Overview
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###### Course Contents

1. 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 in business environment. 2. 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. 3. 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. 4. Non Linear equations and their applications. Non Linear Functions- Introduction: Quadratic Functions, Characteristics and their Applications, Polynomial Functions. 5. 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. 6. Derivatives-Functional notation, derivatives of functions, determination of Maxima, Minima and point of inflection and their application. 7. 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. 8. 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.

###### Course Synopsis

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

###### Course Learning Outcomes

Upon the successful completion of this course, students will be able to grasp on: • Mathematical Function • Building and solving linear and quadratic equations • Types of functions • Matrices and its applications

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###### Comparing Simple and Compound Interest

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Book Title : Applied Mathematics for Business, Economics and the Social Sciences
Author : Frank S. Budnick
Edition : Latest Edition
Publisher : Mc Graw Hills

Edition : 3rd Edition
Publisher : Farooq Kitab Ghar

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
Edition : Latest
Publisher : Farooq Kitab Ghar

Title : Rules of Differentiations
Type : Presentation

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Title : Introduction to Compound Interest
Type : Presentation

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Title : Rules of Differentiations
Type : Presentation

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Title : Word Problems into Equations
Type : Presentation

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Title : Solving Quadratic Equation using Different Methods
Type : Presentation

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Title : Solving Quadratic Equation By Completing Square
Type : Presentation

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Title : Word Problems_Age
Type : Presentation

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Title : Word Problems_two Equations
Type : Presentation

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Title : Drawing Graph with two Linear Equations
Type : Presentation

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Title : Graphing and Substitution
Type : Presentation

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Type : Presentation

Title : Ratios Word Problems
Type : Presentation

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Title : Simplifying Ratios
Type : Presentation

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Title : Calculation of Markup on sales and Cost
Type : Presentation

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Title : Calculation of Simple Interest
Type : Presentation

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