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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 220 · 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 friendship band costs ₹36 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One glass of chai costs ₹40 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One handmade card costs ₹44 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One bag of popcorn costs ₹30 to make and Riya sells it for ₹33. What is the markup in percent?
  5. 5.One friendship band costs ₹57 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.One bag of popcorn costs ₹32 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  8. 8.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  9. 9.One jute bag costs ₹19 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  10. 10.One cupcake costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹11 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One handmade card costs ₹15 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One paper bookmark costs ₹20 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  14. 14.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
  15. 15.One cup of lemonade costs ₹10 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One glass of chai costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
  17. 17.One clay diya costs ₹22 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  18. 18.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  19. 19.One fruit cup costs ₹36 to make and Aarav sells it for ₹54. What is the markup in percent?
  20. 20.One friendship band costs ₹50 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹50 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹50 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One cup of lemonade costs ₹60 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹10 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One friendship band costs ₹56 to make and Gurpreet sells it for ₹70. What is the markup in percent?
  26. 26.One painted pebble costs ₹32 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹50 to make and Diya sells it for ₹75. What is the markup in percent?
  28. 28.One clay diya costs ₹24 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹32 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One potted plant costs ₹28 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹36 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One clay diya costs ₹49 to make and Arjun sells it for ₹98. What is the markup in percent?
  33. 33.One cupcake costs ₹55 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹34 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One glass of chai costs ₹46 to make and Saanvi sells it for ₹92. What is the markup in percent?
  36. 36.One clay diya costs ₹24 to make and Zoya sells it for ₹30. What is the markup in percent?
  37. 37.One handmade card costs ₹24 to make and Ananya sells it for ₹48. What is the markup in percent?
  38. 38.One handmade card costs ₹34 to make and Ishaan sells it for ₹51. What is the markup in percent?
  39. 39.One cup of lemonade costs ₹45 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹40 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 36
  2. 48
  3. 66
  4. 10
  5. 57
  6. 40
  7. 10 rupees
  8. cost + a markup
  9. 19
  10. 11
  11. 11
  12. 3
  13. 30
  14. a loss
  15. 12
  16. 10
  17. 44
  18. what buyers will pay
  19. 50
  20. 55
  21. 50
  22. 5
  23. 12
  24. 2
  25. 25
  26. 8
  27. 50
  28. 12
  29. 8
  30. 7
  31. 18
  32. 100
  33. 11
  34. 68
  35. 100
  36. 25
  37. 100
  38. 50
  39. 54
  40. 48

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