Useful Business Mathematics
Posted by
Ravi Kumar at Thursday, August 11, 2011
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You feel difficult when you are learning this type of maths specially at the age of 11 or 12 years. When i was studying my 6th class, i was first introduced this maths.
Business maths is one of the branches of mathematics just as algebra, geometry, statics. You can also call business maths as arithmetic.
Topics like simple interest, compound interest, percentages, distances will definitely create problems. Even though it is difficult it is useful in real life. When you are buying or selling some goods, you can not calculate your profit or loss if you don't know business mathematics. When it comes to money borrowing from others(generally persons who you don't know), you should know simple interest. otherwise they may cheat you. I too have seen many such cases.