Business Mathematics

Introduction A logarithmic function is a crucial tool in mathematical calculations. John Napier, a Scottish mathematician, scientist, and astronomer, discovered logarithms in the 16th century. It does have a wide range of uses in astronomical and scientific calculations that involve large numbers. Exponential functions are closely connected to logarithmic functions, and the inverse of the […]

What is a linear equation? A linear equation is critically significant in business decision-making, creating the incorrect decision associated with the manufacturing of passing. Its revenue cost goes up to millions of dollars. Business involves such exploratory techniques to gather and explore data allowing them to build potential decisions. In such a case, this type

In this article, we’ll learn what is the objective function in linear programming problems and how it is used to solve programming problems. The objective function utilises variables. Maximising or minimising the function gives a solution for the function. Well, also see what the objective function in a linear programming problem is. In linear programming

In this blog post, we will discuss limits, continuity, and differentiability. Limits are used to determine the behavior of a function near a certain point. continuity is used to determine whether or not a function is smooth near a certain point. differentiability is used to determine how much a function changes at a certain point.

Introduction Inverse trigonometric functions can be defined as the inverse of certain functions in trigonometry. These are basically the inverse functions of cosine, sine, tangent, secant, cosecant, and cotangent functions. Sometimes inverse trigonometric functions are also referred to as anti trigonometric functions, cyclometric functions, and or arcus functions. These specific inverse functions are used for

What is an antiderivative? As the name suggests, an antiderivative is the opposite of differentiation. If we want to know the derivative of [x2] we simply use the formula d/dx [x2] and get our required answer as 2x. But, the derivative of [x2 + 1] is also x2, the derivative of [x2 + ∏] is

Indices are a convenient technique to express huge numbers more straightforwardly. They also provide us with several valuable qualities for controlling them via the Law of Indices. A logarithm is a mathematical procedure that defines how many times a given number, known as the base, is multiplied by itself to arrive at another number. Because

Introduction Do you ever feel like you’re constantly juggling numbers and trying to make sure everything is in proportion? If so, you’re not alone. ratio and proportion are two of the most fundamental concepts in business mathematics. In this blog post, we’ll discuss what ratio and proportion are and we’ll give you some tips on

What is an index and indices? An index is a number that floats on the top right-hand side of a number. This can appear on the top right-hand side as a letter or a number. An index is a singular form whereas multiple indexes make indices. Indices show how many times the letter or element

Introduction In a geometrical progression, the next number in a series can be found by simply multiplying the previous digit with a constant number. For example, 2, 4, 8, 16 can be called a geometric progression because the ratio of two continuing terms in the series remains constant.  That is, 4/2 = 8/2 = 16/2