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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 482 · 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 paper bookmark costs ₹57 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  3. 3.One fruit cup costs ₹10 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹36 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One cup of lemonade costs ₹20 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹60 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One bag of popcorn costs ₹16 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One friendship band costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One friendship band costs ₹30 to make and Ishaan sells it for ₹36. What is the markup in percent?
  10. 10.One handmade card costs ₹58 to make and Joseph sells it for ₹87. What is the markup in percent?
  11. 11.One fruit cup costs ₹11 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  13. 13.One fruit cup costs ₹21 to make and Kavya sells it for ₹42. What is the markup in percent?
  14. 14.One potted plant costs ₹40 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One fruit cup costs ₹30 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One jute bag costs ₹20 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One handmade card costs ₹10 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  19. 19.One clay diya costs ₹31 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One fruit cup costs ₹35 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹21 to make and Riya sells it for ₹42. What is the markup in percent?
  22. 22.One cup of lemonade costs ₹10 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  24. 24.One cup of lemonade costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One painted pebble costs ₹18 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹14 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹10 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One bag of popcorn costs ₹34 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹14 to make and Dev sells it for ₹21. What is the markup in percent?
  30. 30.One clay diya costs ₹45 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹44 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹40 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One fruit cup costs ₹19 to make and Nisha sells it for ₹38. What is the markup in percent?
  34. 34.One glass of chai costs ₹30 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹60 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹24 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹14 to make and Kavya sells it for ₹21. What is the markup in percent?
  40. 40.One cupcake costs ₹13 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 114
  2. cost + a markup
  3. 20
  4. 9
  5. 22
  6. 66
  7. 32
  8. 11
  9. 20
  10. 50
  11. 11
  12. a loss
  13. 100
  14. 4
  15. 6
  16. 2
  17. 15
  18. 10 rupees
  19. 31
  20. 70
  21. 100
  22. 5
  23. what buyers will pay
  24. 5
  25. 18
  26. 7
  27. 12
  28. 51
  29. 50
  30. 54
  31. 88
  32. 4
  33. 100
  34. 36
  35. 15
  36. 36
  37. 22
  38. 44
  39. 50
  40. 26

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