⇒If last three digit of number ≥500, rule says, add 1 to the digit at thousand Place and replace the last three digit by 0.
⇒If last three digit of number <500, rule says, replace the last three digit by 0.
The given number=99,498
→498 < 500
Replace 498 by 000.
So, 99,498 when rounded to nearest thousand gives 99,000.
