Everyone

Light of Learning

Ice Cream Sandwich

It consist fundamentals of business mathematics from basics to advanced. Business mathematics notes is used by accounting professionals,commercial enterprises, commercial organizations to keep records for accounts,inventory,sales,marketing,finance to manage business operations ,sales fore casting & financial analysis.

It is important to have business mathematics skills which needed to an entrepreneur, industrialist ,business men to understand, analyse, and solve mathematical problems encountered in business and finance, and in investment decision making. Business mathematics is helpful for professionals and commerce,business,management students. 

It almost cover all important topics of which are given below

Unit – 1. Ratio 

Profit Ratio 
Sacrifice ratio and gain ratio 
Invoice price 
Manager’s commission 
Discount 
Commission and brokerage 
Average, Profit and loss 

Unit – 2. Calculus 

Elementry Differentiation 
Second Order Partial Derivatives 
Maxima and Minima 
Euler's Theorem

Unit – 3. Elementary Matrices and Determinants 

Matrices & types of matrices 
Algebra of matrices 
Elementary properties of determinants 
Calculation of values of determinants up to second order 

Unit – 4. Logarithms 

Linear Programming 
Problems relating to two variables including the case of mixed constraints 
Simplex Method 
Logarithms

Unit – 5. Simple & Compound Interest and Annuities

Simple & Compound Interest 
Annuities 
Concept of present value and amount of a sum types of annuities 
Present Value with Continuous Compounding 
Problems relating to sinking fund


Business Mathematics

Остання версія Business Mathematics

Інші версії