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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 726 · 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. Tara adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One fruit cup costs ₹48 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One cupcake costs ₹45 to make and Diya sells it for ₹54. What is the markup in percent?
  4. 4.One paper bookmark costs ₹12 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One fruit cup costs ₹24 to make and Kabir sells it for ₹30. What is the markup in percent?
  6. 6.One jute bag costs ₹50 to make and Diya sells it for ₹55. What is the markup in percent?
  7. 7.One paper bookmark costs ₹26 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One potted plant costs ₹24 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One friendship band costs ₹46 to make and Arjun sells it for ₹69. What is the markup in percent?
  10. 10.One handmade card costs ₹56 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One bag of popcorn costs ₹32 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One cupcake costs ₹10 to make and Gurpreet sells it for ₹12. What is the markup in percent?
  13. 13.One potted plant costs ₹57 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  14. 14.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  15. 15.One glass of chai costs ₹45 to make and Arjun sells it for ₹54. What is the markup in percent?
  16. 16.One glass of chai costs ₹27 to make and Kavya sells it for ₹54. What is the markup in percent?
  17. 17.One paper bookmark costs ₹20 to make and Tara sells it for ₹30. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹40 to make and Arjun sells it for ₹48. What is the markup in percent?
  19. 19.One paper bookmark costs ₹48 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹36 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) what buyers will pay (d) the weather only
  22. 22.One cup of lemonade costs ₹10 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One cupcake costs ₹20 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One clay diya costs ₹10 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One potted plant costs ₹28 to make and Joseph sells it for ₹35. What is the markup in percent?
  26. 26.One jute bag costs ₹60 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹14 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  28. 28.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  29. 29.One cup of lemonade costs ₹53 to make and Arjun sells it for ₹106. What is the markup in percent?
  30. 30.One painted pebble costs ₹20 to make and Joseph sells it for ₹24. What is the markup in percent?
  31. 31.One clay diya costs ₹14 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹22 to make and Rohan sells it for ₹33. What is the markup in percent?
  33. 33.One fruit cup costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  35. 35.One fruit cup costs ₹60 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One clay diya costs ₹32 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One cup of lemonade costs ₹10 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One handmade card costs ₹50 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One bag of popcorn costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹16 to make and Tara sells it for ₹24. What is the markup in percent?

Answer key

  1. 4
  2. 60
  3. 20
  4. 15
  5. 25
  6. 10
  7. 26
  8. 30
  9. 50
  10. 84
  11. 48
  12. 20
  13. 114
  14. a loss
  15. 20
  16. 100
  17. 50
  18. 20
  19. 60
  20. 9
  21. what buyers will pay
  22. 1
  23. 2
  24. 10
  25. 25
  26. 6
  27. 21
  28. 10 rupees
  29. 100
  30. 20
  31. 7
  32. 50
  33. 66
  34. 10
  35. 75
  36. 48
  37. 2
  38. 10
  39. 1
  40. 50

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