Banking

 Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more

Relation Between Arc Radius And Angle

 Relation between arc radius and angle     Arc length   =   [radius • central angle (radians)] Arc length   =   circumference • [central angle (degrees) ÷ 360]     Proof of the trigonometric ratios of complementary allied angles Two acute angles are complementary to each other if their sum is equal to 90°. In … Read more

Direction Test

 Direction test     Introduction: There are four main directions – East, West, North and South as shown below:         There are four cardinal directions – North-East (N-E), North-West (N-W), South-East (S-E), and South-West (S-W) as shown below:       Key points   At the time of sunrise if a man stands facing the east, his shadow will be towards … Read more

Hcf And Lcm

  HCF & LCM HCF & LCM are acronym for words, Highest common factor and Lowest common multiple respectively. 1. H. C. F While we all know what a multiplication is like 2 * 3 = 6. HCF is just the reverse of multiplication which is known as Factorization. Now factorization is breaking … Read more

Number System, Fractions

 Data analysis Data analysis is a primary component of data mining and Business Intelligence (BI) and is key to gaining the insight that drives business decisions. Organizations and enterprises analyze data from a multitude of sources using Big Data management solutions and customer experience management solutions that utilize data analysis to transform data … Read more

Calculation Of Interest On

 calculation of interest on/in savings account, fixed deposit account and recurring deposit account Saving account Interest rate calculation Formula  Daily interest = Amount (Daily balance) * Interest (3.5/100) / days in the year. Earlier method of interest rate calculation   Earlier, banks would pay interest at the rate of 3.5% p.a. on the … Read more

Hcf And Lcm

  HCF & LCM HCF & LCM are acronym for words, Highest common factor and Lowest common multiple respectively. 1. H. C. F While we all know what a multiplication is like 2 * 3 = 6. HCF is just the reverse of multiplication which is known as Factorization. Now factorization is breaking … Read more

Mensuration (revised)

 MENSURATION Mensuration is the branch of mathematics which deals with the study of different geometrical shapes, their areas and Volume. In the broadest sense, it is all about the process of measurement. It is based on the use of algebraic equations and geometric calculations to provide measurement data regarding the width, depth and volume … Read more

Number System

 Number system 1. Basic Formulae  (a + b)(a – b) = (a2 – b2) (a + b)2 = (a2 + b2 + 2ab) (a – b)2 = (a2 + b2 – 2ab) (a + b + c)2 = a2 + b2 + c2 + 2(ab + bc + ca) (a3 + b3) = (a + b)(a2 – ab + b2) (a3 – b3) = (a – b)(a2 + ab + b2) (a3 + b3 + c3 – 3abc) = (a + b + c)(a2 + b2 + c2 – ab – bc – ac) When a + b + c = 0, then a3 + b3 + c3 = 3abc   2. Types of Numbers I. Natural Numbers Counting numbers 1,2,3,4,5,…1,2,3,4,5,… are called natural numbers   … Read more

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