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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 782 · 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 ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹36 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹27 to make and Riya sells it for ₹54. What is the markup in percent?
  4. 4.One clay diya costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 20 rupees (d) 50 rupees
  6. 6.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  7. 7.One clay diya costs ₹30 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One potted plant costs ₹32 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One clay diya costs ₹20 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One bag of popcorn costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹20 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One potted plant costs ₹50 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  15. 15.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  16. 16.One clay diya costs ₹32 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One jute bag costs ₹28 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹44 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹40 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹24 to make and Riya sells it for ₹30. What is the markup in percent?
  22. 22.One handmade card costs ₹48 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One paper bookmark costs ₹10 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  24. 24.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  25. 25.One clay diya costs ₹10 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹45 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹56 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹10 to make and Riya sells it for ₹11. What is the markup in percent?
  29. 29.One painted pebble costs ₹57 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹22 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One friendship band costs ₹58 to make and Nisha sells it for ₹87. What is the markup in percent?
  32. 32.One clay diya costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  33. 33.One cupcake costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One painted pebble costs ₹37 to make and Dev sells it for ₹74. What is the markup in percent?
  35. 35.One cupcake costs ₹52 to make and Ananya sells it for ₹65. What is the markup in percent?
  36. 36.One painted pebble costs ₹50 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One cupcake costs ₹55 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹40 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹15 to make and Ishaan sells it for ₹18. What is the markup in percent?
  40. 40.One cupcake costs ₹35 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 1
  2. 45
  3. 100
  4. 11
  5. 10 rupees
  6. what buyers will pay
  7. 33
  8. 8
  9. 4
  10. 22
  11. 25
  12. 22
  13. 50
  14. 10
  15. a loss
  16. 8
  17. 55
  18. 35
  19. 66
  20. 44
  21. 25
  22. 12
  23. 12
  24. cost + a markup
  25. 2
  26. 54
  27. 14
  28. 10
  29. 114
  30. 33
  31. 50
  32. 10
  33. 6
  34. 100
  35. 25
  36. 25
  37. 66
  38. 8
  39. 20
  40. 35

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