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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 555 · 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 friendship band costs ₹39 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹14 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One cupcake costs ₹55 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹16 to make and Zoya sells it for ₹20. What is the markup in percent?
  5. 5.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  6. 6.One cup of lemonade costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One cup of lemonade costs ₹41 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One painted pebble costs ₹35 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹25 to make and Rohan sells it for ₹30. What is the markup in percent?
  10. 10.One cupcake costs ₹37 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One cupcake costs ₹56 to make and Nisha sells it for ₹70. What is the markup in percent?
  12. 12.One fruit cup costs ₹34 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One jute bag costs ₹30 to make and Farhan sells it for ₹36. What is the markup in percent?
  14. 14.One handmade card costs ₹14 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One fruit cup costs ₹45 to make and Arjun sells it for ₹54. What is the markup in percent?
  16. 16.One fruit cup costs ₹50 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One cup of lemonade costs ₹25 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One handmade card costs ₹48 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹28 to make and Ananya sells it for ₹35. What is the markup in percent?
  20. 20.One clay diya costs ₹33 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One paper bookmark costs ₹10 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  23. 23.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  24. 24.One handmade card costs ₹16 to make and Meera sells it for ₹20. What is the markup in percent?
  25. 25.One handmade card costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹60 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One bag of popcorn costs ₹50 to make and Lakshmi sells it for ₹60. What is the markup in percent?
  28. 28.One bag of popcorn costs ₹14 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹19 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One friendship band costs ₹44 to make and Kabir sells it for ₹55. What is the markup in percent?
  31. 31.One handmade card costs ₹45 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹56 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹32 to make and Gurpreet sells it for ₹40. What is the markup in percent?
  34. 34.One painted pebble costs ₹35 to make and Nisha sells it for ₹42. What is the markup in percent?
  35. 35.One paper bookmark costs ₹54 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹35 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One cupcake costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹18 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹25 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹44 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 78
  2. 28
  3. 66
  4. 25
  5. cost + a markup
  6. 33
  7. 82
  8. 42
  9. 20
  10. 74
  11. 25
  12. 51
  13. 20
  14. 28
  15. 20
  16. 5
  17. 5
  18. 96
  19. 25
  20. 33
  21. 10
  22. what buyers will pay
  23. 10 rupees
  24. 25
  25. 2
  26. 66
  27. 20
  28. 21
  29. 19
  30. 25
  31. 54
  32. 70
  33. 25
  34. 20
  35. 108
  36. 42
  37. 42
  38. 27
  39. 30
  40. 11

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