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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 878 · 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 fruit cup costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹30 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One clay diya costs ₹50 to make and Tara sells it for ₹60. What is the markup in percent?
  4. 4.One handmade card costs ₹10 to make and Riya sells it for ₹11. What is the markup in percent?
  5. 5.One jute bag costs ₹23 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.One clay diya costs ₹49 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One paper bookmark costs ₹40 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One fruit cup costs ₹16 to make and Ishaan sells it for ₹20. What is the markup in percent?
  9. 9.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  10. 10.One paper bookmark costs ₹32 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹52 to make and Kavya sells it for ₹78. What is the markup in percent?
  12. 12.One cup of lemonade costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  13. 13.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) nothing else (d) your favourite number
  14. 14.One potted plant costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹40 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One friendship band costs ₹30 to make and Tara sells it for ₹60. What is the markup in percent?
  17. 17.One painted pebble costs ₹58 to make and Kavya sells it for ₹87. What is the markup in percent?
  18. 18.One glass of chai costs ₹40 to make and Aarav sells it for ₹48. What is the markup in percent?
  19. 19.One glass of chai costs ₹40 to make and Joseph sells it for ₹44. What is the markup in percent?
  20. 20.One bag of popcorn costs ₹32 to make and Dev sells it for ₹64. What is the markup in percent?
  21. 21.One friendship band costs ₹37 to make and Meera sells it for ₹74. What is the markup in percent?
  22. 22.One potted plant costs ₹14 to make and Nisha sells it for ₹21. What is the markup in percent?
  23. 23.One glass of chai costs ₹35 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹16 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹10 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹20 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  27. 27.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 20 rupees (d) 5 rupees
  28. 28.One friendship band costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One friendship band costs ₹48 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹18 to make and Kabir sells it for ₹36. What is the markup in percent?
  31. 31.One fruit cup costs ₹34 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹10 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹30 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One painted pebble costs ₹32 to make and Ananya sells it for ₹48. What is the markup in percent?
  35. 35.One bag of popcorn costs ₹36 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹40 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One clay diya costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One cupcake costs ₹30 to make and Ishaan sells it for ₹33. What is the markup in percent?
  39. 39.One fruit cup costs ₹12 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One clay diya costs ₹46 to make. Riya adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 33
  2. 36
  3. 20
  4. 10
  5. 23
  6. 49
  7. 4
  8. 25
  9. cost + a markup
  10. 48
  11. 50
  12. 66
  13. what buyers will pay
  14. 11
  15. 10
  16. 100
  17. 50
  18. 20
  19. 10
  20. 100
  21. 100
  22. 50
  23. 42
  24. 20
  25. 12
  26. 25
  27. 10 rupees
  28. 11
  29. 96
  30. 100
  31. 17
  32. 11
  33. 33
  34. 50
  35. 72
  36. 48
  37. 66
  38. 10
  39. 6
  40. 69

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