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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 609 · 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 painted pebble costs ₹45 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One clay diya costs ₹43 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) the weather only (d) nothing else
  4. 4.One jute bag costs ₹30 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One fruit cup costs ₹20 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One cupcake costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One jute bag costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One paper bookmark costs ₹10 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹43 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One bag of popcorn costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One handmade card costs ₹59 to make and Arjun sells it for ₹118. What is the markup in percent?
  12. 12.One clay diya costs ₹40 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹30 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  14. 14.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  15. 15.One cup of lemonade costs ₹16 to make and Dev sells it for ₹20. What is the markup in percent?
  16. 16.One friendship band costs ₹30 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹48 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  19. 19.One cup of lemonade costs ₹28 to make and Rohan sells it for ₹35. What is the markup in percent?
  20. 20.One cup of lemonade costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One jute bag costs ₹40 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One cupcake costs ₹45 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹13 to make and Farhan sells it for ₹26. What is the markup in percent?
  24. 24.One fruit cup costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹25 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One fruit cup costs ₹36 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹60 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One painted pebble costs ₹55 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹15 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One glass of chai costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One potted plant costs ₹44 to make and Arjun sells it for ₹55. What is the markup in percent?
  32. 32.One handmade card costs ₹54 to make and Rohan sells it for ₹81. What is the markup in percent?
  33. 33.One cup of lemonade costs ₹12 to make and Dev sells it for ₹24. What is the markup in percent?
  34. 34.One cupcake costs ₹44 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹15 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹28 to make and Joseph sells it for ₹42. What is the markup in percent?
  37. 37.One bag of popcorn costs ₹40 to make and Lakshmi sells it for ₹50. What is the markup in percent?
  38. 38.One handmade card costs ₹40 to make and Lakshmi sells it for ₹44. What is the markup in percent?
  39. 39.One cupcake costs ₹32 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹20 to make and Dev sells it for ₹25. What is the markup in percent?

Answer key

  1. 54
  2. 86
  3. what buyers will pay
  4. 3
  5. 2
  6. 6
  7. 66
  8. 12
  9. 86
  10. 6
  11. 100
  12. 50
  13. 36
  14. cost + a markup
  15. 25
  16. 60
  17. 12
  18. 10 rupees
  19. 25
  20. 11
  21. 48
  22. 54
  23. 100
  24. 66
  25. 5
  26. 54
  27. 75
  28. 66
  29. 30
  30. 11
  31. 25
  32. 50
  33. 100
  34. 88
  35. 3
  36. 50
  37. 25
  38. 10
  39. 8
  40. 25

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