The number is given as,

It is asked to round off the given number to the nearest hundredth.
A number is said to be in the nearest hundredth if the number contains two digits after the decimal. For this, we use the rules of rounding off till there are only 2 digits remaining after the decimal.
Consider that the last digit of the number is 5, so we drop this 5 and add 1 to its preceding digit,

Again, consider that the last digit of the number is 2, which is less than 5, so we simply drop this 2, and no change is made to the preceding digit,

Thus, the number obtained after rounding off the given number 4.4615 to the nearest hundredth, is 4.46.