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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 569 · 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 ₹34 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One jute bag costs ₹26 to make and Ishaan sells it for ₹39. What is the markup in percent?
  3. 3.One fruit cup costs ₹10 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One potted plant costs ₹30 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One cupcake costs ₹52 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One glass of chai costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  7. 7.One friendship band costs ₹15 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  9. 9.One potted plant costs ₹36 to make and Riya sells it for ₹45. What is the markup in percent?
  10. 10.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  11. 11.One potted plant costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One fruit cup costs ₹34 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One friendship band costs ₹50 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹14 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹56 to make and Vihaan sells it for ₹70. What is the markup in percent?
  16. 16.One paper bookmark costs ₹55 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹50 to make and Ananya sells it for ₹75. What is the markup in percent?
  18. 18.One painted pebble costs ₹25 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One cupcake costs ₹50 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹56 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹36 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One cup of lemonade costs ₹38 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One cup of lemonade costs ₹30 to make and Ananya sells it for ₹33. What is the markup in percent?
  24. 24.One cupcake costs ₹50 to make and Zoya sells it for ₹55. What is the markup in percent?
  25. 25.One cup of lemonade costs ₹44 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One potted plant costs ₹55 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One bag of popcorn costs ₹28 to make and Aarav sells it for ₹35. What is the markup in percent?
  28. 28.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  29. 29.One glass of chai costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹26 to make and Ananya sells it for ₹52. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹60 to make and Diya sells it for ₹72. What is the markup in percent?
  32. 32.One cupcake costs ₹42 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹30 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹15 to make and Diya sells it for ₹18. What is the markup in percent?
  35. 35.One bag of popcorn costs ₹58 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹30 to make and Joseph sells it for ₹45. What is the markup in percent?
  37. 37.One cup of lemonade costs ₹41 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One clay diya costs ₹38 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹55 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  40. 40.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees

Answer key

  1. 17
  2. 50
  3. 12
  4. 6
  5. 78
  6. 10
  7. 18
  8. what buyers will pay
  9. 25
  10. a loss
  11. 66
  12. 68
  13. 10
  14. 14
  15. 25
  16. 66
  17. 50
  18. 5
  19. 60
  20. 84
  21. 45
  22. 19
  23. 10
  24. 10
  25. 11
  26. 66
  27. 25
  28. cost + a markup
  29. 33
  30. 100
  31. 20
  32. 84
  33. 3
  34. 20
  35. 116
  36. 50
  37. 82
  38. 19
  39. 66
  40. 10 rupees

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