Business Mathematics

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