it becomes $48.50.

So, when rounded to the nearest tenth, $48.50 becomes $48.50.