Estimating in Multiplication
This is a complete lesson with teaching and exercises about estimation in multiplication, meant for fourth grade. First, students practice rounding two and threedigit numbers and money amounts and estimating products (answers to multiplication problems). Then they solve many word problems that involve estimating.
If you don't need an exact result, you can estimate. To estimate a multiplication, round some or all of the factors so that it will be easy to multiply mentally. There are no hard and fast rules as to how exactly you should round. The idea is round some of the numbers so that your new rounded numbers are easy to multiply in your head. 

Estimate 8 × 189. 189 can be rounded to 200. The estimated product is 8 × 200 = 1,600. 
Estimate 42 × 78. 42 ≈ 40 and 78 ≈ 80. The estimated product is 40 × 80 = 3,200. 
Estimate 21 × $4.56. Round the numbers to 20 and $4.50. Multiply in parts: 20 × $4 = $80 and 20 × 50¢ = 1000¢ = $10. Then add: $80 + $10 = $90. 
1. Estimate
by rounding one or both factors. Don't round both if you can calculate
in your head just by rounding one factor!
a. 5 × 69 ≈ ____ × ______ 
b. 11 × 58 ≈ ______ × ______ 
c. 119 × 8 ≈ ________ × ____ 
d. 27 × 52 ≈ ______ × ______ 
e. 7 × $4.15 ≈ ____ × ______ 
f. 8 × $11.79 ≈ ____ × ______ 
g. 25 × $42.50 ≈ _____ × _______ 
h. 9 × 17 ≈ ____ × ______ 
i. 63 × 897 ≈ _____ × _______ 
2. Estimate the cost. Round one or both numbers so you can multiply in your head!
a. 24 chairs at $44.95 per chair ≈ 
b. 512 Popsicles at 19¢ each

c. 210 meters of wire at $1.49 per meter

d. Six tennis balls that cost $3.37 each and two rackets that cost $11.90 each.

Example. If each bus can seat 57 passengers, how many buses do you need to seat 450 people?
With how many buses will your answer be 450 or a little more? This problem could be solved by division (450 ÷ 57) but instead, you can estimate using multiplication. Round the number 57 to 60, and quickly calculate: 7 × 60 = 420 and 8 × 60 = 480. It looks like 8 buses are needed for 450 people.
However, we need to check it using the exact number 57: 
3. Solve the problems using estimation.
a. An advertisement in a newspaper costs $349.
How many ads can Bill buy with $2000?
b. Renting skates at a skating
rink costs $2.85 per hour.
How many whole hours can Sandra skate for $25?
c. A can of beans costs $0.29. A bag of lentils costs $0.42.
Estimate which is cheaper: to buy eight cans of beans
or to buy five bags
of lentils.
d. Jackie needs to buy 8 ft of string for each of
the 28 students in the
craft class.
The string costs $0.22 per foot. Estimate her total cost.
This lesson is taken from my book Math Mammoth Multiplication 2. The lesson addresses the following Common Core standards for 4th grade: 4.OA.2 and 4.NBT.3.
Math Mammoth Multiplication 2
A selfteaching worktext for 4th grade that covers multiplying by whole tens and hundreds, multidigit multiplication in columns, order of operations, word problems, scales problems, and money problems.
Download ($5.10). Also available as a printed copy.