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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 524 · 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 ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  3. 3.One clay diya costs ₹20 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One handmade card costs ₹12 to make and Aarav sells it for ₹15. What is the markup in percent?
  5. 5.One fruit cup costs ₹28 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One fruit cup costs ₹16 to make and Lakshmi sells it for ₹20. What is the markup in percent?
  7. 7.One cup of lemonade costs ₹50 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One bag of popcorn costs ₹60 to make and Saanvi sells it for ₹66. What is the markup in percent?
  9. 9.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  10. 10.One glass of chai costs ₹38 to make and Aarav sells it for ₹76. What is the markup in percent?
  11. 11.One cupcake costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One handmade card costs ₹24 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹52 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One paper bookmark costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One friendship band costs ₹36 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹24 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹22 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹25 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One handmade card costs ₹10 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹46 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹56 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  22. 22.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  23. 23.One friendship band costs ₹56 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹44 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹50 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One potted plant costs ₹10 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One potted plant costs ₹60 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One jute bag costs ₹28 to make and Kabir sells it for ₹35. What is the markup in percent?
  29. 29.One painted pebble costs ₹44 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One jute bag costs ₹40 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One clay diya costs ₹60 to make and Kavya sells it for ₹66. What is the markup in percent?
  32. 32.One bag of popcorn costs ₹38 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹30 to make and Rohan sells it for ₹45. What is the markup in percent?
  34. 34.One cupcake costs ₹60 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹26 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹56 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹40 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  38. 38.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  39. 39.One painted pebble costs ₹10 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹47 to make. Tara adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 3
  2. cost + a markup
  3. 4
  4. 25
  5. 35
  6. 25
  7. 5
  8. 10
  9. what buyers will pay
  10. 100
  11. 1
  12. 30
  13. 78
  14. 1
  15. 45
  16. 30
  17. 33
  18. 5
  19. 12
  20. 23
  21. 112
  22. 10 rupees
  23. 84
  24. 88
  25. 100
  26. 5
  27. 66
  28. 25
  29. 11
  30. 4
  31. 10
  32. 57
  33. 50
  34. 72
  35. 13
  36. 14
  37. 48
  38. a loss
  39. 12
  40. 94

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