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###### Course Contents

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.

###### Course Synopsis

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.

###### Course Learning Outcomes

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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###### 3 Linear equations with 3 variables

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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
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
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 : How to Graph Equations
Type : Presentation

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Title : Graphing and Substitution
Type : Presentation

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Type : Presentation

Title : Introduction to Ratio and Proportion
Type : Presentation

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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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