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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 535 · 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 cupcake costs ₹28 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One painted pebble costs ₹56 to make and Dev sells it for ₹70. What is the markup in percent?
  3. 3.One jute bag costs ₹50 to make and Tara sells it for ₹55. What is the markup in percent?
  4. 4.One handmade card costs ₹60 to make and Meera sells it for ₹66. What is the markup in percent?
  5. 5.One fruit cup costs ₹60 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One paper bookmark costs ₹36 to make and Ananya sells it for ₹45. What is the markup in percent?
  7. 7.One glass of chai costs ₹50 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One bag of popcorn costs ₹32 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One friendship band costs ₹20 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  10. 10.One clay diya costs ₹24 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹40 to make and Dev sells it for ₹44. What is the markup in percent?
  12. 12.One jute bag costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  13. 13.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  14. 14.One glass of chai costs ₹30 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One potted plant costs ₹60 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹20 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹36 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹28 to make and Tara sells it for ₹35. What is the markup in percent?
  19. 19.One jute bag costs ₹35 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One handmade card costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹25 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One potted plant costs ₹10 to make and Farhan sells it for ₹12. What is the markup in percent?
  23. 23.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  24. 24.One glass of chai costs ₹30 to make and Aarav sells it for ₹33. What is the markup in percent?
  25. 25.One bag of popcorn costs ₹30 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  26. 26.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 50 rupees (d) 5 rupees
  27. 27.One painted pebble costs ₹28 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹40 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  29. 29.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) nothing else (d) your favourite number
  30. 30.One paper bookmark costs ₹32 to make and Kabir sells it for ₹40. What is the markup in percent?
  31. 31.One clay diya costs ₹16 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One handmade card costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One glass of chai costs ₹50 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹50 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One bag of popcorn costs ₹26 to make and Vihaan sells it for ₹39. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹36 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One friendship band costs ₹45 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹16 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹36 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One friendship band costs ₹50 to make and Ananya sells it for ₹55. What is the markup in percent?

Answer key

  1. 28
  2. 25
  3. 10
  4. 10
  5. 66
  6. 25
  7. 50
  8. 8
  9. 20
  10. 30
  11. 10
  12. 44
  13. cost + a markup
  14. 6
  15. 75
  16. 25
  17. 72
  18. 25
  19. 7
  20. 10
  21. 5
  22. 20
  23. a loss
  24. 10
  25. 33
  26. 10 rupees
  27. 14
  28. 50
  29. what buyers will pay
  30. 25
  31. 8
  32. 1
  33. 5
  34. 5
  35. 50
  36. 36
  37. 54
  38. 16
  39. 54
  40. 10

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