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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 257 · 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 ₹40 to make and Gurpreet sells it for ₹50. What is the markup in percent?
  2. 2.One fruit cup costs ₹58 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One cup of lemonade costs ₹20 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One jute bag costs ₹36 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  7. 7.One paper bookmark costs ₹14 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One fruit cup costs ₹24 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One paper bookmark costs ₹44 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.One cup of lemonade costs ₹46 to make and Aarav sells it for ₹69. What is the markup in percent?
  11. 11.One cup of lemonade costs ₹45 to make and Saanvi sells it for ₹54. What is the markup in percent?
  12. 12.One fruit cup costs ₹55 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One clay diya costs ₹12 to make and Farhan sells it for ₹15. What is the markup in percent?
  14. 14.One cup of lemonade costs ₹30 to make and Rohan sells it for ₹36. What is the markup in percent?
  15. 15.One paper bookmark costs ₹45 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹30 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One clay diya costs ₹25 to make and Rohan sells it for ₹30. What is the markup in percent?
  19. 19.One potted plant costs ₹50 to make and Ishaan sells it for ₹100. What is the markup in percent?
  20. 20.One cup of lemonade costs ₹20 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One bag of popcorn costs ₹15 to make and Tara sells it for ₹18. What is the markup in percent?
  23. 23.One fruit cup costs ₹50 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  24. 24.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  25. 25.One glass of chai costs ₹58 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹40 to make and Kavya sells it for ₹44. What is the markup in percent?
  27. 27.One paper bookmark costs ₹30 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹16 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹16 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One fruit cup costs ₹46 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹48 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One painted pebble costs ₹60 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One jute bag costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One paper bookmark costs ₹45 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One fruit cup costs ₹12 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One friendship band costs ₹40 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One cup of lemonade costs ₹24 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One bag of popcorn costs ₹16 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹24 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 25
  2. 116
  3. 22
  4. 45
  5. cost + a markup
  6. 10 rupees
  7. 7
  8. 24
  9. 11
  10. 50
  11. 20
  12. 11
  13. 25
  14. 20
  15. 54
  16. 44
  17. 3
  18. 20
  19. 100
  20. 4
  21. 1
  22. 20
  23. 60
  24. what buyers will pay
  25. 87
  26. 10
  27. 33
  28. 4
  29. 20
  30. 23
  31. 12
  32. 15
  33. 18
  34. 9
  35. 6
  36. 50
  37. 48
  38. 3
  39. 20
  40. 6

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