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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 44 · 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 fruit cup costs ₹35 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  3. 3.One handmade card costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  4. 4.One paper bookmark costs ₹60 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  6. 6.One paper bookmark costs ₹18 to make and Arjun sells it for ₹36. What is the markup in percent?
  7. 7.One painted pebble costs ₹60 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One jute bag costs ₹10 to make and Tara sells it for ₹11. What is the markup in percent?
  9. 9.One paper bookmark costs ₹40 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  10. 10.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  11. 11.One cupcake costs ₹50 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One friendship band costs ₹20 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹30 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One friendship band costs ₹45 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One friendship band costs ₹35 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹50 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  19. 19.One cup of lemonade costs ₹24 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One friendship band costs ₹40 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹34 to make and Diya sells it for ₹51. What is the markup in percent?
  22. 22.One friendship band costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
  23. 23.One paper bookmark costs ₹45 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One fruit cup costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹45 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One potted plant costs ₹56 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹40 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One paper bookmark costs ₹24 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹46 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One handmade card costs ₹50 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹29 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹44 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹11 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One paper bookmark costs ₹40 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One cupcake costs ₹60 to make and Gurpreet sells it for ₹72. What is the markup in percent?
  36. 36.One friendship band costs ₹32 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹20 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹50 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹10 to make. Tara adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 42
  2. cost + a markup
  3. 10
  4. 60
  5. 10 rupees
  6. 100
  7. 15
  8. 10
  9. 48
  10. a loss
  11. 60
  12. 2
  13. 30
  14. 54
  15. 42
  16. 75
  17. 3
  18. what buyers will pay
  19. 12
  20. 80
  21. 50
  22. 10
  23. 9
  24. 4
  25. 54
  26. 70
  27. 20
  28. 12
  29. 69
  30. 5
  31. 58
  32. 55
  33. 22
  34. 20
  35. 20
  36. 48
  37. 2
  38. 66
  39. 55
  40. 11

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