Business Mathematics

AFTERSCHOOOL – DEVELOPING CHANGE

MAKERS
CENTRE FOR SOCIAL ENTREPRENEURSHIP
PGPSE PROGRAMME –
World’ Most Comprehensive programme in social
entrepreneurship / spiritual entrepreneurship
OPEN FOR ALL FREE FOR ALL

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 Business Mathematics
Dr. T.K. Jain.
AFTERSCHOOOL
Centre for social entrepreneurship
Bikaner
M: 9414430763
tkjainbkn@yahoo.co.in
www.afterschool.tk
www.afterschoool.tk

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Rs. 100 is invested every month
(month end) . R=12% monthly
compounding. What will be the
amount after 10 years.
 Future value of annuity factor =A*
((1+i)^n -1)/ I
 =100 * ((1+.01)^120) / .01

 =100*330

 =33000 answer

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Rs. 100 is invested every month
(beginning of the month) . R=12%
monthly compounding. What will be
the amount after 10 years.
 Future value of annuity factor =A* ((1+i)^n
-1)/ I
 =100 * ((1+.01)^120) / .01
 =100*330
 =33000
 Let us multiply 33000 by (1+i)
 =33000 *1.01
 =33330

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A machine is depreciated @20% on
reducing method. Original value of
machine is 100000 and scrap value
is 30000. What is life of machine?
 Options: 4.5 / 5 / 5.4 years
 Formulae: Amount* (1-i)^n = reduced
value.
 =100000*(1-.2)^n=30000

 =.8^n = 30000/100000 =.3

 .8^5.4 =3 approx.

 So answer is 5.4 years.

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Amount at the end of period=1000,
n=2years, R=6%half yearly
compouding. What is principal?
 Principal*(1+interst rate)^n = amount at
the end.
 =Principal*(1.03)^4=1000

 Principal *1.1255 =1000

 Principal = 1000/1.1255

 Principal = 888 answer.

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Population of a town increases every
year by 2% of the population at the
beginning of that year. The number
of years, by which the total increase
of population is more than 40% is ?

 Options: 7,10,17
 Let us assume population to be 100. It has to
reach 140.
 100 (1.02)^n =140
 1.02^n =1.4 or =1.02^17 = 1.4
 Thus population will take 17 years to
increase by 40%.

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What is the effective rate, if
R=3% half yearly compounding?
 (1+i)^n -1
 Interest rate is 3% half yearly
compounding or 3/2.
 Interest rate = 3/2% or .015
 =(1.015)^2
 =1.030225- 1 =.030225 (multiply it
with100)
 Effective rate is 3.0225% answer.

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Annual birth and death rates per
1000 are 39.4 and 19.4 respectively.
The number of years in which the
population will be doubled assuming
there is no immigration or emigration
is?
 Options: 25.5,30.5,35.5,40.5
 Net impact at the end of year = 39.4-
19.4=20 per thousand or .02
 1(1.02)^n=2

 =1.02^35.5 =2 or N = 35.5 years.

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I want to buy a 3 year bond of Rs.
1000 par value. Rate=10%. The bond
will mature at par and I require 14%
return. At what Max. price should I
buy it?

 My returns are 100, 100, and 100 in

three years and 1000 in 3rd year. These
returns are to be discounted by14%. Use
present value formulae to calculate price.
 =100/(1.14)^1+100/(1.14)^2+100/(1.14)^
3+1000/(1.14)^3
 =907 answer.

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I want to buy a 3 year bond of Rs.
1000 par value. Rate=10%. The bond
will mature at 10% premium and I
require 20% return. At what Max.
price should I buy it?
 My returns are 100, 100, and 100 in
three years and 1100 in 3rd year. These
returns are to be discounted by 20%.
Use present value formulae to calculate
price.
 =100/(1.20)^1+100/(1.20)^2+100/(1.20)^
3+1100/(1.20)^3
 =847 answer.
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I want to buy a 3 year bond of Rs.
1000 par value. Rate=12%. The bond
will mature at 10% discount and I
require 18% return. At what Max.
price should I buy it?
 My returns are 120, 120, and 120 in
three years and 900 in 3rd year. These
returns are to be discounted by 18%.
Use present value formulae to calculate
price.
 =120/(1.18)^1+120/(1.18)^2+120/(1.18)^
3+900/(1.18)^3
 =808 answer.
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I want to buy a 3 year bond of Rs.
5000 par value. Rate=12%. The bond
will mature at 15% premium and I
require 18% return. At what Max.
price should I buy it?
 My returns are 600, 600, and 600 in
three years and 5750 in 3rd year. These
returns are to be discounted by 18%.
Use present value formulae to calculate
price.
 =600/(1.18)^1+600/(1.18)^2+600/(1.18)^
3+5750/(1.18)^3
 =4804 approx. answer.
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I want to buy a 3 year bond of Rs.
1000 par value. Rate=12%. The bond
will mature at 20% premium and I
require 8% return. At what Max.
price should I buy it?
 My returns are 120, 120, and 120 in
three years and 1200 in 3rd year. These
returns are to be discounted by 8%. Use
present value formulae to calculate price.
 =120/(1.08)^1+120/(1.08)^2+120/(1.08)^
3+1200/(1.08)^3
 =1261 answer.

