When to round a big number up or down, and how to estimate sums and differences.
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When is a rounded number good enough? The Chintamani population example.
Have you ever read a headline like "1 lakh people visited the book fair!"? Did exactly people walk through the gates?
Very often, exact numbers are not required. We use an approximation because it is sufficient to give a quick idea of how big the quantity is without getting lost in the details.
Rounding up or down to a simpler nearby number.

When we round up, we choose a larger, simpler number that provides a safe margin for our needs.
When to round up and when to round down.
Find the nearest lakh and crore.
For the number , what is the nearest lakh?
Estimate sums and differences using rounded numbers.
When working with large numbers, it is often useful to estimate the answer before calculating the exact sum or difference.
By rounding the numbers first, we can find a safe range (upper and lower bounds) where the exact answer should naturally fall.
Worked example: estimate 4,63,128 + 4,19,682.
Problem. Estimate the sum of and to find the approximate range where the answer will fall.
Estimate 14,63,128 – 4,90,020, with a worked start.
To estimate the difference , we can round both numbers to their nearest lakh. We round to and to . Subtracting these rounded values tells us the difference is near . Because of how we rounded, we can reason that the exact difference will be slightly greater than .