Taxmann Cracker - Fundamentals of Business Mathematics & Statistics Book for CMA Foundation by Tarun Agarwal

This book caters specifically to the requirements of the Foundation Level Cost & Management Accountancy Examination, offering a thorough collection of past exam questions with detailed answers, all aligned with the latest ICMAI syllabus.

The Present Publication is the 2^nd Edition for the CMA Foundation | June/Dec. 2025 Exams. This book is authored by CA. Tarun Agarwal, with the following noteworthy features:

• [Aligned with the Latest ICMAI Syllabus] Complete adherence to the current curriculum
• [Comprehensive Content]
• Fully Solved Past Examination Questions till Dec. 2024
• Tabular summaries at the start of each chapter
• 950+ MCQs
• Practice questions at the end of every chapter for in-depth preparation.
• Descriptive past exam questions transformed into MCQs, reflecting the latest exam pattern
• [Detailed & Structured Answers] Designed to enhance conceptual clarity and support exam-focused study
• [Point-wise Presentation] Facilitates quick recall and efficient revision
• [Marks Distribution Analysis] Provides module-wise marks analysis from December 2022 onwards
• [Comparison with ICMAI's Study Material] is provided module-wise

The contents of this book are as follows:

• Arithmetic
• Ratios, Variations and Proportions
• Time Value of Money and Annuity – Simple and Compound Interest
• Arithmetic Progression and Geometric Progression
• Time and Distance
• Algebra
• Set Theory, Venn Diagram
• Indices and Logarithms
• Permutations and Combinations
• Quadratic Equation
• Calculus – Application in Business
• Concept of Calculus and its Application in Business
• Revenue and Cost Function
• Optimization Techniques
• Statistical Representation of Data
• Introduction
• Diagrammatic Representation of Data
• Frequency Distribution
• Graphical Representation of Frequency Distribution – Histogram, Frequency Polygon Curve, Ogive, Pie-chart
• Measures of Central Tendency and Dispersion
• Mean, Median, Mode, Mean Deviation
• Range, Quartiles and Quartile Deviation
• Standard Deviation
• Co-efficient of Variation
• Karl Pearson and Bowley's Co-efficient of Skewness
• Correlation and Regression
• Scatter Diagram
• Karl Pearson's Co-efficient of Correlation
• Regression Analysis
• Probability
• Concept and Terminologies
• Primary Application of Probability Theorems
• Index Numbers and Time Series
• Use of Index Numbers, Methods of Construction of Index Number
• Components of Time Series and Calculation of Trend by Moving Average Method