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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 104 · 40 questions
TalentJR

Business tip (Cost plus a fair markup): Markup (profit on one) = cost × percent ÷ 100. Selling price = cost + markup. Markup percent = (selling price − cost) × 100 ÷ cost. Check the price against what buyers will pay.

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  1. 1.One fruit cup costs ₹12 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One clay diya costs ₹60 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One painted pebble costs ₹28 to make and Ananya sells it for ₹35. What is the markup in percent?
  4. 4.One painted pebble costs ₹40 to make and Diya sells it for ₹48. What is the markup in percent?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  6. 6.One cupcake costs ₹14 to make and Arjun sells it for ₹28. What is the markup in percent?
  7. 7.One handmade card costs ₹48 to make and Zoya sells it for ₹60. What is the markup in percent?
  8. 8.One painted pebble costs ₹12 to make and Aarav sells it for ₹24. What is the markup in percent?
  9. 9.One bag of popcorn costs ₹20 to make and Meera sells it for ₹30. What is the markup in percent?
  10. 10.One potted plant costs ₹10 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One potted plant costs ₹30 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹12 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One paper bookmark costs ₹14 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹60 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One paper bookmark costs ₹24 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One glass of chai costs ₹30 to make and Gurpreet sells it for ₹33. What is the markup in percent?
  17. 17.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  18. 18.One friendship band costs ₹20 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One glass of chai costs ₹55 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One painted pebble costs ₹40 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹40 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One friendship band costs ₹52 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One cupcake costs ₹10 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One cupcake costs ₹55 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One glass of chai costs ₹10 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹60 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹12 to make and Nisha sells it for ₹15. What is the markup in percent?
  29. 29.One handmade card costs ₹50 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹15 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹16 to make and Saanvi sells it for ₹32. What is the markup in percent?
  32. 32.One cupcake costs ₹40 to make and Kavya sells it for ₹60. What is the markup in percent?
  33. 33.One bag of popcorn costs ₹24 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  34. 34.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  35. 35.One glass of chai costs ₹20 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One fruit cup costs ₹30 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹16 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹50 to make and Vihaan sells it for ₹55. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹34 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹50 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 3
  2. 72
  3. 25
  4. 20
  5. 10 rupees
  6. 100
  7. 25
  8. 100
  9. 50
  10. 1
  11. 3
  12. 15
  13. 7
  14. 90
  15. 6
  16. 10
  17. what buyers will pay
  18. 25
  19. 66
  20. 60
  21. 4
  22. 65
  23. 1
  24. 2
  25. 11
  26. 12
  27. 75
  28. 25
  29. 100
  30. 18
  31. 100
  32. 50
  33. 30
  34. cost + a markup
  35. 4
  36. 33
  37. 20
  38. 10
  39. 51
  40. 10

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