Can anyone help me solve this quant question?

Question

What is the thousandths digit in the decimal equivalent of 53/5000?

A. 0 
B. 1
C. 3
D. 5
E. 6

Jayant M · Accepted Answer

To find the thousandths digit of 53 divided by 5000, start by converting the fraction into a decimal. Multiply both numerator and denominator by 2 to get 106 over 10,000, which equals 0.0106.
Now identify the place values. The first digit after the decimal is the tenths, the second is hundredths, and the third is the thousandths. In 0.0106, the thousandths digit is the third one after the decimal, which is 0.
So the correct answer is 0. That means option A.

B.K Sharma · Answer

This one&rsquo;s all about recognizing place value.

Convert 53 divided by 5000 to a decimal
Multiply top and bottom by 2 to get 106 over 10,000
That gives you 0.0106
The thousandths digit is the third digit after the decimal
In this case, the third digit is 0

Answer is A. A quick mental check with place value rules makes this easy.