ENGLISH CLASS - 6 CHAPTER - 8A GAME OF CHANCE   

WORKING WITH THE TEXT

QUESTION A

Complete the following sentences from memory choosing a phrase from those given in brackets.

1. --------------------------was held at the time of Eid festival.( A big show, A big fair, A big competition)

2. Tradesmen came to the village with all kinds of goods ----------.(to display, to buy, to sell)

3. Uncle told me --------------while he was away.(not to buy anything, not to go anywhere, not to talk to anyone)

4. The owner of the Lucky Shop wanted everybody present -------------------------. (to play the game, to win a prize, to try their luck)

5. The first time I took a chance I got --------------.(a bottle of ink, two pencils, a trifle)

6. Uncle told me that the shopkeeper had made --------------.(a fool of me, a good profit, friends with many people)

ANSWER

1. A big fair

2. to sell

3. not to buy anything

4. to try their luck

5. two pencils

6. fool of me

QUESTION B

Answer the following questions.

1. Why do you think Rasheed's uncle asked him not to buy anything in his absence?

2. Why was the shop called lucky shop ?

3.An old man won a clock and sold it back to the shopkeeper. How much money did he make?

4.How many prizes did the boy win? What were they?

5. Why was Rasheed upset?

6. In what way did the shopkeeper make a fool of Rasheed?

ANSWER

1. Rasheed's uncle asked him not buy anything in his absence because he knew that shopkeepers would make a fool of Rasheed and cheat him.

2. The shop was called lucky shop because the shopkeeper wanted everybody to try their luck. There was a disc on the table with numbers from one to ten facing down. All one had to do was pay 50 paise, pick up any six discs, add up the numbers on the discs and find the total. The article marked with that number went to the person. 

3. The old man made 15 rupees by selling the clock back to the shopkeeper.

4. The boy won four prizes. They were comb, fountain - pen, wrist watch and table lamp.

5. Rasheed was upset because he had hopes winning a big prize and again, but every time he got trifle. Some people laughed at his bad luck, but no one showed sympathy. 

6. The shopkeeper made a fool of Rasheed by making him believe that it was luck that old man and he boy got prizes. But they were friends of the shopkeeper who were playing tricks to trap Rasheed to try his luck. He tried his luck again and again in the hope of getting a big prize, but in the end he spent all his money.

WORKING WITH THE LANGUAGE

QUESTION A

The words given against the sentences below can be used both as nouns and verbs. Use them appropriately to fill in the blanks.

(i) The two teams have _____________ three matches already.(play) (ii) The last day's __________ was excellent.

2.(i) She has a lovely __________ . (face)(ii) India _________ A number of problem these days.

3. (i) he made his_________ in essay - writing.(mark)(ii) Articles ____________ 'sold' are reserved

.4. (i) The police are _____________ the area to catch the burglars.(comb)(ii) An ordinary plastic____________ costs five rupees.

5. (i) He gave a __________ in answer to my question.(smile)(ii) We also ____________ to see him smile

.6. (i) He said he __________ to be invited to the party.(hope)(ii) We gave up ____________ of his joining the party.

7. (i) The boys put up a good athletic ___________.(show)(ii) The soldiers ____________ great courage in saving people from floods.

8. (i) You deserve a _________ on the back for your good performance.(pat)(ii) The teacher __________ the child on the cheek to encourage her.

ANSWER A

1.(i) Played    (ii)Play 

2.(i)Face         (ii)Faced

3.(i)Mark       (ii)Marked

4.(i)Combing (ii)Comb

5.(i)Smile       (ii)Smiled

6.(i)Hoped     (ii)Hope

7.(i)Show       (ii)Showed

8.(i)Pat          (ii)Patted

QUESTION B

 Rewrite the following sentence using 'there' in the beginning. Look at the following examples.

1. This park has beautiful roses.

2. Your story has no fun in it.

3.We have no secrets between us.

4. My village has two primary schools.

5. This  problem can be solved in two ways.

ANSWER B   

 1. There are beautiful roses in this park.

2. There is no fun in your story.

3. There are no secret between us.

4. There are two primary schools in my village .

5. There are two ways to solve this problem. 

 QUESTION C

Fill in the blanks in the paragraph below with words from the box.

