Paper 4: Fundamentals of Business Mathematics & Statistic
1.10 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Arithmetic A man takes a loan of ` 10,000 at the rate of 6% S.I. wit ...
FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 1.11 The simple interest on 300 at the rate of 4% p.a. with that on 500 a ...
1.12 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Arithmetic FEW FORMULAE : Compound Interest may be paid half-yearly, ...
FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 1.13 A = P (1 + i)n or, 2P = P(1 + 0.05)n = P (1.05)n or, 2 = (1.05)n or l ...
1.14 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Arithmetic or, ( )^4 P^1000 1.025 = ∴ log P = log 1000 – 4log (1.025) ...
FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 1.15 Determine the time period during which a sum of 1,234 amounts to 5,6 ...
1.16 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Arithmetic Formula: (i) The present value V of an annuity P to contin ...
FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 1.17 Example 29 : The accumulation in a Providend Fund are invested at the ...
1.18 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Arithmetic Example 31 : A Professor retires at the age 60 years. He w ...
FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 1.19 A loan of 5,000 is to be paid in 6 equal annual payments, interest b ...
1.20 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Arithmetic SOLVED EXAMPLES : (T.D; n; i are given, to find A) Example ...
FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 1.21 Example 38 : The difference between interest and true discount on a s ...
1.22 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Arithmetic 1.3.1 BILL OF EXCHANGE : This is a written undertaking (or ...
FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 1.23 Example 41 : If the difference between T.D. and B.D. on a sum due in ...
1.24 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Arithmetic SELF EXAMINATION QUESTIONS Problems regarding T.D. B.D. B. ...
FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 1.25 1.3.2 AVERAGE DUE DATE Meaning Average Due date is the mean or equate ...
1.26 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Arithmetic Example 44 : Calculate Average Due date from the following ...
FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 1.27 The payments were agreed to be made by bill payable 2 months (60 days ...
1.28 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Arithmetic Solution : ‘0’ Date = 9.5.2012 Computation of Average Due ...
FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 1.29 Solution : Computation of Averge Due Date ‘0’ Date = 9.4.2012 Date of ...
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