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ICAP PRC-2 · QUANTITATIVE ANALYSIS FOR BUSINESS · CHAPTER 1

Linear and Quadratic Equations

Key Definitions · Core Concept · Key Rules & Principles · Formula Zone · Step-by-step Methods · Different Cases / Scenarios · Comparison Tables

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1

Chapter Overview

🧭

Your visual roadmap through the chapter

Expressions & Equations

Terms, variables, constants, coefficients, degree of a polynomial

Solving Linear Equations

One-variable & simultaneous two-variable equations; word problems

Quadratic Equations

Standard form, graph shape, roots as x- intercepts

Solving Quadratics

Factorisation, completing the square, the quadratic formula

Building & solving algebraic equations of degree 1 (linear) and degree 2 (quadratic), including systems of two linear equations, using factorisation, completing the square and the quadratic formula.

Equation-solving underpins later chapters — coordinate geometry, linear programming, financial mathematics and break-even/optimisation problems all build directly on this chapter.

Translate word problems into equations; solve simultaneous equations by elimination; factorise, complete the square, and apply the quadratic formula accurately.

2

Key Definitions

📘

Source-based terminology, exam-ready

Expression

A number, a variable, or a combination of numbers and variables with operation symbol(s); separated into terms by operations.

Key word: terms

Equation

Formed when two mathematical expressions are considered equal, shown by the sign "=".

Key word: equality

Variable / Constant

Variable: a value that may change within the scope of the problem (x, y, z). Constant: a value that remains unchanged, even if unknown (a, b, c).

Key word: changes vs fixed

Coefficient

A multiple attached to a variable within an equation (e.g. the 2 in y = 2x + c).

Key word: multiplier

Degree (of a term/equation)

In a polynomial, the sum of all exponents of the variables used; the degree of an equation is its highest power.

Key word: highest power

Linear Equation

Each term is a constant or the product of a constant and a single variable; no term is raised to a power or root. Degree = 1.

Key word: degree one

Dependent vs Independent Variable

y is the dependent variable (changes because of x); x is the independent variable. By convention, the dependent variable sits alone on the left of "=".

Key word: y depends on x

Quadratic Expression

An expression in which the degree of the variable is two (the highest power is a square).

Key word: degree two

3

Core Concept

🎯

Explained in exam-oriented language

CONCEPT → Linear Equations

MEANING

Degree-one equation; standard straight-line form y = a + mx.

PURPOSE

Model relationships that change at a constant rate.

APPLICATION

Single unknown problems and simultaneous two-variable systems solved by elimination.

CONCEPT → Quadratic Equations

MEANING

Degree-two equation, standard form y = ax2 + bx + c.

PURPOSE

Find the two roots (x-values) where the curve crosses y = 0.

APPLICATION

Area/distance, forecasting, interest, price-product modelling, optimisation (min/max).

4

Key Rules & Principles

📏

Every source rule, exam-ready

RULE 1 Solving a linear equation

Read the question; note requirements & given information

List the unknown variable(s), assign a letter (x)

Express the relationship between variables as an equation

Solve the equation for the unknown

Recheck the solution

RULE 3 Simultaneous linear equations

Manipulate one equation so a variable's coefficient matches the other equation

Add or subtract the equations to eliminate that variable

Solve for the remaining variable

Substitute back into an original equation to find the other variable

RULE 2 Formulating from word problems

Step 1: Pick the smaller/unknown value as x

Step 2: Write other information in terms of x

Step 3: Cancel out written values; keep remaining info

Step 4: Formulate the equation and solve

Step 5: Check the solution

RULE 4 Discriminant (b²−4ac) conditions

If b² − 4ac > 0 → roots are real and unequal

If b² − 4ac < 0 → roots are imaginary / complex

If b² − 4ac = 0 → roots are real and equal

Not every quadratic can be factorised — use completing the square or the formula instead

5

Formula Zone

🧮

Every formula supported by the source text

STRAIGHT LINE (LINEAR EQUATION)

y = a + m x

y = dependent variable x = independent variable a = y-intercept m = slope/gradient

QUADRATIC EQUATION — STANDARD FORM

y = a x2 + b x + c

a, b, c are constants; a ≠ 0. Plots as a U-shape (a > 0) or inverted-U (a < 0).

