This is an authentic and comprehensive textbook covering the entire syllabus. This book equips the students with various mathematical techniques and the application of these techniques to business problems.

The emphasis is made on the concept and application rather than deriving the various formulae. The book lays a foundation for developing their skills in analyzing and interpreting mathematical statements.

This book aims to fulfil the requirement of students for undergraduate courses in commerce and management.

The Present Publication is the 2^nd Reprint Edition, authored by Dr S.R. Arora & Dr Kavita Gupta, with the following noteworthy features:

• [Simple, Systematic & Lucid Language] The subject matter is presented in a simple, systematic method and lucid language to explain the concept and application.
• [Comprehensive Step-by-step Explanation] for easier understanding of all the topics
• [Illustrations & Examples] in each chapter are incorporated to provide a thorough understanding
• [Solved Examples] are included in each chapter
• [Excercises with Hints & Detailed Answers] to understand the problem thoroughly
• [Student-Oriented Book] This book has been developed keeping in mind the following factors:
  • Interaction of the author/teacher with their students in the classroom
  • Shaped by the authors’/teachers’ experience of teaching the subject matter at different levels
  • Reactions and responses of students have also been incorporated at different places in the book

Contents of this book are as follows:

• Percentage, Profit and Loss, Ratio and Proportion
• Sampling and Sampling Distribution
• Formation of Frequency Distribution and their Graphical Representation
• Measures of Central Tendency
• Measures of Variation and Skewness
• Measurement of Scale
• Set Theory
• Relations and Functions
• Theory of Probability
• Permutation and Combinations
• Progressions and Series
• Index Numbers
• Mathematics of Finance
• Application of Derivatives
• Tables
  • Amount of an Annuity
  • Present Value of an Annuity
  • Logarithms