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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 406 · 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 ₹15 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  2. 2.One potted plant costs ₹10 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.One cupcake costs ₹16 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One bag of popcorn costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One cupcake costs ₹32 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One bag of popcorn costs ₹56 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹51 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  9. 9.One cupcake costs ₹10 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹60 to make and Gurpreet sells it for ₹72. What is the markup in percent?
  11. 11.One cupcake costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One glass of chai costs ₹33 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹54 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One friendship band costs ₹18 to make and Farhan sells it for ₹36. What is the markup in percent?
  15. 15.One glass of chai costs ₹60 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One cupcake costs ₹40 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One jute bag costs ₹20 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  18. 18.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  19. 19.One fruit cup costs ₹49 to make and Vihaan sells it for ₹98. What is the markup in percent?
  20. 20.One clay diya costs ₹60 to make and Ananya sells it for ₹66. What is the markup in percent?
  21. 21.One friendship band costs ₹20 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One cupcake costs ₹59 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  23. 23.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  24. 24.One jute bag costs ₹17 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One potted plant costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹10 to make and Riya sells it for ₹20. What is the markup in percent?
  27. 27.One clay diya costs ₹22 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹33 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One cup of lemonade costs ₹26 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One painted pebble costs ₹60 to make and Kavya sells it for ₹66. What is the markup in percent?
  31. 31.One potted plant costs ₹20 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One friendship band costs ₹50 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One bag of popcorn costs ₹55 to make and Joseph sells it for ₹110. What is the markup in percent?
  34. 34.One glass of chai costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  35. 35.One glass of chai costs ₹45 to make and Aarav sells it for ₹54. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹10 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹50 to make and Aarav sells it for ₹60. What is the markup in percent?
  38. 38.One paper bookmark costs ₹25 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹60 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹30 to make and Lakshmi sells it for ₹33. What is the markup in percent?

Answer key

  1. 3
  2. 1
  3. 24
  4. 4
  5. 8
  6. 84
  7. 51
  8. a loss
  9. 12
  10. 20
  11. 11
  12. 66
  13. 27
  14. 100
  15. 75
  16. 4
  17. 24
  18. cost + a markup
  19. 100
  20. 10
  21. 24
  22. 118
  23. 10 rupees
  24. 34
  25. 22
  26. 100
  27. 44
  28. 66
  29. 13
  30. 10
  31. 5
  32. 60
  33. 100
  34. 10
  35. 20
  36. 12
  37. 20
  38. 5
  39. 72
  40. 10

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