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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 725 · 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 ₹10 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One painted pebble costs ₹44 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One cup of lemonade costs ₹24 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One handmade card costs ₹30 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹27 to make and Arjun sells it for ₹54. What is the markup in percent?
  7. 7.One jute bag costs ₹50 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One bag of popcorn costs ₹37 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹20 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  11. 11.One friendship band costs ₹44 to make and Kavya sells it for ₹55. What is the markup in percent?
  12. 12.One friendship band costs ₹17 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  14. 14.One bag of popcorn costs ₹60 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One paper bookmark costs ₹12 to make and Aarav sells it for ₹15. What is the markup in percent?
  16. 16.One bag of popcorn costs ₹12 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One fruit cup costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  18. 18.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  19. 19.One clay diya costs ₹46 to make and Meera sells it for ₹69. What is the markup in percent?
  20. 20.One jute bag costs ₹45 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹30 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹28 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹36 to make and Diya sells it for ₹45. What is the markup in percent?
  24. 24.One fruit cup costs ₹19 to make and Zoya sells it for ₹38. What is the markup in percent?
  25. 25.One cupcake costs ₹24 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One painted pebble costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One friendship band costs ₹24 to make and Rohan sells it for ₹30. What is the markup in percent?
  28. 28.One bag of popcorn costs ₹45 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  30. 30.One cup of lemonade costs ₹22 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One potted plant costs ₹24 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹20 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹36 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹15 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹28 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One jute bag costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹60 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  39. 39.One glass of chai costs ₹10 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹44 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 22
  3. 6
  4. 36
  5. 44
  6. 100
  7. 10
  8. 74
  9. 20
  10. 10 rupees
  11. 25
  12. 17
  13. a loss
  14. 72
  15. 25
  16. 15
  17. 66
  18. what buyers will pay
  19. 50
  20. 54
  21. 33
  22. 56
  23. 25
  24. 100
  25. 6
  26. 66
  27. 25
  28. 45
  29. cost + a markup
  30. 33
  31. 30
  32. 25
  33. 9
  34. 18
  35. 42
  36. 2
  37. 72
  38. 10
  39. 2
  40. 55

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