Here $y$ satisfies $dy/dx = 1/x$, so the quantity asked for is just the definite integral $\int_1^2 (1/x)\,dx$, evaluated approximately by adding up the areas of four small trapezoids of width $h = 0.25$ instead of integrating exactly.
Split $[1, 2]$ into four equal strips of width $0.25$: $[1, 1.25]$, $[1.25, 1.5]$, $[1.5, 1.75]$, $[1.75, 2]$. First list $f(x) = 1/x$ at the five boundary points:
Each strip is approximated by a trapezoid, and its area is the average of the two end heights times the width $h$:
Add up the four strip areas to get the total integral estimate:
$$ 0.22500 + 0.18333 + 0.15476 + 0.13393 = 0.69702 $$Let's summarize:
Rounded off to two decimal places, the value of the integral is $0.70$.