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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 181 · 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 painted pebble costs ₹12 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹28 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  4. 4.One friendship band costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹10 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One glass of chai costs ₹30 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One jute bag costs ₹16 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One painted pebble costs ₹16 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One glass of chai costs ₹24 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One painted pebble costs ₹12 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  12. 12.One fruit cup costs ₹51 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One paper bookmark costs ₹28 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹35 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  15. 15.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  16. 16.One handmade card costs ₹40 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One cupcake costs ₹10 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹30 to make and Zoya sells it for ₹36. What is the markup in percent?
  19. 19.One friendship band costs ₹20 to make and Vihaan sells it for ₹24. What is the markup in percent?
  20. 20.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  21. 21.One jute bag costs ₹42 to make and Ishaan sells it for ₹63. What is the markup in percent?
  22. 22.One potted plant costs ₹50 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹45 to make and Dev sells it for ₹54. What is the markup in percent?
  24. 24.One cupcake costs ₹35 to make and Riya sells it for ₹70. What is the markup in percent?
  25. 25.One glass of chai costs ₹40 to make and Tara sells it for ₹44. What is the markup in percent?
  26. 26.One painted pebble costs ₹12 to make and Arjun sells it for ₹15. What is the markup in percent?
  27. 27.One cup of lemonade costs ₹25 to make and Arjun sells it for ₹30. What is the markup in percent?
  28. 28.One cupcake costs ₹50 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹20 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹28 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹29 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹43 to make and Diya sells it for ₹86. What is the markup in percent?
  33. 33.One bag of popcorn costs ₹36 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One cupcake costs ₹45 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹40 to make and Arjun sells it for ₹80. What is the markup in percent?
  36. 36.One jute bag costs ₹59 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹22 to make and Zoya sells it for ₹44. What is the markup in percent?
  38. 38.One glass of chai costs ₹20 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One paper bookmark costs ₹20 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹32 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 15
  2. 42
  3. cost + a markup
  4. 22
  5. 1
  6. 3
  7. 4
  8. 4
  9. 12
  10. 3
  11. 10 rupees
  12. 102
  13. 28
  14. 42
  15. a loss
  16. 4
  17. 1
  18. 20
  19. 20
  20. what buyers will pay
  21. 50
  22. 55
  23. 20
  24. 100
  25. 10
  26. 25
  27. 20
  28. 55
  29. 25
  30. 42
  31. 58
  32. 100
  33. 18
  34. 9
  35. 100
  36. 118
  37. 100
  38. 10
  39. 25
  40. 16

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