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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 962 · 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 clay diya costs ₹42 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One cup of lemonade costs ₹20 to make and Aarav sells it for ₹22. What is the markup in percent?
  4. 4.One jute bag costs ₹44 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.One friendship band costs ₹28 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One paper bookmark costs ₹60 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One friendship band costs ₹45 to make and Tara sells it for ₹90. What is the markup in percent?
  8. 8.One glass of chai costs ₹15 to make and Kabir sells it for ₹30. What is the markup in percent?
  9. 9.One cupcake costs ₹40 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.One painted pebble costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One paper bookmark costs ₹52 to make and Gurpreet sells it for ₹65. What is the markup in percent?
  12. 12.One glass of chai costs ₹54 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One handmade card costs ₹25 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One painted pebble costs ₹56 to make and Arjun sells it for ₹70. What is the markup in percent?
  15. 15.One jute bag costs ₹52 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  16. 16.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  17. 17.One handmade card costs ₹32 to make and Ishaan sells it for ₹40. What is the markup in percent?
  18. 18.One friendship band costs ₹10 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  20. 20.One friendship band costs ₹35 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹48 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹45 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹15 to make and Aarav sells it for ₹18. What is the markup in percent?
  24. 24.One paper bookmark costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹40 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  28. 28.One painted pebble costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One friendship band costs ₹25 to make and Gurpreet sells it for ₹30. What is the markup in percent?
  30. 30.One glass of chai costs ₹14 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  32. 32.One bag of popcorn costs ₹20 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹10 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹26 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹24 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹36 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One cupcake costs ₹20 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One jute bag costs ₹50 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One friendship band costs ₹48 to make and Diya sells it for ₹60. What is the markup in percent?

Answer key

  1. 63
  2. 44
  3. 10
  4. 22
  5. 35
  6. 15
  7. 100
  8. 100
  9. 10
  10. 9
  11. 25
  12. 27
  13. 25
  14. 25
  15. 65
  16. 10 rupees
  17. 25
  18. 1
  19. a loss
  20. 42
  21. 60
  22. 54
  23. 20
  24. 1
  25. 50
  26. 66
  27. 10
  28. 1
  29. 20
  30. 7
  31. what buyers will pay
  32. 24
  33. 5
  34. 52
  35. 6
  36. 45
  37. 22
  38. 5
  39. 60
  40. 25

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