A method of electropolishing and grinding the both surfaces of a circular workpiece comprises polishing and grinding the both surfaces of a circular workpiece with a pair of grindingstones which are so arranged as to oppose the polishing/grinding surfaces, the body material of the polishing/grinding surface of the grindingstones being composed of an electric conductive material wherein the grindingstones are connected to the positive pole of a power source and an electrode located in the vicinity of the grindingstones is connected to the negative pole, and a voltage is applied across the positive and negative poles, whereby a dressing operation to the polishing/grinding surfaces is conducted by the electrolysis of the pair of grindingstones during the polishing and grinding operation.