Mathematics in business:

Mathematics expresses itself everywhere, in almost every facet of life - in nature all around us, and in the technologies in our hands. Mathematics is the language of science and engineering - describing our understanding of all that we observe.The Mathematics Everywhere & Everyday Exhibition explores the many wonders and uses of mathematics in our lives. This exhibition is divided into nine areas focusing on different aspects of mathematics.Mathematics include the following uses in business. 1) Discount: Offer a price reduction on a product by a percentage. For example, buy a shirt and receive 25 % off the original price. Offer a price reduction on a minimum quantity purchase. For example, buy two shirts and receive 20 % off each shirt. Offer a free gift with a minimum quantity purchase. For example, buy two shirts and receive a third shirt for free. Offer a price reduction on a product if another product is purchased. For example, buy a shirt and receive Rs.10 off a pair of jeans. Offer a price reduction on an item if a certain quantity of another item is purchased. For example, buy three shirts and receive 30 % off a pair of jeans. Offer a price reduction or free shipping on the order total, if a certain amount is purchased. For example, buy Rs.5000worth of merchandise, and receive 10 % off the total order. 2) Banking: A system of trading in money which is involved safeguarding deposits and making funds available for borrowers. Bank is full of transactions. In turn the transaction is nothing but mathematics. Banks are also involved in stocks and bonds. Bond calculations are mathematical. Stock options are also quite mathematical.

3) Foreign Exchange market: The foreign exchange (currency) market refers to the market for currencies. Transactions in this market typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. 4) Stock and Share: In business and finance is ashare (also referred to asequity share) of stock means ashare of ownershipin acorporation(company). In thepluralstocksis often used as a synonym for shares. A stock is at a premium (above par) , at par or at a discount (below par ) according as its market valueis greater than , equal to or less than the face value .Generally stocks are sold and purchased through brokers. The amount paid to them in selling and purchasing stocks are called Brokerage 5) Arithmetic(Profit & Loss, Percentage, Ratio andProposition , Time related problems): The word refersto a branch of mathematicswhich records elementaryproperties of certainoperationsonnumbers. 6) In Counting Counting various quantities is one of the activities that people engage in from young. However, sometimes we wonder, just how big is one million? See how much space one million saga seeds occupy and be awed by numbers that you can relate to in your daily lives like the number of heartbeats in a typical lifetime. Sometimes, numbers can be used to fool people. Some exhibits in this section provide a few examples of wellknown mathematical tricks.

7) In Shapes, Curves & Patterns: Circles, squares and triangles are just a few of the shapes that are familiar to us through our daily lives. Discover the usefulness, beauty and 'cleanness' of the round shape, and learn more about the other shapes that can be found around us. This section also features the Mbius strip that has several curious properties. 8) In Games & Puzzles: Many, if not all puzzles and games require mathematical logic and deduction. This section uses the fun and excitement of various popular games and puzzles, and the exhilaration of solving them, to attract and engage the visitors to realise the mathematics in fun and games. 9) In Time Mathematics was developed to understand the cycles of nature as observed in the seasons. Ancient people understood the need to define time in relation to celestial movements for agricultural, astronomical, astrological and navigational reasons. This section looks at the mathematics of astronomy, its relationship to the inventions of various culturalhistorical calendars, and the division of time into units of hours, minutes and seconds. 10) The Heavens: This section looks at the mathematics of astronomy, its relationship to the inventions of various culturalhistorical calendars, and the division of time into units of hours, minutes and seconds.