Business Mathematics

Unit

Title and Contents

No. of Lecture Hours

1

Ratio, Proportion, Percentage

1.1 Introduction to Ratios and Proportions, Applications of Ratios and Proportions, Percentages and its Applications.

1.2 Concept of Commission and Brokerage, Types of Commission, Partnership, Practical Applications.

15

2

Interest and Dividend

2.1 Simple interest and compound Interest.

2.2 Equated Monthly Instalments (EMI), EMI on Reducing  Balance, EMI on Flat and Floating Rate of Interest.

2.3 Concept of Shares and Dividends, Types of Shares,  Problems on Dividend and Return on Investment on Shares.

15