Finding the last two digits is the same as finding the remainder when the number is divided by 100.
You can write

If you expand

using binomial theorem, all the terms will be
divisible by 100 except the terms

and -1
i.e.

is of the form 100k+4989 = 100k+4900+89 = 100k'+89.
So

=

is of the form (100k'+89)*3 = 100k"+47.
So 4,7 are in the tens place and units place respectively