Business Mathematics

A well-defined collection of different data and objects is known as a set. The objects of the data belong to the same group but each data is different from the other. While exploring more about sets, an individual needs to understand the concept of the union of a set, the intersection of a set and […]

Introduction A matrix is the arrangement of numbers or digits or any other forms of mathematical expression like signs, symbols, etc in a rectangular formation that represents the properties of a specific mathematical dataset. These could be used in mathematics, computer language, and so on. In linear algebra, there are several types of matrices. The

Introduction The triangle inequality theorem tells us about the correlation between the triangle’s three sides. Let us suppose a triangle with the length of the sides given as a, b and c, then as stated in the theorem, the sum of two sides will be greater than or could be equal to the third side

Introduction Money is the most important element in the whole world. Both at the macro and micro levels, money plays the most important role in business, finance, and economics. Therefore, a better study of the value and nature of money is very crucial. The time value of money is therefore a concept that explores the

Through this article, we’ll learn about tangents. A tangent is a line that simply touches a curve or a circle from the outside. It is solely by means of tangent that we can articulate the slope of a curved function. We’ll also be discussing the properties of a tangent. The role tangent plays in geometry.

Series is defined as the sum of all given sequence numbers. The series can be finite or infinite depending upon the sequence of the numbers. For the given sequence as  2, 4, 6, … the series for this sequence will be 2+4+6+… There are two types of progression in series. Arithmetic Progression Geometric Progression  The

What are Complex Numbers? Complex number is part of the number system containing real numbers along with imaginary numbers. A complex number is denoted by i which is equivalent to the root of -1. Every complex number can be expressed with an addition of two variables along with i  where the two variables are real

What is a Sinking Fund? A sinking fund is a type of fund that owners set aside to meet a specific requirement. The requirement may be paying off a loan or investment. Mostly the business which has debts in their balance sheet uses the funds to pay off the debt in the near future. This

When two or three variables are together in two linear equations, it is a simultaneous linear equation. It is in the ordered pair (x, y). We take these equations to find a standard solution. For example, we draw two linear graphs and find out their intersection point. For finding values of two or more equations,

“Sets, relations, and functions” is one of the most important topics in set theory in mathematics. Sets, relations, and functions are three different words with different mathematical meanings but are all equally important for JEE mains preparation. Let’s take a closer look at the topic in this article to gain a better understanding. How to