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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 78 · 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.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  2. 2.One clay diya costs ₹32 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One potted plant costs ₹52 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One cupcake costs ₹58 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One glass of chai costs ₹50 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One paper bookmark costs ₹30 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One painted pebble costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One friendship band costs ₹15 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One painted pebble costs ₹54 to make and Vihaan sells it for ₹81. What is the markup in percent?
  10. 10.One jute bag costs ₹50 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One fruit cup costs ₹32 to make and Gurpreet sells it for ₹48. What is the markup in percent?
  12. 12.One glass of chai costs ₹10 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One friendship band costs ₹45 to make and Vihaan sells it for ₹54. What is the markup in percent?
  14. 14.One jute bag costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹60 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  17. 17.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  19. 19.One painted pebble costs ₹20 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹30 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One potted plant costs ₹16 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One bag of popcorn costs ₹35 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹35 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹60 to make and Zoya sells it for ₹72. What is the markup in percent?
  25. 25.One potted plant costs ₹30 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹45 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹38 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One clay diya costs ₹10 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One handmade card costs ₹58 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One cupcake costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹56 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹52 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹15 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One friendship band costs ₹30 to make and Diya sells it for ₹60. What is the markup in percent?
  36. 36.One cupcake costs ₹32 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One clay diya costs ₹32 to make and Gurpreet sells it for ₹40. What is the markup in percent?
  38. 38.One jute bag costs ₹60 to make and Riya sells it for ₹66. What is the markup in percent?
  39. 39.One fruit cup costs ₹52 to make and Kavya sells it for ₹78. What is the markup in percent?
  40. 40.One bag of popcorn costs ₹36 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. cost + a markup
  2. 40
  3. 65
  4. 87
  5. 100
  6. 33
  7. 3
  8. 3
  9. 50
  10. 55
  11. 50
  12. 2
  13. 20
  14. 11
  15. 12
  16. 15
  17. a loss
  18. 10 rupees
  19. 24
  20. 45
  21. 20
  22. 42
  23. 42
  24. 20
  25. 6
  26. 90
  27. 55
  28. 76
  29. 11
  30. 29
  31. 33
  32. 70
  33. 13
  34. 18
  35. 100
  36. 8
  37. 25
  38. 10
  39. 50
  40. 9

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