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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 7 · 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 ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  2. 2.One cup of lemonade costs ₹60 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One cup of lemonade costs ₹36 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  5. 5.One cup of lemonade costs ₹16 to make and Lakshmi sells it for ₹24. What is the markup in percent?
  6. 6.One paper bookmark costs ₹10 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.One glass of chai costs ₹60 to make and Lakshmi sells it for ₹75. What is the markup in percent?
  8. 8.One painted pebble costs ₹23 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹16 to make and Dev sells it for ₹20. What is the markup in percent?
  10. 10.One paper bookmark costs ₹38 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.One bag of popcorn costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹30 to make and Arjun sells it for ₹36. What is the markup in percent?
  13. 13.One paper bookmark costs ₹24 to make and Kabir sells it for ₹30. What is the markup in percent?
  14. 14.One cupcake costs ₹28 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One paper bookmark costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One paper bookmark costs ₹43 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹52 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One clay diya costs ₹28 to make and Saanvi sells it for ₹35. What is the markup in percent?
  19. 19.One painted pebble costs ₹56 to make and Kavya sells it for ₹70. What is the markup in percent?
  20. 20.One handmade card costs ₹24 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One friendship band costs ₹24 to make and Lakshmi sells it for ₹36. What is the markup in percent?
  22. 22.One glass of chai costs ₹52 to make and Vihaan sells it for ₹65. What is the markup in percent?
  23. 23.One paper bookmark costs ₹25 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One jute bag costs ₹46 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹52 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹26 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One friendship band costs ₹60 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One potted plant costs ₹48 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹24 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One friendship band costs ₹60 to make and Lakshmi sells it for ₹90. What is the markup in percent?
  31. 31.One friendship band costs ₹24 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One potted plant costs ₹30 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One clay diya costs ₹30 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One cupcake costs ₹54 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One clay diya costs ₹60 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹12 to make and Nisha sells it for ₹15. What is the markup in percent?
  38. 38.One cup of lemonade costs ₹48 to make and Meera sells it for ₹72. What is the markup in percent?
  39. 39.One jute bag costs ₹10 to make and Kavya sells it for ₹15. What is the markup in percent?
  40. 40.One fruit cup costs ₹59 to make and Joseph sells it for ₹118. What is the markup in percent?

Answer key

  1. 10
  2. 30
  3. 45
  4. cost + a markup
  5. 50
  6. 2
  7. 25
  8. 46
  9. 25
  10. 19
  11. 33
  12. 20
  13. 25
  14. 56
  15. 1
  16. 86
  17. 13
  18. 25
  19. 25
  20. 6
  21. 50
  22. 25
  23. 5
  24. 23
  25. 52
  26. 39
  27. 72
  28. 12
  29. 12
  30. 50
  31. 48
  32. 6
  33. 36
  34. 5
  35. 108
  36. 6
  37. 25
  38. 50
  39. 50
  40. 100

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