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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 388 · 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 friendship band costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One painted pebble costs ₹50 to make and Ishaan sells it for ₹55. What is the markup in percent?
  3. 3.One friendship band costs ₹42 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One friendship band costs ₹15 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One cupcake costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  6. 6.One handmade card costs ₹59 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One cupcake costs ₹15 to make and Kabir sells it for ₹30. What is the markup in percent?
  8. 8.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) the weather only (d) what buyers will pay
  9. 9.One bag of popcorn costs ₹50 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One clay diya costs ₹48 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.One bag of popcorn costs ₹24 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹16 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  13. 13.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  14. 14.📉 A price below the cost leads to… (a) free stock (b) a loss (c) a profit (d) break-even
  15. 15.One jute bag costs ₹55 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) cost − a markup (d) copy a rival
  17. 17.One cupcake costs ₹15 to make and Arjun sells it for ₹18. What is the markup in percent?
  18. 18.One bag of popcorn costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One cup of lemonade costs ₹28 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹14 to make and Diya sells it for ₹21. What is the markup in percent?
  21. 21.One jute bag costs ₹52 to make and Farhan sells it for ₹65. What is the markup in percent?
  22. 22.One cup of lemonade costs ₹10 to make and Kavya sells it for ₹12. What is the markup in percent?
  23. 23.One cup of lemonade costs ₹60 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One bag of popcorn costs ₹48 to make and Dev sells it for ₹72. What is the markup in percent?
  25. 25.One paper bookmark costs ₹59 to make and Riya sells it for ₹118. What is the markup in percent?
  26. 26.One handmade card costs ₹18 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One potted plant costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹20 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹30 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹11 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹12 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹52 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹20 to make and Farhan sells it for ₹24. What is the markup in percent?
  35. 35.One bag of popcorn costs ₹45 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One cup of lemonade costs ₹10 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One fruit cup costs ₹45 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹30 to make and Meera sells it for ₹36. What is the markup in percent?
  39. 39.One glass of chai costs ₹17 to make and Diya sells it for ₹34. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹20 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 1
  2. 10
  3. 42
  4. 18
  5. 10
  6. 118
  7. 100
  8. what buyers will pay
  9. 10
  10. 12
  11. 6
  12. 24
  13. 10 rupees
  14. a loss
  15. 11
  16. cost + a markup
  17. 20
  18. 1
  19. 42
  20. 50
  21. 25
  22. 20
  23. 72
  24. 50
  25. 100
  26. 27
  27. 44
  28. 10
  29. 45
  30. 11
  31. 18
  32. 44
  33. 13
  34. 20
  35. 45
  36. 2
  37. 9
  38. 20
  39. 100
  40. 4

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