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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 898 · 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 ₹20 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One jute bag costs ₹16 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One painted pebble costs ₹52 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One painted pebble costs ₹14 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹40 to make and Aarav sells it for ₹80. What is the markup in percent?
  6. 6.One painted pebble costs ₹55 to make and Rohan sells it for ₹66. What is the markup in percent?
  7. 7.One fruit cup costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One bag of popcorn costs ₹30 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹20 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  11. 11.One handmade card costs ₹60 to make and Nisha sells it for ₹75. What is the markup in percent?
  12. 12.One potted plant costs ₹20 to make and Riya sells it for ₹22. What is the markup in percent?
  13. 13.One glass of chai costs ₹20 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One clay diya costs ₹30 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹10 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One handmade card costs ₹24 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One bag of popcorn costs ₹41 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹16 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹42 to make and Zoya sells it for ₹63. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹24 to make and Vihaan sells it for ₹36. What is the markup in percent?
  22. 22.One painted pebble costs ₹12 to make and Rohan sells it for ₹15. What is the markup in percent?
  23. 23.One painted pebble costs ₹30 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  25. 25.One paper bookmark costs ₹32 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One fruit cup costs ₹36 to make and Kavya sells it for ₹54. What is the markup in percent?
  27. 27.One glass of chai costs ₹49 to make and Zoya sells it for ₹98. What is the markup in percent?
  28. 28.One fruit cup costs ₹30 to make and Arjun sells it for ₹33. What is the markup in percent?
  29. 29.One friendship band costs ₹40 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹20 to make and Kabir sells it for ₹22. What is the markup in percent?
  31. 31.One handmade card costs ₹20 to make and Riya sells it for ₹22. What is the markup in percent?
  32. 32.One jute bag costs ₹40 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹20 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹25 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One bag of popcorn costs ₹21 to make and Dev sells it for ₹42. What is the markup in percent?
  36. 36.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  37. 37.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  38. 38.One fruit cup costs ₹40 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹24 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹10 to make. Tara adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 24
  2. 4
  3. 65
  4. 21
  5. 100
  6. 20
  7. 6
  8. 33
  9. 24
  10. cost + a markup
  11. 25
  12. 10
  13. 4
  14. 36
  15. 5
  16. 6
  17. 41
  18. 66
  19. 4
  20. 50
  21. 50
  22. 25
  23. 3
  24. 10 rupees
  25. 8
  26. 50
  27. 100
  28. 10
  29. 40
  30. 10
  31. 10
  32. 48
  33. 22
  34. 5
  35. 100
  36. what buyers will pay
  37. a loss
  38. 44
  39. 6
  40. 11

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