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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 767 · 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 paper bookmark costs ₹45 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹48 to make and Farhan sells it for ₹60. What is the markup in percent?
  3. 3.One painted pebble costs ₹16 to make and Aarav sells it for ₹20. What is the markup in percent?
  4. 4.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  5. 5.One bag of popcorn costs ₹48 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One paper bookmark costs ₹40 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One clay diya costs ₹36 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One cup of lemonade costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One bag of popcorn costs ₹16 to make and Diya sells it for ₹24. What is the markup in percent?
  10. 10.One potted plant costs ₹15 to make and Ananya sells it for ₹30. What is the markup in percent?
  11. 11.One handmade card costs ₹26 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹50 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  14. 14.One paper bookmark costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One paper bookmark costs ₹34 to make and Farhan sells it for ₹68. What is the markup in percent?
  16. 16.One friendship band costs ₹20 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹35 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One clay diya costs ₹24 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  20. 20.One jute bag costs ₹28 to make and Vihaan sells it for ₹56. What is the markup in percent?
  21. 21.One handmade card costs ₹54 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One jute bag costs ₹38 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹44 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One friendship band costs ₹36 to make and Ishaan sells it for ₹54. What is the markup in percent?
  25. 25.One cupcake costs ₹40 to make and Saanvi sells it for ₹44. What is the markup in percent?
  26. 26.One cup of lemonade costs ₹26 to make and Kavya sells it for ₹39. What is the markup in percent?
  27. 27.One cup of lemonade costs ₹16 to make and Lakshmi sells it for ₹32. What is the markup in percent?
  28. 28.One cupcake costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹10 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
  31. 31.One handmade card costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹36 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One fruit cup costs ₹12 to make and Aarav sells it for ₹15. What is the markup in percent?
  34. 34.One jute bag costs ₹25 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One glass of chai costs ₹55 to make and Nisha sells it for ₹66. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹30 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹12 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One potted plant costs ₹40 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹40 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 45
  2. 25
  3. 25
  4. what buyers will pay
  5. 24
  6. 50
  7. 45
  8. 44
  9. 50
  10. 100
  11. 39
  12. 10
  13. cost + a markup
  14. 1
  15. 100
  16. 25
  17. 7
  18. 24
  19. 10 rupees
  20. 100
  21. 81
  22. 19
  23. 11
  24. 50
  25. 10
  26. 50
  27. 100
  28. 22
  29. 5
  30. a loss
  31. 22
  32. 18
  33. 25
  34. 30
  35. 20
  36. 3
  37. 15
  38. 11
  39. 4
  40. 8

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