Revised Syllabus For the Session 2021-22

BUSINESS MATHEMATICS AND STATISTICS

FIRST YEAR PAPER-1

Course Inputs

Unit-I Business Arithmetic:

1. Profit and Loss: Concept, Calculation of Selling Price, Cost Price, Profit or Loss percentage, Concept & Types of Price, Discount.
2. Partnership: Concept, Characteristics, important terms, types of partnership, calculation of Profit Sharing Ratio.

• Logarithm: Concept, Features, Properties, types & methods of Logarithm, Laws of Logarithmic Operation, Determination of Log & Antilog under the common logarithm system, interpolation of logarithms, Methods of Logarithm.

1. Simple & Compound Interest: Concept, Types, Calculation of simple interest, Concept & features of Compound Interest and calculation of compound interest. (Simple problems only).

Unit-II Business Arithmetic

1. Stock & Share: Concept, Features, Classification of Stock and Shares, Share Vs Stock, calculation of Dividend, Yield, income, cost of investment, Nominal and Market value of Shares, ex-dividend and cum dividend price of a share.

Unit-III Business Statistics:

1. Conceptual Framework of Statistics: Meaning, Definition, Origin & Growth
2. Characteristics, Scope & functions of Statistics

Unit-IV Business Statistics:

1. Data: Types of Data – Primary and Secondary Data
2. Methods of Collection of Primary & Secondary data . .

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