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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

www.afterschoool.tk AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS


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

www.afterschoool.tk AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS


I HAVE 6 FRINEDS, IN HOW MANY
WAYS CAN IN INVITE THEM FOR
DINNER?
 I may invite 1, 2, 3,4,5, or all 6. I may invite
any combination out of these. But I have to
invite at least one of them.
 FORMULAE = 2 ^n -1
 =2^6 -1
 =64-1 = 63
 Note : here if it is not necessary to invite at
least one person, then the answer will be
64.

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THERE ARE 4 BOYS AND 3 GIRLS IN
DEBATE GROUP. ONE COMMITTEE
IS TO BE FORMED WITH AT LEAST 2
GIRLS. COMMITTEE WILL CONSIST
OF 4 MEMBERS. HOW MANY
OPTIONS DO WE HAVE?
 We can take 4 members as 2 boys and 2 girls or
3girls and 1 boys (total has to be 4 members
only).
 We can select 2 boys and 2 girls.
 4c2 * 3c2 = 6*3 = 18
 We can select 1 boy and 3 girls
 4c1 * 3c3 = 4*1 = 4
 No. of options = 18+4 =22 answer
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Continued .. .. Answer ..
 4c2 * 3c2 = 6*3 = 18
 In this combination question, we take
factorial of 4 (4*3*2*1) which is divided by
2*1 & (4-2)!, which is again 2*1.
 4c2 = (4*3*2*1 )/ (2*1)(2*1) = 6
 Similarly, 3c2 = 3! Divided by 2! & (3-2)!.
 Which is (3*2*1)/(2*1)(1) = 3
 =6*3 = 18.

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How many different words can
be made from TARACHAND?
 Here we can see that we have 3 A.
 The total number of letters is 9.

 Answer: 9 ! / 3!

 (take factorial of total number of letters,


and divide it by the number of letters
which are repeating).
 =60480 answer.

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I go for shopping with Rishabh. We
have to purchase upto 4 electronics
out of Friz,TV,Laptop, & AC. How
many options do we have?
 Formulae = 2^n -1
 =2^4 -1 = 15 answer.

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In a party there are 66 handshakes.
Tell me how many persons were
present, if each shook hand with
each other?

 Ifthere are 3 members, they will shake


hands like this – 1st with 2, 2nd with 1
(one is already counted).
 Thus when there are 6 members, the
hand shakes are 5,4,3,2,1.
 Similarly, when we have 12 members,
we have 11+10+9+8+7+6+5+4+3+2+1
hand shakes. Answer.
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I have 2 books on Finance, 3 books
on Management & 4 books on
entrepreneurship. How can I put
them on a shelf, books of a subject
must be together?
 There are 3 subjects, so 3!.
 Finance books can be exchanged
among themselves, so 2!, similarly, for
management books, 3!, similarly for
entrepreneurship books 4!.
 =3!*2!*3!*4! = 1728 answer.

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How many ways can we rearrange
word SUCCESS that the vowels are
always together?
 There are 2 vowels – E & U
 Let us treat these as on letter. Now we have
6 letters. There are some repeatitions,
which have to be divided.
 6! / (2!*3!)
 =60
 We can interchange vowels. Which give us
2 options.
 Thus 60 * 2 = 120 answer.

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In npr, how many factors are
there?
 Take any hypothetical example.
 Let us say 6p2,

 Here we have factors as: 6*5*4*3

 Thus we have n-r factors.

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10 examination papers are arranged
in such a way that best and worst
papers never come together. Number
of arrangements is ?

 Let us count those arrangements, where


best and worst come together. These
arrangements are (10-1)!*2
 Let us now count all arrangements of
these 10 papers : 10!.
 Thus our answer is 10! – (9! *2)Answer.

 =2903040 answer.
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The number of 4 digit numbers
greater than 5000 can be formed out
of the digit 3,4,5,6 and 7. Repeatition
is not permitted. How many options
do we have?
 We have 5 digits, out of which 3 can
come in the first digit (5,6,7). Once we
use this digit, we are left with (5-1) 4
digits.
 For first digit we have 3 options, for next
digit, we have 4 options, for next digit,
we have 3 options and so on.
 3*4*3*2* = 72 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.

www.afterschoool.tk AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS


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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