Use of Ratios, Proportion and Percentages in real world scenarios: Introduction to ratios, types, solution, use and scope in business environment. Proportion: Types, solution, use and scope in business environment, Percentages: solution, use and scope. Equations: Basic Concept, Operations on an Equation, Statement Problems, • Simultaneous Equations: Form, Solutions of Simultaneous Equations, Equations with three unknowns, Two Equations in three unknowns, Statement Problems in two unknowns. • Linear Equations: Characteristics of Linear Equation, Graphical characteristics, writing of the linear equation: Slope-intercept form, slope and point formula, two point formula, determining the equation of a Straight Line Linear Equations involving more than two variables. • Non-Linear equations and their applications • Non-Linear Functions- Introduction: Quadratic Functions, Characteristics and Their • Applications, Polynomial Functions. • Graphs of Algebraic Functions: Rectangular co-ordinates, Graph of an Equation, General Equation of a straight line, Graphical solution of a straight line, Graphical solution of Simultaneous Equations, Graphs of second and higher degree equations, Graphical solution of a Quadratic Equation. • Derivatives-Functional notation, derivatives of functions, determination of Maxima, Minima and point of inflection and their application. • Mathematics of Finance I – Percentage, Simple Interest and Simple Discount: • Percentage Mark-up, Simple Interest and Present value, Simple Discount, Discounting Negotiable Instruments, Application: Numerical Questions and Statement Problems. • Mathematics of Finance II – Compound Interest • Section A – Compound Amount: Definitions, Compound amount formula, Use of Compound Interest Tables, Number of Periods and Interest Rate, Effective Rate of Interest, Equivalent Rates, Depreciation by Reducing Balance Method, Application: Numerical Questions and Statement Problems. • Section B – Present Value at Compound Interest: Present Value Formula, Application on discounting interest bearing notes, Numerical Questions and Statement Problems.

This course is built upon the mathematical concepts, principles and techniques that are useful in management . The main objectives of the course are to enhance students’ competency in application of mathematical concepts in solving managerial problems and to improve their level of quantitative approach.

Upon the successful completion of this course, you should be able to grasp the topics of: • Mathematical Function • Building and solving linear and quadratic equations • Derivatives application in Profit maximization and cost minimization. • Financial concepts like simple and compound interests, depreciation and Present values.

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Book Title : Applied Mathematics For Business, Economics And The Social Sciences

Author : Frank S. Budnick

Edition : Latest

Publisher : McGraw-Hill, INC.

Book Title : Business Mathematics for students of finance and Management

Author : Mirza Mohammad Hasan & Mohammad Ali Mirza

Edition : Latest

Publisher : Farooq Kitab Ghar

Title : Introduction to Compound Interest

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Title : Solving Equations with 3 Variables

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Title : Word Problems into Equations

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Title : Solving Quadratic Equation using Different Methods

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Title : Solving Quadratic Equation By Completing Square

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Title : Word Problems_Age

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Title : Word Problems_two Equations

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Title : Drawing Graph with two Linear Equations

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Title : How to Graph Equations

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Title : Graphing and Substitution

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Title : Graphing Quadratic Equation

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Title : Introduction to Ratio and Proportion

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Title : Ratios Word Problems

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Title : Simplifying Ratios

Type : Presentation

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Title : Calculation of Markup on sales and Cost

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Title : Calculation of Simple Interest

Type : Presentation

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