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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 688 · 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 clay diya costs ₹44 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹48 to make and Kavya sells it for ₹60. What is the markup in percent?
  3. 3.One glass of chai costs ₹38 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹28 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.One potted plant costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One potted plant costs ₹19 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One potted plant costs ₹60 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  9. 9.One paper bookmark costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One friendship band costs ₹16 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One clay diya costs ₹12 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹18 to make and Diya sells it for ₹36. What is the markup in percent?
  14. 14.One jute bag costs ₹36 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  15. 15.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  16. 16.One cupcake costs ₹52 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One fruit cup costs ₹45 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One cup of lemonade costs ₹30 to make and Kavya sells it for ₹45. What is the markup in percent?
  19. 19.One painted pebble costs ₹25 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹52 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  22. 22.One cup of lemonade costs ₹40 to make and Zoya sells it for ₹60. What is the markup in percent?
  23. 23.One bag of popcorn costs ₹60 to make and Kabir sells it for ₹90. What is the markup in percent?
  24. 24.One glass of chai costs ₹18 to make and Rohan sells it for ₹36. What is the markup in percent?
  25. 25.One handmade card costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One potted plant costs ₹20 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹15 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹35 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One handmade card costs ₹20 to make and Riya sells it for ₹22. What is the markup in percent?
  31. 31.One glass of chai costs ₹27 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹28 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹50 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One fruit cup costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One painted pebble costs ₹54 to make and Farhan sells it for ₹108. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹56 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹60 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹17 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One friendship band costs ₹20 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 11
  2. 25
  3. 19
  4. 14
  5. 1
  6. 38
  7. 66
  8. what buyers will pay
  9. 22
  10. 22
  11. 20
  12. 18
  13. 100
  14. 72
  15. cost + a markup
  16. 78
  17. 9
  18. 50
  19. 30
  20. 52
  21. 10 rupees
  22. 50
  23. 50
  24. 100
  25. 66
  26. 30
  27. 15
  28. 1
  29. 42
  30. 10
  31. 27
  32. 35
  33. 10
  34. 22
  35. 100
  36. 11
  37. 112
  38. 6
  39. 34
  40. 25

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