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Maths in Daily Life

In: English and Literature

Submitted By sanat
Words 1563
Pages 7
Discount:
Reduction from the full amount of a price. The following are the five types of discounts which we see are:

Simple Discount: Offer a price reduction on a product by a percentage. For example, buy a shirt and receive 25 % off the original price.
Minimum Purchase Discount: Offer a price reduction on a minimum quantity purchase. For example, buy two shirts and receive 20 % off each shirt.
Buy N, Get one Free. Offer a free gift with a minimum quantity purchase. For example, buy two shirts and receive a third shirt for free•
Offer a price reduction on a product if another product is purchased. For example, buy a shirt and receive Rs.10 off a pair of jeans•
Paired Set Discount: Offer a price reduction on an item if a certain quantity of another item is purchased. For example, buy three shirts and receive 30 % off a pair of jeans•
Order Discount: Offer a price reduction or free shipping on the order total, if a certain amount is purchased. For example, buy Rs. 5000worth of merchandise, and receive 10 % off the total order.

Banking:

A system of trading in money which involved safeguarding deposits and making funds available for borrowers.* what is the use of mathematics in Banking •Bank is full of transactions. In turn the transaction is nothing but mathematics
•Banks are also involved in stocks and bonds. Bond calculations are mathematical. Stock options are also quite mathematical

Foreign Exchange market: The foreign exchange (currency) market refers to the market for currencies. Transactions in this market typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another.

*What are the rates of exchange of currencies of different countries?

Stock and Share:
In business and finance, a share (also referred...

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