Business Mathematics Unit 1 Notes
Business Mathematics Unit 1 Notes
Business Mathematics Unit 1 Notes
● Definition of Progression: Series or sequence of numbers which are written with a definite
order by studying a previous number we must be able to write the succeeding number , such
arrangements of numbers is called Progression.
Eg. 1,3,5,7,………
● Arithmetic Mean: The term between the two extreme values of an A.P is called Arithmetic
Mean or AM.
Eg: a, b, c here AM = b.
Problems:
23. Find the A.M between (i) 2 & 12 , (ii) 8 &16
(ANS: 7 , 12)
24. Insert 5 A.M between 14 & 86.
(ANS: 26, 38, 50, 62, 74)
25. Insert 8 A.M between 6 & 60.
(ANS: 12, 18, 24, 36, 42, 48, 54)
26. Insert 4 A.M between -2 & 23.
(ANS: 3 , 8, 13, 18, 23)
27. Insert 5 AM between -6 & 12.
(ANS: -3 , 0, 3, 6, 9)
● Geometric Progression: In a Progression , ratio of any term to its previous term is fixed
contant then it is known as Geometric progression or G.P.
Eg. 2,6, 18.
a=2 , r = 6/2= 3.
● To find the nth term of an G.P
Tn = 𝑎. 𝑟 𝑛−1
Problems:
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