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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 880 · 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 ₹48 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹11 to make and Kavya sells it for ₹22. What is the markup in percent?
  3. 3.One potted plant costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  4. 4.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  5. 5.One painted pebble costs ₹16 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One handmade card costs ₹50 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  8. 8.One cupcake costs ₹60 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One paper bookmark costs ₹14 to make and Kabir sells it for ₹28. What is the markup in percent?
  10. 10.One jute bag costs ₹10 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One glass of chai costs ₹52 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One friendship band costs ₹45 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One cupcake costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  14. 14.One paper bookmark costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One paper bookmark costs ₹12 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹60 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  17. 17.One friendship band costs ₹54 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One handmade card costs ₹20 to make and Ananya sells it for ₹30. What is the markup in percent?
  19. 19.One handmade card costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  20. 20.One handmade card costs ₹30 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹35 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹18 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  24. 24.One cup of lemonade costs ₹32 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One potted plant costs ₹10 to make and Kavya sells it for ₹12. What is the markup in percent?
  26. 26.One potted plant costs ₹25 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹52 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹48 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹28 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One painted pebble costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹30 to make and Kavya sells it for ₹33. What is the markup in percent?
  32. 32.One glass of chai costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?
  33. 33.One jute bag costs ₹60 to make and Saanvi sells it for ₹90. What is the markup in percent?
  34. 34.One glass of chai costs ₹58 to make and Gurpreet sells it for ₹116. What is the markup in percent?
  35. 35.One potted plant costs ₹50 to make and Vihaan sells it for ₹55. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹52 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One clay diya costs ₹16 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  38. 38.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  39. 39.One jute bag costs ₹20 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹32 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 12
  2. 100
  3. 22
  4. a loss
  5. 4
  6. 55
  7. cost + a markup
  8. 15
  9. 100
  10. 2
  11. 13
  12. 54
  13. 10
  14. 1
  15. 15
  16. 10
  17. 27
  18. 50
  19. 10
  20. 3
  21. 7
  22. 9
  23. what buyers will pay
  24. 48
  25. 20
  26. 30
  27. 104
  28. 48
  29. 28
  30. 22
  31. 10
  32. 10
  33. 50
  34. 100
  35. 10
  36. 65
  37. 24
  38. 10 rupees
  39. 4
  40. 8

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