What is Mathematics?
Mathematics provides a system of logic which is helpful in analyzing many theoretical and practical problems in any science including social sciences and humanities.
Importance of Business Mathematics?
1. It helps you know the financial formulas, fractions, measurements, involved in interest calculation, hire rates, salary calculation, tax calculation etc which help complete business tasks efficiently. Business Mathematics also includes statistics and provides solution to business problems.
2. Mathematics helps us understand the world and provides an effective way of building mental discipline. Math encourages logical reasoning, critical thinking, creative thinking, abstract or spatial thinking, problem solving ability and even effective communication skills.