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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 707 · 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 ₹40 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹52 to make and Kavya sells it for ₹78. What is the markup in percent?
  3. 3.One painted pebble costs ₹55 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One handmade card costs ₹26 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One cup of lemonade costs ₹48 to make and Farhan sells it for ₹72. What is the markup in percent?
  6. 6.One cupcake costs ₹50 to make and Tara sells it for ₹60. What is the markup in percent?
  7. 7.One cup of lemonade costs ₹32 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One cup of lemonade costs ₹12 to make and Meera sells it for ₹15. What is the markup in percent?
  9. 9.One glass of chai costs ₹50 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One fruit cup costs ₹16 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One glass of chai costs ₹30 to make and Riya sells it for ₹45. What is the markup in percent?
  12. 12.One handmade card costs ₹36 to make and Rohan sells it for ₹54. What is the markup in percent?
  13. 13.One painted pebble costs ₹60 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One fruit cup costs ₹12 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One potted plant costs ₹30 to make and Riya sells it for ₹33. What is the markup in percent?
  16. 16.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  17. 17.One glass of chai costs ₹28 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  19. 19.One handmade card costs ₹11 to make and Riya sells it for ₹22. What is the markup in percent?
  20. 20.One potted plant costs ₹30 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One clay diya costs ₹30 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One jute bag costs ₹40 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹27 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹36 to make and Vihaan sells it for ₹54. What is the markup in percent?
  25. 25.One handmade card costs ₹44 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹52 to make and Nisha sells it for ₹65. What is the markup in percent?
  27. 27.One paper bookmark costs ₹48 to make and Vihaan sells it for ₹72. What is the markup in percent?
  28. 28.One glass of chai costs ₹14 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹60 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One cupcake costs ₹20 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  32. 32.One glass of chai costs ₹60 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One bag of popcorn costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  34. 34.One jute bag costs ₹34 to make and Tara sells it for ₹51. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹50 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹48 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One clay diya costs ₹10 to make and Rohan sells it for ₹12. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹28 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹18 to make and Rohan sells it for ₹36. What is the markup in percent?

Answer key

  1. 48
  2. 50
  3. 66
  4. 26
  5. 50
  6. 20
  7. 40
  8. 25
  9. 5
  10. 16
  11. 50
  12. 50
  13. 66
  14. 12
  15. 10
  16. what buyers will pay
  17. 14
  18. cost + a markup
  19. 100
  20. 36
  21. 3
  22. 50
  23. 54
  24. 50
  25. 66
  26. 25
  27. 50
  28. 21
  29. 66
  30. 5
  31. a loss
  32. 75
  33. 10
  34. 50
  35. 25
  36. 24
  37. 20
  38. 22
  39. 35
  40. 100

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