This is one of the questions asked for Junior Trader position at prop. trading firm.
Perform the following operation.
4.3 * 0.58 + 2.0E-5 - 0.9
How can one perform calculations so fast in their mind? I tried learning vedic maths tricks (which are supposed to be the shortcuts for calculations) but they also seems to take time (which won't work for such time crunch calculations).
Any other way to simplify multiplication, division of two digit numbers?
PS: Tests are rigorous. Time limit per question was max 10 sec.
EDITED: No pen, pencil and paper. No calculator. All has to be done mentally.
Heres how I would do it, though I can't guarantee that it's fast, and whether you can do it in your mind totally depends on you:
$4.3\cdot0.58+2\cdot10^{-5}-0.9$
The only really tricky part is the fist term. I would calculate $43\cdot 58$, which is $40\cdot 58+3\cdot 58=10\cdot 232+174=2494$
Of course we divide by $10$ three times to get back to $2.494$. Subtract the $0.9$ to get $1.594$, and add $0.00002$ to get $1.59402$.
I'm sorry if that's not satisfactory, but I really don't see any shortcut (at least in general). I don't think insanely fast calculation can necessarily be 'taught' any more than simple practice, and tricks such as the one here where we made the problem a bit simpler by multiplying integers first. Frankly I also don't see the utility in spending time multiplying numbers by yourself, although thats totally a personal choice if that's what you want.
Hope that is of some use.