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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 548 · 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 handmade card costs ₹50 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹46 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One handmade card costs ₹45 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One clay diya costs ₹52 to make and Rohan sells it for ₹65. What is the markup in percent?
  5. 5.One cupcake costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  6. 6.One friendship band costs ₹14 to make and Diya sells it for ₹21. What is the markup in percent?
  7. 7.One handmade card costs ₹48 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One fruit cup costs ₹60 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One cupcake costs ₹55 to make and Arjun sells it for ₹66. What is the markup in percent?
  10. 10.One fruit cup costs ₹20 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  12. 12.One clay diya costs ₹55 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One cupcake costs ₹40 to make and Diya sells it for ₹44. What is the markup in percent?
  14. 14.One cupcake costs ₹10 to make and Farhan sells it for ₹11. What is the markup in percent?
  15. 15.One fruit cup costs ₹30 to make and Zoya sells it for ₹33. What is the markup in percent?
  16. 16.One fruit cup costs ₹60 to make and Tara sells it for ₹120. What is the markup in percent?
  17. 17.One handmade card costs ₹32 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹56 to make and Kabir sells it for ₹70. What is the markup in percent?
  19. 19.One clay diya costs ₹15 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One bag of popcorn costs ₹44 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹16 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  23. 23.One bag of popcorn costs ₹22 to make and Farhan sells it for ₹33. What is the markup in percent?
  24. 24.One friendship band costs ₹17 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹42 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One cup of lemonade costs ₹46 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹32 to make and Diya sells it for ₹48. What is the markup in percent?
  28. 28.One painted pebble costs ₹20 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹40 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One handmade card costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  31. 31.One cupcake costs ₹50 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹50 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹43 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹30 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One friendship band costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  36. 36.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  37. 37.One cup of lemonade costs ₹48 to make and Kabir sells it for ₹60. What is the markup in percent?
  38. 38.One clay diya costs ₹45 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One painted pebble costs ₹30 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹52 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 5
  2. 92
  3. 9
  4. 25
  5. 10
  6. 50
  7. 72
  8. 6
  9. 20
  10. 2
  11. what buyers will pay
  12. 11
  13. 10
  14. 10
  15. 10
  16. 100
  17. 8
  18. 25
  19. 3
  20. 11
  21. 4
  22. cost + a markup
  23. 50
  24. 17
  25. 21
  26. 69
  27. 50
  28. 5
  29. 80
  30. 10
  31. 60
  32. 75
  33. 86
  34. 6
  35. 11
  36. 10 rupees
  37. 25
  38. 90
  39. 33
  40. 13

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