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 ABO UT A FTERSCH OOO L
Afterschoool conducts three year integrated PGPSE (after
class 12th along with IAS / CA / CS) and 18 month PGPSE
(Post Graduate Programme in Social Entrepreneurship)
along with preparation for CS / CFP / CFA /CMA / FRM. This
course is also available online also. It also conducts
workshops on social entrepreneurship in schools and
colleges all over India – start social entrepreneurship club in
your institution today with the help from afterschoool and help
us in developing society.

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Why such a programme?
 To promote people to take up entrepreneurship
and help develop the society
 To enable people to take up franchising and
other such options to start a business / social
development project
 To enable people to take up social
development as their mission
 To enable people to promote spirituality and
positive thinking in the world

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Who are our supporters?
 Afterschoolians, our past beneficiaries,
entrepreneurs and social entrepreneurs
are supporting us.
 You can also support us – not
necessarily by money – but by being
promotor of our concept and our ideas.

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About AFTERSCHOOOL PGPSE – the best
programme for developing great entrepreneurs

 Most flexible, adaptive but rigorous programme

 Available in distance learning mode
 Case study focused- latest cases
 Industry oriented practical curriculum
 Designed to make you entrepreneurs – not just
an employee
 Option to take up part time job – so earn while
you learn
 The only absolutely free course on internet
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Workshops from
AFTERSCHOOOL
 IIF, Delhi
 CIPS, Jaipur
 ICSI Hyderabad Branch
 Gyan Vihar, Jaipur
 Apex Institute of Management, Jaipur
 Aravali Institute of Management, Jodhpur
 Xavier Institute of Management,
Bhubaneshwar
 Pacific Institute, Udaipur
 Engineering College, Hyderabad

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Flexible Specialisations:
 Spiritualising business and society
 Rural development and transformation
 HRD and Education, Social Development
 NGO and voluntary work
 Investment analysis,microfinance and inclusion
 Retail sector, BPO, KPO
 Accounting & Information system (with CA / CS /CMA)
 Hospital management and Health care
 Hospitality sector and culture and heritage
 Other sectors of high growth, high technology and social
relevance

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Salient features:
 The only programme of its kind (in the whole world)
 No publicity and low profile course
 For those who want to achieve success in life – not just a
degree
 Indepth knowledge and expertise
 Professional approac: World class approach
 Strong intellectual and business capabilities
 Flexible – you may stay for a month and continue the rest of
the education by distance mode. / you may attend weekend
classes
 Scholarships for those from poor economic background
 Latest and constantly changing curriculum – keeping pace
with the time
 Placement for those who are interested
 Admissions open throughout the year
 Latest and most advanced technologies, books and study
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material
Components
 Pedagogy curriculum and approach based on IIM Ahmedabad and ISB
Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad)
 Meditation, spiritualisation, and self development
 Essential softwares for business
 Business plan, Research projects
 Participation in conferences / seminars
 Workshops on leadership, team building etc.
 Written submissions of research projects/articles / papers
 Interview of entrepreneurs, writing biographies of entrepreneurs
 Editing of journals / newsletters
 Consultancy / research projects
 Assignments, communication skill workshops
 Participation in conferences and seminars
 Group discussions, mock interviews, self development diaryng
 Mind Power Training & writing workshop (by Dr. T.K.Jain)

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Pedagogy
 Case analysis,
 Articles from Harvard Business Review
 Quiz, seminars, workshops, games,
 Visits to entrepreneurs and industrial visits
 Presentations, Latest audio-visuals
 Group discussions and group projects
 Periodic self assessment
 Mentoring and counselling
 Study exchange programme (with institutions out of India)
 Rural development / Social welfare projects

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Branches
 AFTERSCHOOOL will shortly open its
branches in important cities in India
including Delhi, Kota, Mumbai, Gurgaon
and other important cities.
Afterschooolians will be responsible for
managing and developing these
branches – and for promoting social
entrepreneurs.

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Case Studies
 We want to write case studies on social
entrepreneurs, first generation
entrepreneurs, ethical entrepreneurs.
Please help us in this process. Help us
to be in touch with entrepreneurs, so that
we may develop entrepreneurs.

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Basic values at afterschoool
 Share to learn more
 Interact to develop yourself
 Fear is your worst enemy
 Make mistakes to learn
 Study & discuss in a group
 Criticism is the healthy route to mutual support
and help
 Ask fundamental questions : why, when, how
& where?
 Embrace change – and compete with yourself
only
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www.afterschoool.tk
social entrepreneurship for better
society

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