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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 616 · 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 jute bag costs ₹16 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  3. 3.One painted pebble costs ₹24 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One friendship band costs ₹20 to make and Ananya sells it for ₹22. What is the markup in percent?
  5. 5.One bag of popcorn costs ₹53 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One jute bag costs ₹44 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One friendship band costs ₹30 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One potted plant costs ₹35 to make and Saanvi sells it for ₹42. What is the markup in percent?
  9. 9.One handmade card costs ₹36 to make and Aarav sells it for ₹45. What is the markup in percent?
  10. 10.One clay diya costs ₹42 to make and Kabir sells it for ₹84. What is the markup in percent?
  11. 11.One paper bookmark costs ₹60 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One cup of lemonade costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  15. 15.One handmade card costs ₹15 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  17. 17.One jute bag costs ₹24 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One potted plant costs ₹28 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One bag of popcorn costs ₹48 to make and Ananya sells it for ₹60. What is the markup in percent?
  20. 20.One cup of lemonade costs ₹35 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹16 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹12 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  25. 25.One friendship band costs ₹40 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One fruit cup costs ₹44 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹12 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One bag of popcorn costs ₹50 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹14 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹28 to make and Lakshmi sells it for ₹35. What is the markup in percent?
  31. 31.One bag of popcorn costs ₹24 to make and Gurpreet sells it for ₹30. What is the markup in percent?
  32. 32.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  33. 33.One bag of popcorn costs ₹32 to make and Kabir sells it for ₹40. What is the markup in percent?
  34. 34.One cup of lemonade costs ₹60 to make and Kavya sells it for ₹66. What is the markup in percent?
  35. 35.One clay diya costs ₹20 to make and Riya sells it for ₹22. What is the markup in percent?
  36. 36.One potted plant costs ₹48 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One paper bookmark costs ₹22 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹56 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One fruit cup costs ₹52 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 4
  2. cost + a markup
  3. 30
  4. 10
  5. 106
  6. 66
  7. 3
  8. 20
  9. 25
  10. 100
  11. 15
  12. 1
  13. what buyers will pay
  14. 10 rupees
  15. 18
  16. 10
  17. 12
  18. 42
  19. 25
  20. 35
  21. 22
  22. 32
  23. 18
  24. 10
  25. 8
  26. 55
  27. 24
  28. 60
  29. 7
  30. 25
  31. 25
  32. a loss
  33. 25
  34. 10
  35. 10
  36. 24
  37. 44
  38. 22
  39. 56
  40. 104

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