Huge, big, foolish, interesting, tiny, unlucky, last 

There was a ________  Eid fair in our village. We could buy anything from a ________ toy to a ________ camel. I went to the fair on its _________ day with Uncle and Bhaiya. We went to the Lucky Shop. It was very _____________ . I tried my luck but did not win any prize. Later, Uncle told me that I was more _________ than __________. 

ANSWER C

huge, tiny, big, last, interesting, foolish, unlucky.

FULL FORM OF EBITDA

FULL FORM OF EBITDA

The full form of EBITDA stand for Earning Before Interest Taxes Depreciation and Amortization. It is used to evaluate company's operating performance.

focuses on the operating decisions of a business because it looks a the business profitability from its core operation before the impact of leverage, capital structure and non cash items such as depreciation are taken into account.

EBITDA = Next income + Interest + Taxes + Depreciation + Amortization.

It can also be expressed as follows

EBITDA = Operating profit + Depreciation + Amortization

USES OF EBITDA

It is commonly used as a proxy for cash flow. It provide and analyst a quick estimate of the value of the company. In addition, when a company is not making profit, investors can evaluate company by EBITDA. This metric is very good for comparing similar companies in some industry. Business owners use it to compare their performance against there competitors.

DISADVANTAGE OF EBITDA

EBITDA show earning before Interest, Taxes, Depreciation and Amortization. The earning may be ambiguous. For example, a fast growing manufacturing company may present increased sales and EBITDA year over year. To expand there business it acquired many fixed assets over time and they may be funded with debt. Although it may appear that the company has strong topline growth investors and evaluators should look other metrics as well, such as capital expenditure, cash flow, and net income.

FULL FORM OF ARPU

 FULL FORM OF ARPU

The full form of ARPU is Average Revenue Per Unit. It is the measure of the revenue generated by per unit. It is also known as average revenue per users. It helps management of company as well as investors to refine their analysis of a company revenue generation. Capability and growth at the per unit level. It is calculated as total revenue divided by the numbers of unit, users or subscribers.

Calculator Of ARPU

In order to calculate ARPU accurately, there must be define a standard time period. Most telephone and communication companies calculate ARPU on a month to month basis. The total revenue generated during the specified time period should be divided by the number of units or users.

Uses Of ARPU

This term is used by companies which offers subscription services to there clients for instance, telephone carriers, internet service providers and hosts. It is a measure of revenue generated by one customer phone, internet service etc per unit time, particularly per year or month.    

  

FULL FORM OF CAGR

 FULL FORM OF CAGR

Full form of CAGR is Compound Annual Growth Rate. It is the rate of return that would be required for an investment to grow from its initial balance to its ending balance. Hence it is the instrument of measuring of growth of invested amount. CAGR may be both positive and negative. If the invested amount has increased the CAGR will be positive and if the invested amount has decreased the CAGR may be negative.

So CAGR is one of the most accurate ways to calculate and determine returns for anything that can rise or fall in value over a period of time. It is the tool for the investors to evaluate the CAGR of two alternative investment and choose the best one for their investment. CAGR does not reflect investment risks.

FORMULA FOR CALCULATION OF CAGR

CAGR = (EV/BV) 1/n  -1

Where EV = Ending value 

           BV = Beginning value

           n = Number of years

 HOW TO USE CAGR

Suppose anyone has invested Rupees 10,000 in a portfolio with the following returns.

• From Jan 1 2015 to Jan1 2016 invested amount grew to 13,000 (30% in year one)
• From Jan 1 2016 to Jan 1 2017 invested amount grew to 14,000 (7.69%)
• From Jan 1 2017 to Jan 1 2018 invested amount grew to 19,000 (35.71%)

Hence it is evident that the year to year growth rate is different. Such as in first year growth is 30%,in second year growth is 7.69% and in third year growth is 35.71%.

CAGR = (EV/BV) 1/n -1

            = (19,000/10,000) 1/3 -1

            = 23.86%