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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 194 · 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 ₹36 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One paper bookmark costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 50 rupees (d) 20 rupees
  4. 4.One potted plant costs ₹24 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One clay diya costs ₹30 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One paper bookmark costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  7. 7.One friendship band costs ₹55 to make and Diya sells it for ₹110. What is the markup in percent?
  8. 8.One cupcake costs ₹45 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹24 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One painted pebble costs ₹10 to make and Rohan sells it for ₹20. What is the markup in percent?
  11. 11.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  12. 12.One paper bookmark costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹12 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  15. 15.One handmade card costs ₹52 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹30 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  18. 18.One cupcake costs ₹20 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  19. 19.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  20. 20.One cup of lemonade costs ₹25 to make and Rohan sells it for ₹30. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹16 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One jute bag costs ₹60 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹35 to make and Meera sells it for ₹70. What is the markup in percent?
  24. 24.One handmade card costs ₹40 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One cupcake costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  26. 26.One friendship band costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  28. 28.One handmade card costs ₹48 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One cup of lemonade costs ₹20 to make and Diya sells it for ₹24. What is the markup in percent?
  30. 30.One bag of popcorn costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹30 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹40 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹50 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹36 to make and Meera sells it for ₹45. What is the markup in percent?
  35. 35.One handmade card costs ₹10 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹42 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One cupcake costs ₹35 to make and Tara sells it for ₹70. What is the markup in percent?
  38. 38.One handmade card costs ₹20 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹28 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 9
  2. 33
  3. 10 rupees
  4. 30
  5. 36
  6. 10
  7. 100
  8. 54
  9. 30
  10. 100
  11. a loss
  12. 42
  13. 3
  14. cost + a markup
  15. 13
  16. 60
  17. 10
  18. 25
  19. what buyers will pay
  20. 20
  21. 8
  22. 66
  23. 100
  24. 10
  25. 10
  26. 44
  27. 10
  28. 60
  29. 20
  30. 22
  31. 3
  32. 48
  33. 5
  34. 25
  35. 2
  36. 63
  37. 100
  38. 25
  39. 55
  40. 7

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