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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 746 · 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 handmade card costs ₹42 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹30 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.One cupcake costs ₹24 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One paper bookmark costs ₹35 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One glass of chai costs ₹12 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One potted plant costs ₹10 to make and Dev sells it for ₹15. What is the markup in percent?
  7. 7.One paper bookmark costs ₹25 to make and Diya sells it for ₹30. What is the markup in percent?
  8. 8.One potted plant costs ₹38 to make and Aarav sells it for ₹57. What is the markup in percent?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  10. 10.One painted pebble costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One friendship band costs ₹43 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One bag of popcorn costs ₹55 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  13. 13.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  14. 14.One potted plant costs ₹52 to make and Riya sells it for ₹78. What is the markup in percent?
  15. 15.One glass of chai costs ₹12 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  16. 16.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  17. 17.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  18. 18.One glass of chai costs ₹37 to make and Ananya sells it for ₹74. What is the markup in percent?
  19. 19.One friendship band costs ₹31 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One clay diya costs ₹40 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One fruit cup costs ₹30 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹20 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One painted pebble costs ₹11 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹20 to make and Kabir sells it for ₹24. What is the markup in percent?
  25. 25.One painted pebble costs ₹52 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One clay diya costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹52 to make and Kabir sells it for ₹65. What is the markup in percent?
  28. 28.One handmade card costs ₹16 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹30 to make and Tara sells it for ₹33. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹20 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One handmade card costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One handmade card costs ₹60 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One friendship band costs ₹12 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One friendship band costs ₹45 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One painted pebble costs ₹28 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One fruit cup costs ₹21 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One potted plant costs ₹20 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 63
  2. 3
  3. 6
  4. 42
  5. 3
  6. 50
  7. 20
  8. 50
  9. 10 rupees
  10. 11
  11. 86
  12. 66
  13. a loss
  14. 50
  15. 15
  16. cost + a markup
  17. what buyers will pay
  18. 100
  19. 31
  20. 8
  21. 15
  22. 22
  23. 22
  24. 20
  25. 65
  26. 33
  27. 25
  28. 20
  29. 10
  30. 33
  31. 4
  32. 9
  33. 75
  34. 66
  35. 3
  36. 54
  37. 42
  38. 3
  39. 21
  40. 2

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