Business Mathematics

Business Mathematics Book For B.B.A Semester I of Lucknow University

The paper of Business Mathematics concentrates on the conceptual understanding of the crucial aspect of Business Mathematics. The objective of this course is to familiarize the students with the basic mathematical tools with emphasis on applications to business and economic situation. Students are expected to acquire a working knowledge in this paper. The importance o this subject is growing over the years due to various factors. While preparing the book as per new syllabus prescribed by Lucknow University, Lucknow for BBA Semester I care has been taken to present the subject matter in a logical sequence to facilitate easy understanding by the students. Small illustrations have been incorporated in each chapter to explain the concepts dealt with in the chapter. Another helpful feature is the addition of Long Answer Type Questions, Short Answer Type Questions, Objective Type Questions, and Numerical Problems with Answers at the end of each chapter which will help the students in preparing for the examination.

Business Mathematics Syllabus For B.B.A Semester I of Lucknow Universit

Unit I: Summation of sets, Arithmetical Progression : Sum of a series in A.P. Arithmetic Mean, Geometric Progression, Sum of a series in G.P, Geometrical Mean, Sum of an infinite geometric series, Permutation and combination, Fundamental rules of counting Permutation of ‘n’ different things, Permutation of thing not all different, Circular permutation, Combination of n different things r at a time, Simple problems.

Unit II: Matrix Algebra: Definition, Matrix Operations: Addition, Subtraction, and Multiplication of matrices, Types of matrices: Square, Diagonal, null, Transpose of a matrix. A determinant of a Square matrix. Singular and non-singular matrix, Co-factor matrix, adjoint of a matrix, Inverse of a matrix. A solution of a simultaneous equation by using matrices.

Unit III: Differential Calculus: Differentiation, Differentiation of a product of two functions, Differentiation of a quotient of two functions, Differentiation of a function, Differentiation of a logarithmic and exponential function, Differentiation of implicit function, Maxima and Minima, Simple problems. (Trigonometrical function are excluded)

Unit IV: Integral Calculus, Fundamental rules of integration, Integration by substitution, integration by parts. Integration by decomposition into a sum using partial fractions (Simple Problem), Simple business applications (Trigonometrical functions are excluded).

Business Mathematics Book Contents:

1. Summation of Sets
2. Arithmetic Progression
3. Geometric Progression
4. Permutation and Combination
5. Matrix
6. Matrix Inverse and Simultaneous Equations
7. Differential Calculus
8. Maxima and Minima
9. Integral Calculus
10. Definite Integral
11. Applications of Integration in Business