Here we will explain and show you a fast and uncomplicated way to round £20.01 to the nearest pound.
The key to rounding any amount of pounds is to look at the fractional pence amount, which in this case is 1 penny. Furthermore, the rule is that you round down if it is less than 50 pence, and you round up if it is 50 or more pence.
£20.01 rounded down to the nearest pound is £20, and £20.01 rounded up to the nearest pound is £21. Because 1 penny is less than 50, we round £20.01 down to get it rounded to the nearest pound:
£20.01 ≈ £20
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