LBS0084 - Basic Business Math
Course Description
Unlock the secrets of business success with Basic Business Math. Dive into whole numbers, fractions, decimals, percentages, and essential equations, with practical examples of commissions, markups, discounts, and more. Explore the world of graphs and delve into statistics like averages, medians, and modes. Don't just learn math -- master real world scenarios that will be useful in a thriving career. Boost your confidence and pave the way for new opportunities!
Course Outline
Part 1: Basics
- Mathematics Study Skills
- Whole Numbers
- Rounding Off Whole Numbers
- Addition of Whole Numbers
- Subtraction of Whole Numbers
- Multiplication of Whole Numbers
- Division of Whole Numbers
- Fractions
- Proper and Improper Fractions
- Addition of Like Fractions
- Lowest Common Denominator
- Addition of Unlike Fractions
- Subtraction of Fractions
- Multiplication of Fractions
- Division of Fractions
- Decimals
- Converting Fractions to Decimals
- Converting Decimals to Fractions
- Adding Decimal Numbers
- Subtracting Decimal Numbers
- Rounding Off Decimal Numbers
- Multiplying Decimal Numbers
- Dividing Decimal Numbers
- Percent
Part 2: Basic Applications
- Equations
- Formulas
Part 3: Practical Applications
- The Percentage Formula
- Solving Problems with the Percentage Formula
- Commissions
- Percent Increase (Markup)
- Percent Decrease (Markdown)
- Discount
- Sales Tax
- Property Tax
- Simple and Compound Interest
- Installment Loans
Part 4: Graphs and Statistics
- Bar Graphs
- Line Graphs
- Circle Graphs
- Statistical Math
Learner Outcomes