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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 889 · 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 ₹40 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹10 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One paper bookmark costs ₹30 to make and Meera sells it for ₹33. What is the markup in percent?
  4. 4.One potted plant costs ₹14 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  6. 6.One paper bookmark costs ₹36 to make and Joseph sells it for ₹45. What is the markup in percent?
  7. 7.One bag of popcorn costs ₹60 to make and Saanvi sells it for ₹72. What is the markup in percent?
  8. 8.One handmade card costs ₹35 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹34 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One glass of chai costs ₹43 to make and Lakshmi sells it for ₹86. What is the markup in percent?
  11. 11.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  12. 12.One potted plant costs ₹12 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹12 to make and Rohan sells it for ₹18. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹60 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹40 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One glass of chai costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹10 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹22 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One potted plant costs ₹16 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One fruit cup costs ₹40 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One clay diya costs ₹24 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One friendship band costs ₹60 to make and Meera sells it for ₹66. What is the markup in percent?
  23. 23.One clay diya costs ₹56 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One potted plant costs ₹20 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One glass of chai costs ₹40 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One glass of chai costs ₹26 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One clay diya costs ₹10 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹36 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One glass of chai costs ₹48 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One potted plant costs ₹44 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One glass of chai costs ₹20 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One cupcake costs ₹44 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹10 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹52 to make and Farhan sells it for ₹65. What is the markup in percent?
  36. 36.One paper bookmark costs ₹20 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One friendship band costs ₹30 to make and Riya sells it for ₹33. What is the markup in percent?
  38. 38.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  39. 39.One paper bookmark costs ₹21 to make and Ananya sells it for ₹42. What is the markup in percent?
  40. 40.One paper bookmark costs ₹30 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 4
  2. 10
  3. 10
  4. 14
  5. what buyers will pay
  6. 25
  7. 20
  8. 42
  9. 68
  10. 100
  11. cost + a markup
  12. 3
  13. 50
  14. 6
  15. 4
  16. 2
  17. 12
  18. 33
  19. 20
  20. 10
  21. 30
  22. 10
  23. 14
  24. 10
  25. 40
  26. 13
  27. 12
  28. 36
  29. 60
  30. 11
  31. 55
  32. 2
  33. 66
  34. 12
  35. 25
  36. 2
  37. 10
  38. a loss
  39. 100
  40. 3

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