Business Mathematics
1. Ratio and Proportions, Indices and Logarithms
In this chapter, a student would learn about the Business Applications pertaining to Ratio and Proportion, Laws Of Indices, Exponents, Logarithms and Anti Logarithms.
2. Equations and Matrices
Herein a student would be acquainted with Linear Equations upto three variables along with Quadratic and Cubic Equations in one variable. Algebra of Matrices, Inverse of a Matrix and Determinants, Solving linear equations using Cramer's Rule shall also be taught to a student.
3. Linear Inequalities
In this rather easy chapter, a student would learn how to solve Linear Inequalities in one variable and also about the Solution Space.
4. Time Value of Money
In this chapter a student would grasp the intricate albeit easy to comprehend concepts of Simple Interest, Compound Interest, Depreciation, Annuity Method, Present Value, Net Present Value, Future Value, Sinking Fund, Calculation of EMI, Valuation of Bonds and also Calculation of Returns.
5. Permutations and Combinations
The elementary concept of Permutation and Combination, Factorial, Circular Permutation, Permutation with Restrictions and Combinations with Standard Results are covered in this chapter.
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6. Sequence and Series
As the name suggests, this chapter deals with Sequences, Series, Arithmetic Progression (AP), Geometric Progression (GP), Geometric Mean (GM) and Relationship between AM, GM and Sum of n terms of special series.
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7. Sets, Relations and Functions
This chapter revolves around Sets, Venn Diagrams, Product Sets, Relations and Functions, Range and Domain of a Function and Different Kinds of Functions.
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8. Basic Application of Differential and Integral Calculus
This rather gruelling chapter deals with Derivatives or Differential Coefficients, there are innumerable formulas that a student must learn along with the labyrinth concepts of Derivative of a Function of Function, Implicit Functions, Parametric Equations, Logarithmic Differentiation, Higher Order Differentiation, Derivative Applications of Differential Calculus, Integration Calculus, Substitution Method, Integration by Parts, Partial Fraction Method, Definite Integration etc.
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