Chapter 14 • Class 12 Mathematics
Application of Calculus (Commerce)
Class 12 ISC Maths — Application of Calculus in Commerce: cost, revenue, profit functions, marginal cost, marginal revenue, maximum profit and elasticity of demand.
Study by topic — one focused page each
1
Cost, Revenue & Profit Functions
Commerce mathematics models a business using functions of the output level (the number of units produced or sold). The three core functions Total cost…
Start this topic → 2Marginal Functions & Elasticity of Demand
Derivatives turn the cost/revenue functions into marginal quantities and measure how sensitive demand is to price. Marginal cost and revenue Marginal …
Start this topic →Chapter-wide tests
Online Test
10 MCQ • 20 min
IMO / Olympiad Practice
Olympiad level • 20 min
📝 Full Chapter Test (Download & Print)
35 marks • 75 min • with answer key