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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 690 · 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 ₹19 to make and Vihaan sells it for ₹38. What is the markup in percent?
  2. 2.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  3. 3.One fruit cup costs ₹28 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One friendship band costs ₹54 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.One friendship band costs ₹25 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One bag of popcorn costs ₹40 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.One bag of popcorn costs ₹36 to make and Ananya sells it for ₹45. What is the markup in percent?
  8. 8.One friendship band costs ₹18 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One cupcake costs ₹34 to make and Vihaan sells it for ₹51. What is the markup in percent?
  10. 10.One potted plant costs ₹52 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One clay diya costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  12. 12.One bag of popcorn costs ₹44 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One bag of popcorn costs ₹53 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹15 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  16. 16.One bag of popcorn costs ₹35 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One bag of popcorn costs ₹25 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹12 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One friendship band costs ₹14 to make and Rohan sells it for ₹21. What is the markup in percent?
  20. 20.One handmade card costs ₹40 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹10 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹41 to make and Nisha sells it for ₹82. What is the markup in percent?
  23. 23.One bag of popcorn costs ₹40 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One cupcake costs ₹60 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹20 to make and Nisha sells it for ₹25. What is the markup in percent?
  26. 26.One fruit cup costs ₹16 to make and Tara sells it for ₹24. What is the markup in percent?
  27. 27.One bag of popcorn costs ₹45 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹10 to make and Ananya sells it for ₹12. What is the markup in percent?
  29. 29.One glass of chai costs ₹50 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹20 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One cupcake costs ₹60 to make and Diya sells it for ₹72. What is the markup in percent?
  32. 32.One friendship band costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
  33. 33.One potted plant costs ₹30 to make and Meera sells it for ₹33. What is the markup in percent?
  34. 34.One cup of lemonade costs ₹17 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  35. 35.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  36. 36.One painted pebble costs ₹10 to make and Gurpreet sells it for ₹11. What is the markup in percent?
  37. 37.One jute bag costs ₹60 to make and Kabir sells it for ₹90. What is the markup in percent?
  38. 38.One fruit cup costs ₹20 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One glass of chai costs ₹16 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹56 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 100
  2. cost + a markup
  3. 42
  4. 27
  5. 30
  6. 8
  7. 25
  8. 27
  9. 50
  10. 65
  11. 10
  12. 11
  13. 53
  14. 3
  15. 10 rupees
  16. 7
  17. 5
  18. 3
  19. 50
  20. 60
  21. 12
  22. 100
  23. 4
  24. 6
  25. 25
  26. 50
  27. 90
  28. 20
  29. 60
  30. 22
  31. 20
  32. 10
  33. 10
  34. 34
  35. a loss
  36. 10
  37. 50
  38. 2
  39. 20
  40. 84

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