Mathematical problem solving involves the process of finding solutions to mathematical questions or challenges. It requires understanding the problem, devising a plan, carrying out the plan, and reviewing the solution. This process can be applied to various fields, including science, engineering, and finance, where mathematical concepts are essential. Effective problem solving often utilizes strategies such as breaking down complex problems into simpler parts, using diagrams, or applying known formulas. It encourages critical thinking and logical reasoning, helping individuals develop skills that are valuable in both academic and real-world situations.