Business Mathematics

salient features: The paper of Business Mathematics in B.Com. and BBA First year (Year-wise syllabus) concentrates on conceptual understanding of the crucial aspect of Business Mathematics. Students are expected to acquire working knowledge in this paper. The importance of this subject is growing over the years due to various factors. While preparing the book as per new syllabus prescribed for B.Com. and BBA First year care has been taken to present the subject matter in a logical sequence to facilitate easy understanding by the students.
The publishers thankfully aknowledge the contribution of Dr. Sushil Kumar Jain, M.Sc. (Maths), B.Ed. M.Phil. UGC Net,
Ph.D. in the preparation of several new chapters specially chapters on ‘Vedic Mathematics’ as per new syllabus.
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 for B.Com. First Year As per new revised (year-wise) syllabus of Various Universities of Madhya Pradesh.

B.Com. Ist Year
BUSINESS MATHEMATICS

Unit-1 Brief history of Vedic mathematics in Indian knowledge tradition, methods and practice of quick calculation of addition, multiplication, division, square and square root of numbers through Vedic mathematics, method of quick verification of answers from Digit Sum.
Unit-2 Rules for sign in Algebra and practice, Rules for calculation (BODMAS) and practice, Simultaneous Equations-Meaning,
Characteristic, types, calculations (with word problems)
Unit-3 Theory of indices (preliminary knowledge only, formulae), Logarithms and Antilogarithms-principles and calculations,
Percentage
Unit-4 Ratio, Proportion, Discount, Brokerage
Unit-5 Commission, Average, profit and loss
Unit-6 Simple interest, Compound interest

B.B.A. Ist Year
BUSINESS MATHEMATICS

Unit-1 Ratio—Gaining and Sacrificing Ratio, Proportion, Percentage, Averages—Simple and Weighted Averages.
Unit-2 Simultaneous Equations—Meaning, Characteristics Types and Calculations, Preparation of Invoice.
Unit-3 Determinants and Matrices, Matrix-Definition. Types, Basic Operations on Matrices, Transpose of Matrix. Determinants- Minors and Co factor. Adjoint and Inverse of Matrix.
Unit-4 Practical approach and application of Vedic Maths. Logarithms and Antilogarithms —Principles and Calculations. Simple and Compound Interest.
Unit-5 Commission, Discount, Brokerage and Profit and Loss

Business Mathematics Contents :

1. Brief History Of Vedic Mathematics (In Indian Knowledge Tradition)
2. Addition, Multiplication, Division, Square And Square Root Of Numbers Through Vedic Mathematics
   (Methods And Practice Of Quick Calculation)
3. Method Of Quick Verification Of Answers From Digit Sum
4. Rules For Sign In Algebra And Practice
5. Rules For Calculation (Bodmas) And Practice
6. Simultaneous Equations
7. Theory Of Indices
8. Logarithms And Antilogarithms
9. Ratio
10. Proportion
11. Discount
12. Commission And Brokerage
13. Averages
14. Profit And Loss
15. Simple Interest
16. Compound Interest
17. Sacrificing Ratio And Gaining Ratio
18. Percentage
19. Preparation Of Invoice
20. Elementary Matrices
21. Determinants–Minors And Co-Factor
22. Adjoint And Inverse Of Matrix
    ● Logarithms, Antilogarithms Tables