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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 697 · 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 ₹16 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One paper bookmark costs ₹50 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One handmade card costs ₹10 to make and Riya sells it for ₹11. What is the markup in percent?
  4. 4.One painted pebble costs ₹14 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.One bag of popcorn costs ₹10 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  7. 7.One friendship band costs ₹30 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One painted pebble costs ₹55 to make and Aarav sells it for ₹66. What is the markup in percent?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  10. 10.One handmade card costs ₹12 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One painted pebble costs ₹13 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One jute bag costs ₹33 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  13. 13.One handmade card costs ₹20 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One potted plant costs ₹46 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One friendship band costs ₹10 to make and Lakshmi sells it for ₹15. What is the markup in percent?
  16. 16.One jute bag costs ₹56 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  17. 17.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  18. 18.One bag of popcorn costs ₹60 to make and Vihaan sells it for ₹66. What is the markup in percent?
  19. 19.One fruit cup costs ₹56 to make and Ananya sells it for ₹112. What is the markup in percent?
  20. 20.One painted pebble costs ₹39 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One cupcake costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹20 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹60 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One glass of chai costs ₹12 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One potted plant costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹22 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One paper bookmark costs ₹35 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹40 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One friendship band costs ₹35 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹60 to make and Vihaan sells it for ₹75. What is the markup in percent?
  32. 32.One bag of popcorn costs ₹35 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One cup of lemonade costs ₹40 to make and Ananya sells it for ₹44. What is the markup in percent?
  34. 34.One jute bag costs ₹52 to make and Diya sells it for ₹78. What is the markup in percent?
  35. 35.One clay diya costs ₹50 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One painted pebble costs ₹12 to make and Meera sells it for ₹24. What is the markup in percent?
  37. 37.One jute bag costs ₹20 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹40 to make and Diya sells it for ₹44. What is the markup in percent?
  40. 40.One potted plant costs ₹24 to make. Diya adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 16
  2. 60
  3. 10
  4. 7
  5. 10
  6. cost + a markup
  7. 3
  8. 20
  9. 10 rupees
  10. 24
  11. 13
  12. 100
  13. 4
  14. 69
  15. 50
  16. 70
  17. a loss
  18. 10
  19. 100
  20. 78
  21. 33
  22. 22
  23. 6
  24. 15
  25. 44
  26. 11
  27. 7
  28. 4
  29. 22
  30. 7
  31. 25
  32. 7
  33. 10
  34. 50
  35. 60
  36. 100
  37. 25
  38. 10
  39. 10
  40. 30

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