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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 902 · 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 painted pebble costs ₹28 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  3. 3.One paper bookmark costs ₹25 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One paper bookmark costs ₹21 to make and Diya sells it for ₹42. What is the markup in percent?
  5. 5.One clay diya costs ₹32 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One paper bookmark costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  7. 7.One cup of lemonade costs ₹35 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One handmade card costs ₹54 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  11. 11.One cupcake costs ₹50 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One handmade card costs ₹40 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One bag of popcorn costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹23 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One glass of chai costs ₹46 to make and Zoya sells it for ₹92. What is the markup in percent?
  16. 16.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  17. 17.One jute bag costs ₹50 to make and Aarav sells it for ₹75. What is the markup in percent?
  18. 18.One friendship band costs ₹32 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  20. 20.One clay diya costs ₹46 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One potted plant costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹55 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One clay diya costs ₹36 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One potted plant costs ₹50 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One potted plant costs ₹47 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹40 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹23 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹60 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One cupcake costs ₹59 to make and Vihaan sells it for ₹118. What is the markup in percent?
  31. 31.One fruit cup costs ₹12 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  33. 33.One jute bag costs ₹52 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One cupcake costs ₹45 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One paper bookmark costs ₹40 to make and Kabir sells it for ₹60. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹48 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  38. 38.One handmade card costs ₹36 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹20 to make and Lakshmi sells it for ₹25. What is the markup in percent?
  40. 40.One paper bookmark costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 35
  2. cost + a markup
  3. 30
  4. 100
  5. 8
  6. 10
  7. 42
  8. 3
  9. 108
  10. 10 rupees
  11. 10
  12. 4
  13. 11
  14. 23
  15. 100
  16. a loss
  17. 50
  18. 40
  19. 10
  20. 69
  21. 10
  22. 11
  23. 54
  24. 2
  25. 5
  26. 47
  27. 8
  28. 46
  29. 30
  30. 100
  31. 3
  32. what buyers will pay
  33. 52
  34. 45
  35. 50
  36. 12
  37. 10
  38. 45
  39. 25
  40. 22

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