Solving large multiplications in my head

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What would be the best approach to solve 73 x 42 in my head?

I started with 70 x 40 and then 3 x 40 and combined, but at this point I forgot what I had done and ended up getting lost and not figuring it out.

Is there a good method for solving multiplication as such in my head?

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I would double $73$ to get $146$, and then double it again to get $292$. I take advantage of the fact that doubling a number in your head is relatively easy since you only have to remember one number at a time. Then I would multiply that result by ten to get $2920$. This is $73\times 40$. Now I just need to add $2\times 73$, which we already calculated as $146$. Adding, we get $2920+146=3066$.

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Many mental calculators do mutliplications from left to right this way : \begin{array}{r} 73\\ \times\; 42 \end{array}

\begin{array}{c l} \text{'cross' computation} &\text{ partial result}\\ 7\cdot 4=28 & 28\\ 7\cdot 2+3\cdot 4=26 & 306\\ 3\cdot 2=6 &3066 \end{array}

Other example : \begin{array}{r} 237\\ \times\;543 \end{array}

\begin{array}{c l} \text{'cross' computation} &\text{ partial result}\\ 2\cdot 5=10 & 10\\ 2\cdot 4+3\cdot 5=23 & 123\\ 2\cdot 3+3\cdot 4 +7\cdot5=53 &1283\\ 3\cdot 3+7\cdot 4=37 & 12867\\ 7\cdot 3=21 & 128691\\ \end{array}

To compure the square of a number use $a^2=(a+b)(a-b)+b^2$.
For example $$78^2=80\cdot 76+2^2$$

Other methods and examples in this MSE thread.

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Your method is good. But keep the idea that (x10 + y)(a10 + b) = xy*100 + (10a)y + (10x)b + by. In other words there will be four things to do.

So 73*42. 1) 70*40 + 2)70*2 + 3)3*40 + 4) 2*3

which is still hard.

but you can do short cuts to simplify. Try to get close to 50 and 25 because those factor into 100 nicely:

73*42 = 73*(50 - 8); 73*50 is 7300/2 is 3650. Put that in the back burner.

Subract 8*72. That's 4*144 = 2*288 = 560 + 16 = 576

Subtract from, what was it, oh yeah, 3650. 3650 - 576 = (3650-500) - 76 = 3150 - 76 = 3100 - 26 = 3066.

There's also:

73*42 = (75 - 2)*42; 75*42 = 150*21 = 3000+ 150 = 3150. 2*42 = 84. 3150 - 84 = 3100 - 34 = 3066.

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Another way of doing these is to change the numbers to something close but simpler to calculate, add or subtract the required amounts, and expand brackets, so in this case $$73\times 42=(75-2)(40+2)=75\times 40-2\times 40+2\times 75-4=3000+70-4=3066$$