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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 2 · 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 clay diya costs ₹10 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One fruit cup costs ₹47 to make and Diya sells it for ₹94. What is the markup in percent?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  4. 4.One fruit cup costs ₹47 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  6. 6.One paper bookmark costs ₹60 to make and Tara sells it for ₹120. What is the markup in percent?
  7. 7.One painted pebble costs ₹44 to make and Aarav sells it for ₹88. What is the markup in percent?
  8. 8.One clay diya costs ₹20 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  9. 9.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  10. 10.One paper bookmark costs ₹20 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One potted plant costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹25 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One paper bookmark costs ₹48 to make and Zoya sells it for ₹60. What is the markup in percent?
  14. 14.One clay diya costs ₹23 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One glass of chai costs ₹14 to make and Rohan sells it for ₹21. What is the markup in percent?
  16. 16.One clay diya costs ₹26 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹34 to make and Arjun sells it for ₹51. What is the markup in percent?
  19. 19.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  20. 20.One handmade card costs ₹20 to make and Saanvi sells it for ₹25. What is the markup in percent?
  21. 21.One paper bookmark costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹44 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹38 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One painted pebble costs ₹40 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹26 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹10 to make and Dev sells it for ₹15. What is the markup in percent?
  27. 27.One painted pebble costs ₹30 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One potted plant costs ₹14 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One fruit cup costs ₹22 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One handmade card costs ₹15 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹42 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹10 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹10 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One painted pebble costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  35. 35.One cupcake costs ₹20 to make and Aarav sells it for ₹30. What is the markup in percent?
  36. 36.One friendship band costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  37. 37.One cupcake costs ₹40 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹16 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One cup of lemonade costs ₹32 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 1
  2. 100
  3. 10 rupees
  4. 47
  5. what buyers will pay
  6. 100
  7. 100
  8. 24
  9. cost + a markup
  10. 2
  11. 33
  12. 25
  13. 25
  14. 23
  15. 50
  16. 13
  17. 3
  18. 50
  19. a loss
  20. 25
  21. 11
  22. 88
  23. 19
  24. 50
  25. 39
  26. 50
  27. 36
  28. 14
  29. 11
  30. 18
  31. 84
  32. 12
  33. 10
  34. 10
  35. 50
  36. 10
  37. 44
  38. 20
  39. 1
  40. 48

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