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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 954 · 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 fruit cup costs ₹38 to make and Ananya sells it for ₹57. What is the markup in percent?
  2. 2.One fruit cup costs ₹40 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  4. 4.One painted pebble costs ₹56 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹44 to make and Nisha sells it for ₹55. What is the markup in percent?
  6. 6.One handmade card costs ₹32 to make and Lakshmi sells it for ₹40. What is the markup in percent?
  7. 7.One handmade card costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  9. 9.One fruit cup costs ₹12 to make and Ananya sells it for ₹18. What is the markup in percent?
  10. 10.One fruit cup costs ₹40 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One bag of popcorn costs ₹44 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹33 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹30 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹56 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹60 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One paper bookmark costs ₹16 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  17. 17.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  18. 18.One painted pebble costs ₹35 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One paper bookmark costs ₹10 to make and Farhan sells it for ₹12. What is the markup in percent?
  20. 20.One paper bookmark costs ₹55 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One potted plant costs ₹50 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹32 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One jute bag costs ₹60 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One fruit cup costs ₹44 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹48 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹10 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One potted plant costs ₹40 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One jute bag costs ₹16 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One clay diya costs ₹48 to make and Aarav sells it for ₹72. What is the markup in percent?
  30. 30.One potted plant costs ₹40 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One painted pebble costs ₹20 to make and Joseph sells it for ₹22. What is the markup in percent?
  32. 32.One fruit cup costs ₹16 to make and Kabir sells it for ₹20. What is the markup in percent?
  33. 33.One jute bag costs ₹35 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One painted pebble costs ₹59 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹20 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One fruit cup costs ₹52 to make and Dev sells it for ₹65. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹34 to make and Aarav sells it for ₹51. What is the markup in percent?
  40. 40.One friendship band costs ₹26 to make and Lakshmi sells it for ₹39. What is the markup in percent?

Answer key

  1. 50
  2. 4
  3. cost + a markup
  4. 14
  5. 25
  6. 25
  7. 1
  8. 10 rupees
  9. 50
  10. 44
  11. 11
  12. 66
  13. 6
  14. 14
  15. 6
  16. 32
  17. a loss
  18. 70
  19. 20
  20. 11
  21. 55
  22. 16
  23. 60
  24. 55
  25. 60
  26. 2
  27. 4
  28. 24
  29. 50
  30. 48
  31. 10
  32. 25
  33. 7
  34. 6
  35. 118
  36. 66
  37. 4
  38. 25
  39. 50
  40. 50

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