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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 857 · 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 jute bag costs ₹18 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One fruit cup costs ₹34 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  4. 4.One handmade card costs ₹16 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One jute bag costs ₹54 to make and Kabir sells it for ₹81. What is the markup in percent?
  6. 6.One clay diya costs ₹20 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.One jute bag costs ₹30 to make and Ananya sells it for ₹33. What is the markup in percent?
  8. 8.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  9. 9.One clay diya costs ₹46 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One glass of chai costs ₹10 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One friendship band costs ₹20 to make and Saanvi sells it for ₹22. What is the markup in percent?
  12. 12.One handmade card costs ₹20 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  14. 14.One clay diya costs ₹10 to make and Lakshmi sells it for ₹12. What is the markup in percent?
  15. 15.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  16. 16.One bag of popcorn costs ₹49 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One bag of popcorn costs ₹20 to make and Ananya sells it for ₹22. What is the markup in percent?
  18. 18.One cupcake costs ₹40 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One painted pebble costs ₹12 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One fruit cup costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  21. 21.One paper bookmark costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One bag of popcorn costs ₹35 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One handmade card costs ₹18 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹16 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹20 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One potted plant costs ₹27 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹10 to make and Kavya sells it for ₹11. What is the markup in percent?
  28. 28.One cupcake costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹60 to make and Riya sells it for ₹90. What is the markup in percent?
  30. 30.One jute bag costs ₹56 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One glass of chai costs ₹40 to make and Ananya sells it for ₹80. What is the markup in percent?
  32. 32.One clay diya costs ₹13 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹28 to make and Tara sells it for ₹35. What is the markup in percent?
  34. 34.One cupcake costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹45 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One fruit cup costs ₹45 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹12 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One paper bookmark costs ₹56 to make and Kabir sells it for ₹70. What is the markup in percent?
  39. 39.One jute bag costs ₹45 to make and Rohan sells it for ₹54. What is the markup in percent?
  40. 40.One clay diya costs ₹10 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 9
  2. 68
  3. 10 rupees
  4. 20
  5. 50
  6. 4
  7. 10
  8. cost + a markup
  9. 23
  10. 11
  11. 10
  12. 2
  13. a loss
  14. 20
  15. what buyers will pay
  16. 49
  17. 10
  18. 8
  19. 3
  20. 10
  21. 66
  22. 42
  23. 36
  24. 20
  25. 30
  26. 54
  27. 10
  28. 11
  29. 50
  30. 14
  31. 100
  32. 26
  33. 25
  34. 11
  35. 9
  36. 90
  37. 12
  38. 25
  39. 20
  40. 12

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