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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 885 · 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 cupcake costs ₹11 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹14 to make and Kabir sells it for ₹21. What is the markup in percent?
  4. 4.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  5. 5.One handmade card costs ₹33 to make and Ananya sells it for ₹66. What is the markup in percent?
  6. 6.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  7. 7.One friendship band costs ₹50 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One clay diya costs ₹20 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One potted plant costs ₹55 to make and Dev sells it for ₹66. What is the markup in percent?
  10. 10.One friendship band costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One potted plant costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  13. 13.One painted pebble costs ₹50 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹43 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One jute bag costs ₹43 to make and Ishaan sells it for ₹86. What is the markup in percent?
  16. 16.One glass of chai costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One clay diya costs ₹35 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One fruit cup costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One cupcake costs ₹60 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹24 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One bag of popcorn costs ₹24 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹24 to make and Nisha sells it for ₹30. What is the markup in percent?
  24. 24.One potted plant costs ₹24 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One friendship band costs ₹50 to make and Saanvi sells it for ₹55. What is the markup in percent?
  26. 26.One potted plant costs ₹56 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One potted plant costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  28. 28.One clay diya costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  30. 30.One painted pebble costs ₹40 to make and Kabir sells it for ₹44. What is the markup in percent?
  31. 31.One jute bag costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  32. 32.One fruit cup costs ₹18 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One glass of chai costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One fruit cup costs ₹55 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹20 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹40 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹55 to make and Aarav sells it for ₹66. What is the markup in percent?
  38. 38.One cup of lemonade costs ₹32 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One paper bookmark costs ₹20 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One glass of chai costs ₹44 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 11
  2. 48
  3. 50
  4. cost + a markup
  5. 100
  6. a loss
  7. 25
  8. 5
  9. 20
  10. 5
  11. 11
  12. 10 rupees
  13. 55
  14. 43
  15. 100
  16. 33
  17. 42
  18. 3
  19. 11
  20. 72
  21. 30
  22. 30
  23. 25
  24. 6
  25. 10
  26. 70
  27. 10
  28. 33
  29. 10
  30. 10
  31. 10
  32. 9
  33. 5
  34. 66
  35. 24
  36. 50
  37. 20
  38. 8
  39. 24
  40. 55

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