The method you describe would only be suitable for small installations though I would calculate on all circuits multiplied by 0.42.
Example:
Upstairs ring 32amp
Downstairs ring 32amp
Kitchen 32amp
Upstairs lights 6amp
Downstairs lights 6amp= 32+32+32+6+6 = 108
108x 0.42=45.36 rounded up to the highest round number = 46amp.
Your method = 108 divided by 40 =2.7amp
This method can only be used as an estimate, proper calculation can never be neglegted. In mathamatics engineers and mathmaticians use all kinds of tricks to estimate an answer which is what you have been instructed to do, and I have done in my example, this is only the first stage in proper calculation, it must be backed up by the proper calculation and the estimate is used to verify the calculation.
Designers of installation often use the data to design within the limits of the supply and demand.
Doc Hudson has raised a very good point and raised a flaw in calculating maximum demand using the above described methods.
Lets take an old installation (domestic) that has four circuits, 30 amp for sockets, 40 amp for shower, 6 amp for lights and 6 amp for alarm.
Based on estimated calculation described above
30+40+6+6=82 =82x0,42 = 34.44 rounded to higher full number = 35amp.
Now lets split the circuits and install a new consumer unit.
Up and down ring circuits, Kitchen circuit,up and down lighting circuits, alarm.
Thus
32+32+32+6+6+6 = 114
114x0.42= 47.88 rounded to full number 48amp.
So just by installing a consumer unit we have added to the maximum demand of the property? The maximum demand on our example has increased by 13amp by the simple addition of a new board.
Maximum demand and diversity has been given as a guide to those who are unable to design properly, it sets out the basics without the requirement to possess a degree in engineering, it is based on safe restrictions and is very often over estimated compared to an electrical engineers design.
For an experiment put everything you can on, and use a clamp meter to register the total demand in your home, I think you will be surprised by the results, better still if you have test equipment that records demand take results through the day and just see how low the readings are.