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KnowledgeCity

Business Mathematics

Subtract confusion and multiply your value by adding math skills.
Preview the first lesson free — get full access to all 59 lessons.
Course: On-Demand
Beginner Provider Nikki Paraiso  10 chapters ·  59 Lessons ·  9h 35m  in Arabic, English 

Course Description

This course is designed to meet the needs of business students who wish to gain proficiency in mathematical applications in the business world. This includes topics such as markup, depreciation, property tax, interest, and payrolls. We will also be focusing on solving word problems in an accounting and business context.

What You'll Learn

  • Apply mathematical methods to business contexts including markup, depreciation, property tax, interest, and payrolls
  • Perform fraction operations and convert between percents, fractions, and portions
  • Calculate sales, excise, and property taxes and determine percent increase and decrease
  • Compute gross pay, trade discounts, cash discounts, and partial payments under common credit terms
  • Determine markups based on cost and on selling price, plus markdowns and perishables pricing
  • Calculate simple interest, maturity value, and solve for unknowns in simple interest problems

Key Takeaways

  • The course covers mathematical applications in the business world, including markup, depreciation, property tax, interest, and payrolls.
  • Learners work through fractions, percent conversions, and finding portions before applying them to business calculations.
  • The course addresses pricing topics such as trade discounts, cash discounts, markups based on cost and selling price, and markdowns.
  • Simple interest, maturity value, and finding unknowns in simple interest are part of the course content.
  • The course focuses on solving word problems in an accounting and business context.

Frequently Asked Questions

Who is this course designed for?

This course is designed to meet the needs of business students who wish to gain proficiency in mathematical applications in the business world.

What topics does this course cover?

It covers topics such as markup, depreciation, property tax, interest, and payrolls, along with fractions, percent conversions, taxes, gross pay, trade and cash discounts, markups, markdowns, and simple interest.

Does the course focus only on calculations, or also on applying them?

The course also focuses on solving word problems in an accounting and business context.

What skills does this course help develop?

It supports skills in Business Analysis, Business Economics, Business Mathematics, Business Science, and Business Studies, and includes a Business Math Certification.