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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 381 · 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 ₹15 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  3. 3.One bag of popcorn costs ₹36 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One fruit cup costs ₹32 to make and Tara sells it for ₹40. What is the markup in percent?
  5. 5.One jute bag costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹56 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One cupcake costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  9. 9.One fruit cup costs ₹59 to make and Riya sells it for ₹118. What is the markup in percent?
  10. 10.One painted pebble costs ₹40 to make and Joseph sells it for ₹44. What is the markup in percent?
  11. 11.One painted pebble costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹57 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One painted pebble costs ₹11 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One fruit cup costs ₹16 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹50 to make and Kabir sells it for ₹60. What is the markup in percent?
  16. 16.One bag of popcorn costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One friendship band costs ₹25 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹50 to make and Meera sells it for ₹75. What is the markup in percent?
  19. 19.One cup of lemonade costs ₹56 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  21. 21.One potted plant costs ₹14 to make and Farhan sells it for ₹21. What is the markup in percent?
  22. 22.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  23. 23.One jute bag costs ₹16 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹40 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One handmade card costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  29. 29.One clay diya costs ₹46 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One handmade card costs ₹22 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One painted pebble costs ₹42 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One fruit cup costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One painted pebble costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  34. 34.One glass of chai costs ₹32 to make and Ishaan sells it for ₹40. What is the markup in percent?
  35. 35.One fruit cup costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One potted plant costs ₹20 to make and Ananya sells it for ₹25. What is the markup in percent?
  37. 37.One friendship band costs ₹15 to make and Saanvi sells it for ₹18. What is the markup in percent?
  38. 38.One painted pebble costs ₹30 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One jute bag costs ₹20 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One jute bag costs ₹12 to make and Farhan sells it for ₹24. What is the markup in percent?

Answer key

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

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