What is three and sixty-two thousandths rounded to the nearest hundredth ?

When you write three and sixty-two thousandths into mathematical terms, that is equivalent to 3 + 62/1000. The second term can be easily determined if you move the decimal point three times to the left (because 1000 has 3 zeroes). Thus, that is equal to 3 + 0.062 = 3.062. The hundredths place digit is 6. Since 2 (next digit to 6) is less than 5, the rounded off number is 3.06.