Commercial Mathematics

This chapter describes important terms related to Goods and Services Tax (GST). It explains the GST rate structure and objectives and advantages of GST. It teaches the computation of tax including problems based on profit, discounts, cost price, etc.

In this chapter, we will learn the concept of banking and its types. It mentions the basic terms related to the recurring deposit account. We will also learn about the calculation of interest and maturity value on recurring deposits.

This chapter introduces the terms used for shares and dividends. It discusses the important formulas related to shares and dividends, along with numerous solved examples.