University of Mumbai, Maharashtra (Mumbai University), Accounting and Finance Semester 2, Business Mathematics Syllabus

Business Mathematics

1 Ratio, Proportion and Percentage
Ratio- Definition, Continued ratio, Inverse Ratio,
Proportion - Continued proportion, Direct proportion, Inverse proportion,
Variation - Inverse variation, Joint variation
Percentage- Meaning and computation of percentage

2 Profit and Loss
Terms and formulae, Trade discount, Cash discount, problems involving cost price, selling price, trade discount, cash discount. Introduction to Commission and brokerage – problems on commission and brokerage

3 Interest and Annuity
Simple interest, compound interest,
Equated monthly instalments, reducing balance and flat rate of interest
Annuity immediate- present value and future value
Stated annual rate and effective annual rate

4 Shares and Mutual Fund
Shares- Concept, face value, market value, dividend, Equity shares, preference shares, bonus shares,
Mutual Fund- Simple problems on calculation of net income after considering entry load, exit load, dividend, change in net asset value