Description
Vocational Skill Course (VSC)
Commercial Mathematics – II
FYBCOM Semester II
As Per NEP 2020
(w.e.f. the Academic Year 2024-25)
Syllabus
Module 1 : Interest and Annuity
1. Simple Interest and Compound Interest, Compounded More than Once a Year
♦ Practical Based on Simple Interest (Finding Interest and Final Amount)
♦ Practical Based on Simple Interest (Finding Rate of Interest)
♦ Practical Based on Simple Interest (Finding Period)
♦ Practical Based on Compound Interest (Finding Interest and Final Amount)
♦ Practical Based on Compound Interest (Finding Rate of Interest)
♦ Practical Based on Compound Interest (Finding Period)
♦ Practical Based on Compound Interest where Compounding is more than once in a Year
2. Annuity, Immediate and Due, Present Value, Future Value of an Annuity
♦ Practical on Annuity Immediate and Annuity Due
♦ Practical on finding Present Value and Future Value of an Annuity
3. Equated Monthly Instalments (EMI) using Reducing Balance and Flat Interest System
♦ Practical on EMI using Reducing Balance Method
♦ Practical on EMI using Flat Interest Method
Students are Encouraged to Use Excel to Solve Practical Problems.
Module 2 : Functions in Economics and LPP
1. Concept of Real Functions : Constant Function, Linear Function, Quadratic Function
♦ Practical Based on Constant Function, Linear Function and Quadratic Function (Students will be Expected to Identify and Differentiate Between these Types of Functions)
♦ Practical Based on Graphs of Constant, Linear and Quadratic Functions
2. Concept of Demand, Supply, Total Revenue, Average Revenue
♦ Practical on Demand Function and Supply Function
♦ Practical Based on Average Revenue and Total Revenue
3. Concept of Total Cost, Average Cost and Profit Function. Equilibrium Point
♦ Practical on Total Cost and Average Cost
♦ Practical on Profit Function
♦ Practical on Equilibrium Point
4. Sketching of Graphs of (i) Linear Equation Ax + By + C = 0
(ii) Linear Inequalities.
♦ Practical on Drawing Graphs on Linear Inequalities (where Constant Term C ¹ 0)
♦ Practical on Drawing Graphs on Linear Inequalities (where Constant Term C = 0)
5. Mathematical Formulation of Linear Programming Problems up to 2 Variables.
♦ Practical on Formulation of LPP from the Given Information
♦ Practical on Maximization of a Function under the given Constraints
♦ Practical on Minimization of a Function under the given Constraints
Students are Encouraged to Use GeoGebra/Tora for Solving LPP Practical Problems.
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