In the dynamic landscape of modern education, the integration of
mathematics and statistics into the business curriculum is vital for nurturing
analytical skills and informed decision-making. This book, Business
Mathematics-I, is meticulously crafted in accordance with U.G.C.
guidelines and the revised syllabus of Savitribai Phule Pune University,
effective from June 2024-25, under the National Education Policy
(NEP-2020) offered by the Faculty of Science and Technology as Open
Electives (OE-103) for other faculty. It aims to serve as a comprehensive
resource for First Year Bachelor of Arts (FYBA), Bachelor of Commerce
(F.Y.B.Com.), and other relevant programs.
The study of business mathematics and statistics is indispensable for
students aspiring to thrive in various fields, including commerce, finance,
and data analysis. Recognizing the diverse interests and career paths
of students, this book also caters to those pursuing Open Elective (OE)
subjects. It encompasses a broad spectrum of essential topics by providing
a comprehensive understanding of these subjects, the book ensures that
students are well-equipped with the knowledge and skills needed to
succeed in today’s competitive environment, regardless of their chosen
field of study.
Recognizing the diverse learning styles of students, this book adopts
a practical approach, emphasizing real-world applications and problemsolving
techniques. Each chapter includes numerous examples, and
exercises to facilitate understanding and reinforce learning. The inclusion
of clear explanations and step-by-step solutions aims to demystify complex
concepts and empower students to apply these skills in practical scenarios.
We extend sincere gratitude to to Mr. Rangarao Patil, Directors,
Prashant Publication, the charming personality Mr. Deepak Patil, and their
entire publication team for their support and dedication in bringing this
book to fruition. Their commitment to quality publishing and guidance
throughout this journey has been invaluable. we also express heartfelt
appreciation to the faculty members who contributed valuable insights
to the development of this book, ensuring its alignment with the latest
educational standards and practices. Additionally, we are thankful for the
encouragement and support of colleagues, family, and friends throughout
this endeavor.
Thank you for choosing this book as your guide in the fascinating
world of Business Mathematics.