QUADRATIC FORMULA

x = ( −b ± √(b2 − 4ac) ) ÷ 2a

Use when a x2 + b x + c = 0. Constant must be on the RHS → general form first. Automatically "completes the square" for you.

PERFECT-SQUARE IDENTITIES (FOR COMPLETING THE SQUARE)

(a+b)2 = a2+2ab+b2 (a−b)2 = a2−2ab+b2

Reference identities used to rewrite ax²+bx as a perfect square, then solve for x.

6

Calculation Roadmap

🗺️

General path for any equation question

1· Read Question

Identify given information

2· Identify Unknown

Assign a letter (x)

3· Select Method

Formula, factorisation, elimination

4· Substitute

Put values into equation/formula

5· Calculate & Check

Solve, recheck, state final answer

7

Step-by-step Methods

🪜

Kept separate — do not mix methods

METHOD A · Simultaneous Linear Equations (Elimination)

  1. 1Multiply one/both equations so a variable's coefficient matches
  2. 2Add or subtract the equations to eliminate that variable
  3. 3Solve the single remaining equation for the other variable
  4. 4Substitute back into an original equation to find the first variable

METHOD C · Factorisation (coefficient of x² > 1)

  1. 1Multiply coefficient of x² by the constant (a × c)
  2. 2Find two numbers summing to b, multiplying to (a×c)
  3. 3Rewrite the x-term as two new x-terms using those numbers
  4. 4Bracket first two & last two terms (flip sign inside bracket if needed)
  5. 5Factor each bracket separately to find a common factor
  6. 6Complete the factorisation; set each bracket = 0 and solve

METHOD B · Factorisation (coefficient of x² = 1)

  1. 1Write in standard form x² + bx + c = 0
  2. 2Find two numbers that sum to b and multiply to c
  3. 3Write as (x ± ?)(x ± ?) = 0
  4. 4Set each bracket = 0 and solve for x

METHOD D · Completing the Square

  1. 1Rearrange ax²+bx+c=0 into ax²+bx = −c
  2. 2Divide throughout by a (coefficient of x² must be 1)
  3. 3Take half the coefficient of x (with its sign)
  4. 4Square that number
  5. 5Add it to both sides of the equation
  6. 6Rearrange the LHS into a perfect square and solve for x

METHOD E · The Quadratic Formula

  1. 1Write the equation in general form ax²+bx+c=0
  2. 2Identify a, b, and c (with correct signs)
  3. 3Substitute into x = (−b ± √(b²−4ac)) ÷ 2a
  4. 4Evaluate the discriminant first, then both root values
8

Different Cases / Scenarios

🔀

Recognise the situation, pick the right route

IF the equation has one variable, degree 1

→ USE the 5-step linear solving approach (isolate x)

IF two linear equations share two unknowns

→ USE elimination (match coefficients, add/subtract)

IF the quadratic factorises easily (small integers)

→ USE factorisation — fastest method

IF the quadratic does not factorise neatly

→ USE completing the square or the quadratic formula

IF discriminant b²−4ac > 0

→ Roots are real and unequal (curve cuts x-axis twice)

IF discriminant b²−4ac = 0

→ Roots are real and equal (curve touches x-axis once)

IF discriminant b²−4ac < 0

→ Roots are imaginary/complex (curve never touches x-axis)

IF a word problem gives two unknowns, one described relative to the other

→ Let the smaller value = x, express the other in terms of x

9

Comparison Tables

⚖️

Don't confuse these!

