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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 631 · 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 ₹46 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One clay diya costs ₹30 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.One paper bookmark costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  4. 4.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  5. 5.One fruit cup costs ₹15 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  7. 7.One handmade card costs ₹45 to make and Meera sells it for ₹54. What is the markup in percent?
  8. 8.One cupcake costs ₹36 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One fruit cup costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  10. 10.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  11. 11.One glass of chai costs ₹40 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One paper bookmark costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  13. 13.One glass of chai costs ₹23 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  14. 14.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  15. 15.One clay diya costs ₹46 to make and Ananya sells it for ₹92. What is the markup in percent?
  16. 16.One bag of popcorn costs ₹36 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹20 to make and Kavya sells it for ₹25. What is the markup in percent?
  18. 18.One fruit cup costs ₹56 to make and Vihaan sells it for ₹70. What is the markup in percent?
  19. 19.One paper bookmark costs ₹10 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹45 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One fruit cup costs ₹56 to make and Kabir sells it for ₹70. What is the markup in percent?
  22. 22.One clay diya costs ₹38 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One cupcake costs ₹10 to make and Kavya sells it for ₹11. What is the markup in percent?
  24. 24.One painted pebble costs ₹10 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹20 to make and Joseph sells it for ₹22. What is the markup in percent?
  26. 26.One glass of chai costs ₹35 to make and Gurpreet sells it for ₹42. What is the markup in percent?
  27. 27.One handmade card costs ₹16 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One potted plant costs ₹39 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹42 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One handmade card costs ₹24 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹55 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One bag of popcorn costs ₹18 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One jute bag costs ₹30 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹30 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹54 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹20 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One paper bookmark costs ₹24 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹25 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹23 to make and Meera sells it for ₹46. What is the markup in percent?
  40. 40.One handmade card costs ₹18 to make. Meera adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 69
  2. 3
  3. 10
  4. cost + a markup
  5. 3
  6. 10 rupees
  7. 20
  8. 9
  9. 10
  10. a loss
  11. 44
  12. 10
  13. 46
  14. what buyers will pay
  15. 100
  16. 18
  17. 25
  18. 25
  19. 15
  20. 45
  21. 25
  22. 19
  23. 10
  24. 15
  25. 10
  26. 20
  27. 16
  28. 78
  29. 21
  30. 30
  31. 11
  32. 9
  33. 30
  34. 45
  35. 81
  36. 4
  37. 12
  38. 50
  39. 100
  40. 27

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