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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 337 · 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 jute bag costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One clay diya costs ₹28 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One cupcake costs ₹36 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One paper bookmark costs ₹50 to make and Farhan sells it for ₹75. What is the markup in percent?
  5. 5.One handmade card costs ₹41 to make and Lakshmi sells it for ₹82. What is the markup in percent?
  6. 6.One paper bookmark costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One bag of popcorn costs ₹32 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹56 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.One painted pebble costs ₹50 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  11. 11.One friendship band costs ₹60 to make and Lakshmi sells it for ₹72. What is the markup in percent?
  12. 12.One fruit cup costs ₹14 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One bag of popcorn costs ₹40 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹12 to make and Ananya sells it for ₹15. What is the markup in percent?
  17. 17.One bag of popcorn costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One cup of lemonade costs ₹48 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One friendship band costs ₹60 to make and Arjun sells it for ₹75. What is the markup in percent?
  20. 20.One clay diya costs ₹29 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹30 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹58 to make and Diya sells it for ₹87. What is the markup in percent?
  23. 23.One cupcake costs ₹58 to make and Tara sells it for ₹116. What is the markup in percent?
  24. 24.One friendship band costs ₹50 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  26. 26.One clay diya costs ₹58 to make and Nisha sells it for ₹116. What is the markup in percent?
  27. 27.One fruit cup costs ₹39 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One handmade card costs ₹30 to make and Farhan sells it for ₹36. What is the markup in percent?
  29. 29.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  30. 30.One handmade card costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  31. 31.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  32. 32.One glass of chai costs ₹35 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹32 to make and Meera sells it for ₹40. What is the markup in percent?
  34. 34.One clay diya costs ₹60 to make and Nisha sells it for ₹75. What is the markup in percent?
  35. 35.One glass of chai costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  36. 36.One friendship band costs ₹40 to make and Riya sells it for ₹60. What is the markup in percent?
  37. 37.One glass of chai costs ₹38 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹46 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One cupcake costs ₹13 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹50 to make. Dev adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 1
  2. 28
  3. 9
  4. 50
  5. 100
  6. 22
  7. 40
  8. 28
  9. 10
  10. cost + a markup
  11. 20
  12. 28
  13. 44
  14. 11
  15. 22
  16. 25
  17. 11
  18. 60
  19. 25
  20. 58
  21. 3
  22. 50
  23. 100
  24. 5
  25. 10 rupees
  26. 100
  27. 39
  28. 20
  29. a loss
  30. 11
  31. what buyers will pay
  32. 42
  33. 25
  34. 25
  35. 10
  36. 50
  37. 57
  38. 69
  39. 13
  40. 75

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