This document provides an overview of key concepts in basic business math. It is divided into three sections that cover whole numbers, fractions, and equations; decimals and percentages; and ratios and averages. The goal is to bring introductory math concepts and explain how to apply them in business settings. Learners are encouraged to review each section to gain skills in operations like rounding, fractions, solving equations, working with decimals and percentages, and using ratios and averages in professional contexts.

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3. *** About the Structure and Flow of our Presentations ***
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4. Basic Business Math
Introductory concepts @ OxfordCambridge.Org all for free and free for all.
The information gathered here is under KeyPoints format and may be use:
- Either to give the reader an overview before deciding for a full scale study of the topic.
- Or act as a study guide for learners in expanding their knowledge on that given topic.
Some recommendations, perhaps:
- Identify each KeyPoint on which you feel a need to expand your knowledge,
- Choose a good book or academic magazine and info from the Internet.
- And then work towards gaining that knowledge, at your own pace.
Please enjoy!
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5. Basic Business Math – Summary.
☺ To answer questions of business math, you will review crucial
terms, basic mathematical concepts, and how to apply
concepts to the business environment.
☺ A basic understanding of decimals and percentages is key to
any businessperson, whether tallying costs for warehouse
supplies or estimating resource allocation.
☺ Therefore learn to use decimals, addition, subtraction,
multiplication, and division; and to solve problems involving
percentages.
☺ Also, knowledge of ratios and averages is indispensable in
the business world.
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6. Basic Business Math - Aim of publication.
 To bring some introductory concepts to the
reader or the learner who are interested apply
basic math skills to business.
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7. Basic Business Math - Learning Objectives.
☺ After developing the KeyPoints outlined in this publication, you
should mainly be able to:

recognize the value of using and rounding whole numbers to
estimate in business applications.

choose the necessary operation to solve a problem using
fractions.

convert a business problem into an equation.

solve a problem in a hypothetical business situation.

calculate base, given portion and rate.

express ratios as decimal numbers and percentages.

determine the correct ratio and convert it to percentage.

solve a problem determining a simple average.
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8. Basic Business Math - Sections List.
 (Section 1) Whole Numbers, Fractions, and Equations.
 (Section 2) Decimals and Percents.
 (Section 3) Ratios and Averages.
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9. (Section 1) Whole Numbers, Fractions, and Equations – Summary.
☺ What are whole numbers and how are they estimated?
☺ How are fractions used in mathematical operations?
☺ How do you find the unknown variable to solve an equation?
☺ To answer such questions of business math like these, you
will review crucial terms, basic mathematical concepts, and
apply concepts to a business environment.
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10. (Section 1) Whole Numbers, Fractions, and Equations – HighPoints.
 Using Whole Numbers to Estimate.
 Using Fractions.
 Solving Equations.
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11. (Section 1) HighPoints: Using Whole Numbers to Estimate.
☺ recognize the value of using and rounding whole numbers to
estimate in business applications.
☺ match whole numbers, fractions, and mixed numbers to
examples.
☺ round numbers to specified place values.
☺ round whole numbers to a given place value and use those
numbers to make an estimate in a business environment.
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12. (Section 1) HighPoints: Using Fractions.
☺ know the benefits of using fractions in the workplace.
☺ convert the improper fractions to mixed numbers.
☺ solve an addition or subtraction problem using fractions.
☺ multiply fractions.
☺ solve a multiplication problem using fractions.
☺ divide fractions.
☺ solve a division problem using fractions.
☺ choose the necessary operation to solve a problem using
fractions, and solve the problem in a workplace situation.
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13. (Section 1) HighPoints: Solving Equations.
☺ recognize the benefits of knowing how to solve equations in the
workplace environment.
☺ convert a business problem into an equation.
☺ convert a problem into an equation and solve that equation.
☺ sequence the rules of order of operations.
☺ apply the order of operations to solve an equation in a
hypothetical workplace case.
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14. (Section 2) Decimals and Percents – Summary.
☺ A basic understanding of decimals and percentages is key to a
businessperson, whether tallying costs for warehouse supplies
or estimating resource allocation.
☺ The KeyPoints that follow are to instruct the learner in the
following manner:

how to use decimals, including addition, subtraction,
multiplication, and division;

how to solve problems involving percentages to determine
portions, a rate, a whole unit, and increases and decreases;

how to apply these operations in business settings.
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15. (Section 2) Decimals and Percents – HighPoints.
 Using Decimals.
 Using Percents.
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16. (Section 2) HighPoints: Using Decimals.
☺ recognize the importance of understanding decimals in the
workplace.
☺ match various digits in a decimal number with their appropriate
place values.
☺ add and subtract decimals.
☺ add or subtract decimals to solve a problem in a hypothetical
business situation.
☺ multiply decimals.
☺ multiply decimals to solve a problem in a business environment.
☺ divide decimals.
☺ divide decimals to solve a problem in a hypothetical business
situation.
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17. (Section 2) HighPoints: Using Percents.
☺ value the benefit of knowing how to work with percents.
☺ compare partial quantities of a whole unit using simple
percentages.
☺ calculate portion, given rate and base.
☺ calculate portion in a hypothetical business situation.
☺ calculate rate, given portion and base.
☺ calculate the percent of one number compared to another in
a business situation.
☺ calculate base, given por tion and rate.
☺ calculate the base in a hypothetical business scenario, given
portion and rate.
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18. (Section 3) Ratios and Averages – Summary.
☺ Whether tracking profitability or portraying the rate of
inventory consumption, knowledge of ratios and averages is
indispensable in the business world.
☺ Using real cases scenarios, learn to explain the concepts of
ratio, proportion;
☺ And also how to compare different kinds of numbers; and
discusses simple, weighted, and moving averages.
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19. (Section 3) Ratios and Averages – HighPoints
 Using Ratios.
 Using Averages.
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20. (Section 3) HighPoints: Using Ratios.
☺ recognize the benefits of using ratios in the workplace.
☺ reduce ratios to their simplest forms.
☺ express ratios as decimal numbers and percentages.
☺ determine the correct ratio and convert it to a decimal or
percentage.
☺ solve for the missing variable in a pure math problem.
☺ solve for an unknown quantity in two business scenarios given an
equality between two ratios.
☺ solve rate problems using the appropriate method.
☺ solve for the missing variable in rate problems, given
hypothetical business situations..
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21. (Section 3) HighPoints: Using Averages.
☺ recognize the value of using averages in the workplace.
☺ solve a problem determining a simple average.
☺ determine a weighted average in a pure math problem.
☺ solve a problem to determine a weighted average in a
hypothetical case.
☺ calculate a moving average in a pure math problem.
☺ solve a problem to determine a continuing simple moving
average.
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22. Basic Business Math – Conclusion.
☺ At this point you should be able to be familiar with the
following:

rounding numbers to specified place values.

using fractions in the workplace.

solving equations in a workplace environment.

understanding decimals in the workplace.

knowing how to work with percents.

calculating portion, given rate and base.

missing variable in a pure math problem.

using ratios in the workplace.

determining a simple average.

moving average in a pure math problem.
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