Estimate the product
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In order to estimate the products, we need to round of the given numbers. For estimating the products, we first round off the multiplier and the multiplicand to the nearest tens, hundreds, or thousands and then multiply the rounded numbers.
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What is estimation ?
→ Estimate is the calculation of "probable cost" of the project. It includes the calculation of "quantities required" and "expenditure" likely to be incurred in the construction of work.
The main purpose of an estimate is to decide whether the project should be undertaken or not.
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