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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 270 · 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 ₹28 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One handmade card costs ₹26 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  3. 3.One glass of chai costs ₹56 to make and Joseph sells it for ₹84. What is the markup in percent?
  4. 4.One paper bookmark costs ₹20 to make and Kavya sells it for ₹25. What is the markup in percent?
  5. 5.One cup of lemonade costs ₹20 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  6. 6.One clay diya costs ₹40 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One glass of chai costs ₹16 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  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 painted pebble costs ₹10 to make and Nisha sells it for ₹12. What is the markup in percent?
  10. 10.One painted pebble costs ₹30 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One cupcake costs ₹25 to make and Meera sells it for ₹30. What is the markup in percent?
  12. 12.One paper bookmark costs ₹21 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  14. 14.One bag of popcorn costs ₹28 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One fruit cup costs ₹45 to make and Tara sells it for ₹54. What is the markup in percent?
  16. 16.One fruit cup costs ₹60 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  17. 17.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  18. 18.One paper bookmark costs ₹38 to make and Farhan sells it for ₹76. What is the markup in percent?
  19. 19.One painted pebble costs ₹33 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One jute bag costs ₹30 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹15 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹32 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹58 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One paper bookmark costs ₹50 to make and Farhan sells it for ₹55. What is the markup in percent?
  26. 26.One fruit cup costs ₹40 to make and Arjun sells it for ₹44. What is the markup in percent?
  27. 27.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  28. 28.One potted plant costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One clay diya costs ₹15 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹17 to make and Kabir sells it for ₹34. What is the markup in percent?
  31. 31.One potted plant costs ₹48 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One paper bookmark costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹56 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One paper bookmark costs ₹48 to make and Saanvi sells it for ₹72. What is the markup in percent?
  35. 35.One fruit cup costs ₹52 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One fruit cup costs ₹60 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One cup of lemonade costs ₹55 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One clay diya costs ₹22 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One friendship band costs ₹50 to make and Farhan sells it for ₹55. What is the markup in percent?
  40. 40.One potted plant costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 56
  2. 39
  3. 50
  4. 25
  5. 50
  6. 44
  7. 4
  8. cost + a markup
  9. 20
  10. 45
  11. 20
  12. 21
  13. 10 rupees
  14. 35
  15. 20
  16. 75
  17. what buyers will pay
  18. 100
  19. 66
  20. 15
  21. 18
  22. 33
  23. 48
  24. 87
  25. 10
  26. 10
  27. a loss
  28. 1
  29. 18
  30. 100
  31. 12
  32. 15
  33. 84
  34. 50
  35. 13
  36. 66
  37. 11
  38. 11
  39. 10
  40. 55

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