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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 796 · 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 ₹27 to make and Arjun sells it for ₹54. What is the markup in percent?
  2. 2.One friendship band costs ₹13 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One cupcake costs ₹18 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One fruit cup costs ₹22 to make and Ananya sells it for ₹33. What is the markup in percent?
  5. 5.One fruit cup costs ₹25 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  7. 7.One paper bookmark costs ₹30 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One handmade card costs ₹24 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One handmade card costs ₹24 to make and Diya sells it for ₹30. What is the markup in percent?
  10. 10.One handmade card costs ₹13 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One cupcake costs ₹36 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One painted pebble costs ₹24 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One friendship band costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹30 to make and Tara sells it for ₹33. What is the markup in percent?
  15. 15.One jute bag costs ₹24 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹14 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One glass of chai costs ₹60 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One jute bag costs ₹32 to make and Zoya sells it for ₹48. What is the markup in percent?
  19. 19.One clay diya costs ₹20 to make and Meera sells it for ₹25. What is the markup in percent?
  20. 20.One glass of chai costs ₹60 to make and Riya sells it for ₹72. What is the markup in percent?
  21. 21.One friendship band costs ₹20 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹30 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹28 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  24. 24.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  25. 25.One cupcake costs ₹30 to make and Tara sells it for ₹36. What is the markup in percent?
  26. 26.One fruit cup costs ₹10 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 20 rupees (d) 50 rupees
  28. 28.One handmade card costs ₹50 to make and Ananya sells it for ₹55. What is the markup in percent?
  29. 29.One jute bag costs ₹31 to make and Lakshmi sells it for ₹62. What is the markup in percent?
  30. 30.One friendship band costs ₹20 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  32. 32.One fruit cup costs ₹46 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹20 to make and Kabir sells it for ₹24. What is the markup in percent?
  34. 34.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  35. 35.One potted plant costs ₹36 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹60 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹24 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹33 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One fruit cup costs ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹60 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 100
  2. 26
  3. 9
  4. 50
  5. 5
  6. a loss
  7. 6
  8. 30
  9. 25
  10. 13
  11. 9
  12. 6
  13. 1
  14. 10
  15. 6
  16. 7
  17. 75
  18. 50
  19. 25
  20. 20
  21. 24
  22. 33
  23. 42
  24. cost + a markup
  25. 20
  26. 1
  27. 10 rupees
  28. 10
  29. 100
  30. 20
  31. 10
  32. 69
  33. 20
  34. what buyers will pay
  35. 36
  36. 15
  37. 6
  38. 66
  39. 60
  40. 6

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