Statistics, Index Numbers, And Analysis For Business 18 October
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Business Maths
AFTERSCHO☺OL –
DEVELOPING CHANGE MAKERS
CENTRE FOR SOCIAL ENTREPRENEURSHIP
PGPSE PROGRAMME –
World’ Most Comprehensive programme in social
entrepreneurship & spiritual entrepreneurship
OPEN FOR ALL FREE FOR ALL
2. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
Business Maths
Dr. T.K. Jain.
AFTERSCHO☺OL
Centre for social entrepreneurship
Bikaner
M: 9414430763
tkjainbkn@yahoo.co.in
www.afterschool.tk
www.afterschoool.tk
3. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
X,Y,Z are in GP and X^a, Y^b and
Z^c are equal, what is 1/a, 1/b and
1/c?
Let us assume that X,Y and Z are 2,4,8.
Let us assume X^a= Y^b= Z^c =64
Thus a= 6, b = 3 and c = 2.
Let us put them as 1/6, 1/3, ½.
Their values are : .1666, .3333 and .5,
thus this series in AP (there is fixed gap
between two terms).
4. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
What is the sum of 1/sqrt(3), 1,
3/sqrt(3) . . .for 10 terms will be?
This is GP, as we find that there is a
fixed ratio of sqrt(3) between any two
terms.
Sum of GP = A(R^n-1) / (r-1)
A =1/sqrt(3), R = sqrt(3)
1/(sqrt(3)) (sqrt(3)^10 -1)/(sqrt(3)-1)
=.57735(243-1)/.73205
=190.85 answer.
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If A is AM and G is GM of two
positive unequal numbers, which is
more?
AM is always more than GM in case of
positive numbers. Thus A>G answer.
6. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
What is the sum of 1.03, 1.03^2,
1.03^3 … . . .series for 10 terms?
This is GP.
A = 1.03 and R = 1.03
Sum of GP = A(R^n-1) / (r-1)
1.03(1.03^10 -1)/(1.03-1)
=1.03(.343916)/.03
=11.80778
7. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
A person pays Rs. 975 by monthly
instalments each less then the
former by Rs. 5. The first instalment
is Rs. 100. the by which the entire
amount wil be paid is ?
A = 100 D =- 5. Sum of AP=n/2(2a+(n-1)d)
975=n/2(200+(n-1)-5)
1950=n(200-5n+5)
1950=205n-5n^2 or 5n^2-205n+1950=0
N^2-41n+390=0
N^2-26n-15n+390 = 0
N(N-26) -15(N-26)=0 OR n = 15 or 26.
(ans=15)
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At 10% C.I., a sum of money
becomes 8650 after 5 years. The
initial sum is ?
A(1+I)^n = 8650
A= first instalment, I = rate of interest
A(1.1)^5 = 8650
1.61051A = 8650
A=8650/1.61051
=5371 answer.
9. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
Population of one country is 55 crore
now, how much will be if it grows
@2% per annum in 2018?
55*(1.02)^10
=67.04 crores.
12. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
FIND THE NUMBER WHICH WHEN
ADDED TO SUM OF ANY NUMBER OF
TERMS GIVES YOU A PERFECT
SQUARE IN THE SERIES 3,5,7,9. . . ?
1 ANSWER.
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Afterschoolians, our past beneficiaries,
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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
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Designed to make you entrepreneurs – not just
an employee
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you learn
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Workshops from
AFTERSCHOOOL
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Bhubaneshwar
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Salient features:
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For those who want to achieve success in life – not just a
degree
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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
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Articles from Harvard Business Review
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Presentations, Latest audio-visuals
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Branches
AFTERSCHO☺OL 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.
22. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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