Initial Investment 8,00,000

Income (1,500*44*12) 7,92,000

Variable Cost
Variable Cost (26,400*12) 3,16,800 Paper + Duster + Marker +
Gross Profit 4,75,200 Print + Photocopy 26,400
26,400

Assuming new business, Income will be 70% of 2021’s

31/12/23 31/12/24 31/12/25 31/12/26 31/12/27

Income 18,48,000 1940400 2037420 2180039.4 2441644.13

5% grow for 1st two year

7% grow

Then 12% grow

31/12/23 31/12/24 31/12/25 31/12/26 31/12/27

Variable Cost 316800 249480 261954 280290.78 316925.4

26400*12=316800

40% for 1st year Sales

Rest 30% of sales

31/12/23 31/12/24 31/12/25 31/12/26 31/12/27

Fixed Cost 13,89,600 15,14,400 1538400 1538400 1538400

Assume, 2nd year we increase class payment to per class 400 and 3 rd year rent increase 1,500 per/month,
bill increase 500 per/month,

Fixed Cost  
Lecture
Payment(72,800*12) 8,73,600 Lecture Payment  
Electricity Bills (2500*12) 30,000 Per Class Payment 350
Floor Rent (40,500*12) 4,86,000 Per Day Lectures 8
Total Fixed Cost 13,89,600 Working Days/Month 26
504000+36000
Total Salary Per Month 72,800
 31/12/23 31/12/24 31/12/25 31/12/26 31/12/27
Depreciation 40,000 40,000 40,000 40,000 40,000

25% of initial investment, Straight line

31/12/23 31/12/24 31/12/25 31/12/26 31/12/27

EBIT 1,01,600 1,36,520 1,97,066 3,21,348 5,46,318

31/12/23 31/12/24 31/12/25 31/12/26 31/12/27

Tax 10,160 13,652 19,706.6 32,134.8 54,631.8

31/12/23 31/12/24 31/12/25 31/12/26 31/12/27

Net Income (91,440) 122868 177359.4 289213.2 491686.2

31/12/23 31/12/24 31/12/25 31/12/26 31/12/27

OCF 0 162868 217359.4 329213.2 531686.2

31/12/23 31/12/24 31/12/25 31/12/26 31/12/27

CFFA (2,30,000) 162868 217359.4 329213.2 561686.2

We added 30000 taka later which will be depreciated to zero

Total
NPV 797,252.20