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There are many uses of mathematics in businesses.

Share market is one use so if it has good mathematical statistics then it is a good company to invest in. Profits and losses is another mathematical operation. Also how much salary and other benefits like compensation, commission etc is decided by mathematical operations. Finding out how much money a company makes, interest and all that is through use of mathematics.

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Q: What is use of mathematics in business?

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role of mathematics and statistics in business decision making

Important of business mathematics Business math helps improve statistical formula. It formulates term of currency exchange between a country. Business math creates awareness.

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It enables students to interact with numbers.

Business management requires a degree of mathematics knowledge. The math required often deals with proper accounting.

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