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The topics which are mainly useful in daily life are : Commercial Mathematics Algebra Statistics Calculus Number

Theory Graph Theory Geometry Mechanics


Commercial

Mathematics This include the following topics

Discount Banking Foreign Exchange Stock and Share Arithmetic ( Profit & Loss, Percentage, Ratio and Proposition , Time problems)
Discount : Reduction from the full amount of a price .
The following are the six types of discounts which we see are

Simple Discount. Offer a price reduction on a product by a percentage. For example, buy a shirt and receive 25 % off the original price. Minimum Purchase Discount. Offer a price reduction on a minimum quantity purchase. For example, buy two shirts and receive 20 % off each shirt. Buy N, Get one Free. Offer a free gift with a minimum quantity purchase. For example, buy two shirts and receive a third shirt for free. Paired Discount. Offer a price reduction on a product if another product is purchased. For example, buy a shirt and receive Rs.10 off a pair of jeans. Paired Set Discount. Offer a price reduction on an item if a certain quantity of another item is purchased. For example, buy three shirts and receive 30 % off a pair of jeans. Order Discount. Offer a price reduction or free shipping on the order total, if a certain amount is purchased. For example, buy Rs. 5000 worth of merchandise, and receive 10 % off the total order.

Banking

: A system of trading in money which involved safeguarding deposits and making funds available for borrowers. * What is the use of mathematics in Banking ?

Bank is full of transactions. In turn the transaction is nothing but mathematics Banks are also involved in stocks and bonds. Bond calculations are mathematical. Stock options are also quite mathematical.
Foreign Exchange market:
The foreign exchange (currency) market refers to the market for currencies. Transactions in this market typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another.

* What are the rate of exchange of currencies of different counties w.r.t. indian currencies?
Stock and Share :In business and finance, ashare

(also referred to as equity share) ofstoc k means a share ofownersh ip in acorporation (company). In the plural,stocks is often used as a synonym forshares A stock is at a premium ( above par) , at par or at a discount (below par ) according as its market value is greater than , equal to or less than the face value . Generally stocks are sold and purchased through brokers. The amount paid to them in selling and purchasing stocks are called Brokerage. so , C.P. = M.V. + Brokerage
Arithmetic ( Profit & Loss, Percentage, Ratio and Proposition , Time related problems):The word refers to a branch ofmathematics which records elementary properties of certainopera tio ns onnumbers Arithmetic operations: The traditional arithmetic operations areaddition, subtraction, multiplicationand division, although

more advanced operations (such as manipulations of percentages, square root, exponentiation, and logarithmic functions) are also sometimes included in this subject.

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