Business mathematics of

Business Mathematics consists of Mathematical concepts related to business. It comprises mainly profit, loss and interest. Maths is the base of any business.

What are the applications of business mathematics?

Business Maths helps in assessing the financial performance of the business.
It helps in estimating the incomes & expenditures along with the risk analysis.
It also helps in the assessment of the rivals and their key areas along with their business strategies.

What are the topics covered in business mathematics?

Commercial businesses use maths in departments of accounting, inventory management, marketing, sales forecasting and financial analysis.
The most important topics covered in Business Mathematics are:

  • Selling Price:
  • The market price is taken to sell a product.
    Cost Price:The original price of the product is the cost price.
  • What is the importance of business math?

    Business Maths helps in assessing the financial performance of the business.
    It helps in estimating the incomes & expenditures along with the risk analysis.
    It also helps in the assessment of the rivals and their key areas along with their business strategies.

    What subjects are taught in business math?

    The most important topics covered in Business Mathematics are:

  • Selling Price:
  • The market price is taken to sell a product.
    Cost Price:The original price of the product is the cost price.
    Profit:If the selling price is more than the cost price, the difference in the prices is the profit.
  • What is a Master of Science in Business Mathematics?

    Programme summary The Master of Science in Business Mathematics is designed to expand students' knowledge of theoretical and practical mathematics, business administration, and computer science


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