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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 632 · 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 ₹28 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One potted plant costs ₹36 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One jute bag costs ₹12 to make and Ananya sells it for ₹18. What is the markup in percent?
  4. 4.One glass of chai costs ₹40 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One cupcake costs ₹50 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  7. 7.One friendship band costs ₹35 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹40 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹16 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One friendship band costs ₹15 to make and Meera sells it for ₹18. What is the markup in percent?
  11. 11.One friendship band costs ₹16 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹15 to make and Saanvi sells it for ₹18. What is the markup in percent?
  13. 13.One jute bag costs ₹16 to make and Meera sells it for ₹20. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹54 to make and Ishaan sells it for ₹108. What is the markup in percent?
  15. 15.One cupcake costs ₹25 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One handmade card costs ₹48 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One cupcake costs ₹60 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One bag of popcorn costs ₹16 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One friendship band costs ₹60 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One jute bag costs ₹33 to make and Ananya sells it for ₹66. What is the markup in percent?
  21. 21.One bag of popcorn costs ₹20 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹30 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹10 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  24. 24.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  25. 25.One fruit cup costs ₹12 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹20 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹15 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) your favourite number (d) the weather only
  29. 29.One potted plant costs ₹35 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹56 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹28 to make and Dev sells it for ₹56. What is the markup in percent?
  32. 32.One cupcake costs ₹38 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One painted pebble costs ₹38 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  35. 35.One fruit cup costs ₹50 to make and Farhan sells it for ₹100. What is the markup in percent?
  36. 36.One potted plant costs ₹60 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹60 to make and Tara sells it for ₹75. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One friendship band costs ₹45 to make and Kavya sells it for ₹54. What is the markup in percent?
  40. 40.One handmade card costs ₹56 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 35
  2. 9
  3. 50
  4. 48
  5. 55
  6. 10 rupees
  7. 42
  8. 44
  9. 20
  10. 20
  11. 4
  12. 20
  13. 25
  14. 100
  15. 5
  16. 72
  17. 90
  18. 20
  19. 15
  20. 100
  21. 25
  22. 45
  23. 12
  24. cost + a markup
  25. 6
  26. 24
  27. 3
  28. what buyers will pay
  29. 42
  30. 84
  31. 100
  32. 76
  33. 19
  34. a loss
  35. 100
  36. 72
  37. 25
  38. 3
  39. 20
  40. 14

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