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Hi, Instead of saying £100,000 x (95-92/400) which gives £750, incase we forget the 400 bit in the exams, can we also do this £100,000 x (95-92/100) x 3/12 which gives the same result as £750? Please advise. Thanks
Only relevance for 3 month in exam, so remeber to divide 400.
But dividing by 100 and then multiplying by 3/12 (or 1/4) is exactly the same as dividing by 400
If you find it easier to remember than fine!
Simple and straight forward. Good job…..
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Thanks a lot.
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