Liberal, thanks for establishing that the longest distance between any two points is a shortcut!
And that if somebody is between you and your goal, they must be a leader.
CHICAGO MATH !!! :smack:
For restaurant tips (20% is standard for good service in these parts) I just take the first digit on the total and multiply by 2, and then adjust upward or downward intuitively. So say the total is 41.50, then 4x2 is 8 so I might end up giving 9 to make sure it’s at least 20. OTOH if the total is $48.50 I’ll just give $10 because it is almost $50, after all.
So you figure money the way Congress does.
Does anyone else have New Math by Tom Lehrer running through their heads about now?
And my favorite:
Pure genius.
When reconciling bank account statements, if you find an error that is divisible by 9, then it is most likely that you have transposed numbers in one or more of your amounts…and the quotient is the number that is also the difference between the two transposed numbers.
Ex. Right amount: 284.96
Wrong amount: 248.96
The error is 36.00, which is divisible by 9 exactly 4 times. The 4 represents the difference of the two switched numbers, 8 & 4. The 36.00 tells you that it was the tens and ones places that were switched. Now you can quickly scan each amount on the bank statement for a difference of 4 between the tens and ones places. If you find one, compare to your written amount to find the error.
RA = 34.72
WA = 37.42
The error is 2.70, divided by 9 = .30. The 3 in .30 is the difference between the two switched numbers, 4 & 7, and the 2.7 means tells you the units and tenths place were switched.
Now, let’s add the two to have an example of two errors on the same bank statement…
RA = 319.68
WA = 286.38
The error is 33.30, which is divisible by 9, which is 3.70, but it has two significant digits, which means you have more than one error with a combination of switched integers in different placeholders or an error that spans two placeholders (see other example below). A bit trickier to track down, but at least you know what to look for. Find them, correct them and then reconcile again to see if those corrections reconciled the whole statement or if they simplified the remaining errors to search for.
This also works for any pair of switched places…
RA = 69533
WA = 63593
The error is 5940, divisible by 9 for the quotient of 660. The difference is 6 and the placeholder difference is 2. (The two sixes). It gets a little sketchy for me beyond this.
This reduces the time greatly to find errors, not only in the financial world, but scientific as well dealing with large amounts of data points or data entry accuracy.
Huh? Why not just take ten percent and double it?
$41.50
10% is about $4.20
times 2 = $8.40.
Round up or down based on service.
I usually aim for 15% for average service. I get that by finding 10% and then adding half of that again. So.
$41.50
$4.20
$6.30
$7 tip