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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 263 · 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 ₹58 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  3. 3.One painted pebble costs ₹60 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One clay diya costs ₹30 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One glass of chai costs ₹40 to make and Riya sells it for ₹44. What is the markup in percent?
  6. 6.One paper bookmark costs ₹40 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One paper bookmark costs ₹10 to make and Ishaan sells it for ₹15. What is the markup in percent?
  8. 8.One jute bag costs ₹55 to make and Ishaan sells it for ₹66. What is the markup in percent?
  9. 9.One painted pebble costs ₹33 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One painted pebble costs ₹48 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.One fruit cup costs ₹30 to make and Aarav sells it for ₹45. What is the markup in percent?
  12. 12.One cup of lemonade costs ₹55 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One friendship band costs ₹10 to make and Farhan sells it for ₹11. What is the markup in percent?
  14. 14.One handmade card costs ₹48 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One bag of popcorn costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  16. 16.One handmade card costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹28 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) nothing else (d) your favourite number
  19. 19.One jute bag costs ₹45 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One friendship band costs ₹37 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹55 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹16 to make and Ananya sells it for ₹24. What is the markup in percent?
  23. 23.One handmade card costs ₹30 to make and Saanvi sells it for ₹33. What is the markup in percent?
  24. 24.One bag of popcorn costs ₹17 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  26. 26.One glass of chai costs ₹20 to make and Diya sells it for ₹22. What is the markup in percent?
  27. 27.One glass of chai costs ₹56 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One potted plant costs ₹57 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹48 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One clay diya costs ₹60 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One potted plant costs ₹15 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One jute bag costs ₹47 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One potted plant costs ₹20 to make and Diya sells it for ₹22. What is the markup in percent?
  34. 34.One potted plant costs ₹36 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One potted plant costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One handmade card costs ₹44 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹31 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One cupcake costs ₹10 to make and Tara sells it for ₹12. What is the markup in percent?
  39. 39.One paper bookmark costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One fruit cup costs ₹20 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 58
  2. cost + a markup
  3. 12
  4. 36
  5. 10
  6. 40
  7. 50
  8. 20
  9. 66
  10. 12
  11. 50
  12. 11
  13. 10
  14. 12
  15. 10
  16. 33
  17. 28
  18. what buyers will pay
  19. 9
  20. 74
  21. 110
  22. 50
  23. 10
  24. 34
  25. a loss
  26. 10
  27. 56
  28. 114
  29. 60
  30. 75
  31. 3
  32. 47
  33. 10
  34. 45
  35. 11
  36. 55
  37. 62
  38. 20
  39. 6
  40. 22

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