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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 797 · 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 ₹20 to make and Nisha sells it for ₹22. What is the markup in percent?
  2. 2.One painted pebble costs ₹24 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One potted plant costs ₹49 to make and Kavya sells it for ₹98. What is the markup in percent?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  5. 5.One handmade card costs ₹20 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  7. 7.One jute bag costs ₹60 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One paper bookmark costs ₹24 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  10. 10.One potted plant costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹26 to make and Diya sells it for ₹39. What is the markup in percent?
  12. 12.One cupcake costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  14. 14.One fruit cup costs ₹22 to make and Meera sells it for ₹33. What is the markup in percent?
  15. 15.One bag of popcorn costs ₹38 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One cup of lemonade costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹40 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹60 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One jute bag costs ₹40 to make and Dev sells it for ₹44. What is the markup in percent?
  20. 20.One potted plant costs ₹40 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One potted plant costs ₹54 to make and Riya sells it for ₹81. What is the markup in percent?
  22. 22.One glass of chai costs ₹60 to make and Ananya sells it for ₹66. What is the markup in percent?
  23. 23.One potted plant costs ₹44 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One painted pebble costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One painted pebble costs ₹52 to make and Arjun sells it for ₹65. What is the markup in percent?
  26. 26.One cupcake costs ₹14 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One paper bookmark costs ₹42 to make and Ishaan sells it for ₹84. What is the markup in percent?
  28. 28.One cup of lemonade costs ₹44 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One friendship band costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  30. 30.One fruit cup costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹17 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One cupcake costs ₹50 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹40 to make and Ananya sells it for ₹48. What is the markup in percent?
  35. 35.One jute bag costs ₹36 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹11 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One painted pebble costs ₹23 to make and Saanvi sells it for ₹46. What is the markup in percent?
  38. 38.One potted plant costs ₹30 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹15 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹58 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 30
  3. 100
  4. 10 rupees
  5. 24
  6. cost + a markup
  7. 75
  8. 30
  9. a loss
  10. 33
  11. 50
  12. 55
  13. what buyers will pay
  14. 50
  15. 76
  16. 22
  17. 48
  18. 66
  19. 10
  20. 44
  21. 50
  22. 10
  23. 11
  24. 5
  25. 25
  26. 7
  27. 100
  28. 55
  29. 10
  30. 33
  31. 11
  32. 17
  33. 60
  34. 20
  35. 9
  36. 11
  37. 100
  38. 45
  39. 30
  40. 87

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