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  Published Paper Details:

  Paper Title

USE OF MATHEMATICAL TOOLS IN MODERN BUSINESS

  Authors

  Ms.ANJU C P

  Keywords

Mathematics, Business, Statistics and Commerce

  Abstract


Mathematics plays a vital role in managing business. Business and mathematics go hand in hand this is because business deals with money and money encompasses everything in itself. There is a need for everyone to manage money as some point or the other to take decisions which requires everyone to know mathematics. Business mathematics is used to record and manage business operations. Many Business activities like accounting, financial analysis, sales etc. are done through business mathematics. Commercial organizations use mathematics in accounting, inventory management, marketing, sales forecasting, and financial analysis. 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. Without mathematics one feels helpless in every aspect of business and commerce.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2102558

  Paper ID - 203754

  Page Number(s) - 4642-4644

  Pubished in - Volume 9 | Issue 2 | February 2021

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Ms.ANJU C P,   "USE OF MATHEMATICAL TOOLS IN MODERN BUSINESS", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.9, Issue 2, pp.4642-4644, February 2021, Available at :http://www.ijcrt.org/papers/IJCRT2102558.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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