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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 936 · 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 friendship band costs ₹42 to make and Joseph sells it for ₹63. What is the markup in percent?
  2. 2.One potted plant costs ₹24 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One cupcake costs ₹10 to make and Diya sells it for ₹20. What is the markup in percent?
  4. 4.One paper bookmark costs ₹25 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One clay diya costs ₹40 to make and Zoya sells it for ₹44. What is the markup in percent?
  6. 6.One fruit cup costs ₹16 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One friendship band costs ₹15 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One jute bag costs ₹21 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One cup of lemonade costs ₹34 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹40 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  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 paper bookmark costs ₹48 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One handmade card costs ₹60 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One painted pebble costs ₹56 to make and Aarav sells it for ₹112. What is the markup in percent?
  15. 15.One potted plant costs ₹12 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One bag of popcorn costs ₹30 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹30 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹28 to make and Farhan sells it for ₹35. What is the markup in percent?
  19. 19.One paper bookmark costs ₹55 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One bag of popcorn costs ₹50 to make and Diya sells it for ₹60. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹28 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹50 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One bag of popcorn costs ₹60 to make and Vihaan sells it for ₹66. What is the markup in percent?
  25. 25.One handmade card costs ₹40 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  26. 26.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  27. 27.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  28. 28.One cup of lemonade costs ₹23 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One friendship band costs ₹48 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹38 to make and Ananya sells it for ₹57. What is the markup in percent?
  31. 31.One glass of chai costs ₹10 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹56 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹56 to make and Gurpreet sells it for ₹112. What is the markup in percent?
  34. 34.One potted plant costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  35. 35.One friendship band costs ₹34 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One bag of popcorn costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹25 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  39. 39.One handmade card costs ₹45 to make and Kabir sells it for ₹54. What is the markup in percent?
  40. 40.One cupcake costs ₹20 to make and Ananya sells it for ₹30. What is the markup in percent?

Answer key

  1. 50
  2. 30
  3. 100
  4. 30
  5. 10
  6. 8
  7. 18
  8. 21
  9. 51
  10. 4
  11. cost + a markup
  12. 12
  13. 72
  14. 100
  15. 12
  16. 36
  17. 36
  18. 25
  19. 66
  20. 20
  21. 35
  22. 25
  23. 1
  24. 10
  25. 48
  26. 10 rupees
  27. what buyers will pay
  28. 23
  29. 24
  30. 50
  31. 12
  32. 70
  33. 100
  34. 10
  35. 17
  36. 3
  37. 5
  38. a loss
  39. 20
  40. 50

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