What is 348 times 265 ?

$$\eqalign{ & \Rightarrow 348 \times 265 \cr & = \left( {350 - 2} \right) \times 265 \cr & = \left( {350 \times 265} \right) - \left( {2 \times 265} \right) \cr & = \left\{ {\left( {300 + 50} \right) \times 265} \right\} - 530 \cr & = \left( {300 \times 265} \right) + \left( {50 \times 265} \right) - 530 \cr & = 79500 + 13250 - 530 \cr & = 92750 - 530 \cr & = 92220 \cr} $$