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What is the use of commercial mathematics?
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Another meaning of business mathematics, sometimes called commercial math or consumer math, is a group of practical subjects used in commerce and everyday life.
The practical applications typically include checking accounts, price discounts, markups and markdowns, payroll calculations, simple and compound interest, consumer and business credit, and mortgages.
Commercial Mathematics
For business purposes. A business has to know how to cost a product in order to make some profit.
Before the wide use of computers, calculus was used to compute actuarial information for insurance companies.