Identify Fourth Decimal Digit: Identify the digit at the fourth decimal place.In the number 54.266162763, the fourth decimal place is occupied by the digit '6'.
Check for Rounding: Look at the digit to the right of the fourth decimal place to determine if we need to round up.The digit to the right of the fourth decimal place is 1. Since it is less than 5, we do not round up the fourth decimal place.
Truncate Number: Truncate the number after the fourth decimal place. After truncating the digits beyond the fourth decimal place, the number becomes 54.2661.