Linear EquationQuadratic Equation
DegreeOne (highest power = 1)Two (highest power = 2)
Standard formy = a + mxy = ax² + bx + c
Graph shapeStraight lineU-shape or inverted-U (parabola)
Number of rootsOne root (single-variable case)Up to two roots (x-axis crossings)
FactorisationCompleting the SquareQuadratic Formula
When to useWhen factors are easy to spotWhen it cannot be factorised neatlyAlways works; used when other methods are difficult
Core ideaReverse of expanding bracketsRewrite as a perfect square using (a±b)² identitiesFormula that auto-completes the square
LimitationNot every quadratic factorisesOnly works cleanly once coefficient of x² = 1None — but requires correct a, b, c signs
10

Graph Interpretation

📈

Reading the quadratic curve

Shape rule

If a > 0 → graph is U-shaped. If a < 0 → graph is an inverted U. Example: x²−8x+12=y cuts the x-axis at x = 2 and x = 6 — these are the equation's two roots.

Reading the roots

Roots = the x-values where the curve crosses the line y = 0 (the x-axis). Not every quadratic crosses the x- axis — if it doesn't, the equation is insoluble in real numbers.

11

Worked Calculation Logic

✍️

Method students must reproduce in the exam

GIVEN → FORMULA → SUBSTITUTION → CALCULATION → ANSWER

Profit function: P(x) = −0.025x² + 9.85x − 60. Find profit at x = 0 (no units sold) and the break-even units.

GIVEN: a = −0.025, b = 9.85, c = −60 | At x=0: P(0) = −60 → loss of Rs. 60.

FORMULA: x = (−b ± √(b²−4ac)) ÷ 2a for break-even (P(x)=0)

SUBSTITUTION: x = (−9.85 ± √(9.85² − 4(−0.025)(−60))) ÷ 2(−0.025)

CALCULATION: x = (−9.85 ± √92.0225) ÷ −0.05 = (−9.85 ± 9.5406) ÷ −0.05

FINAL ANSWER: x ≈ −6.19 or x ≈ 387.81 → break-even at approximately 388 units

12

Exam Question Patterns

📝

Definition/conceptual — identify degree, variable type, dependent/independent variable

Formula-based — apply the quadratic formula directly

Calculation — solve linear/quadratic equations by any method

Application/scenario — ages, geometry, cost/price, break-even word problems

Simultaneous-equation MCQs asking for a combined value (e.g. xy, 5x+2y)

13

Exam Traps

⚠️

⚠ WATCH OUT

  • ✗ Sign errors in b²−4ac when a or c is negative — a double-negative becomes addition.
  • ✗ Forgetting to flip the sign inside brackets when bracketing a subtracted term.
  • ✗ Dividing by a in completing the square before rearranging — must rearrange to ax²+bx=−c first.
  • ✗ Choosing the wrong unknown in word problems — always let x be the smaller/simplest value.
  • ✗ Mismatched coefficients in elimination — multiply the whole equation, not just one term.
14

Quick Decision Tree

🌳
QUESTION GIVEN
↓
One variable, degree 1 or 2?
↓
Linear → isolate x
Quadratic → factorise / square / formula
↓
CALCULATE → CHECK → FINAL ANSWER
⚡

Chapter 1 in 60 Seconds

⚡

Linear: y = a + mx, degree 1

Quadratic: y = ax²+bx+c, degree 2

Simultaneous: match coefficients, eliminate

Formula: x=(−b±√(b²−4ac))÷2a

b²−4ac>0: real, unequal roots

b²−4ac=0: real, equal roots

b²−4ac<0: imaginary roots

Trap: always flip sign inside brackets

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All PRC-2 QAB revision notes
  1. Linear and Quadratic Equations
  2. Coordinate System and Its Application
  3. Mathematical Progression
  4. Linear Programming
  5. Financial Mathematics
  6. Discounted Cash Flows
  7. Data – Collection and Representation
  8. Statistical Measures of Data
  9. Indices
  10. Correlation and Regression
  11. Probability Concepts
  12. Probability Distributions