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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 969 · 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 handmade card costs ₹28 to make and Farhan sells it for ₹35. What is the markup in percent?
  2. 2.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  3. 3.One friendship band costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  5. 5.One handmade card costs ₹12 to make and Joseph sells it for ₹15. What is the markup in percent?
  6. 6.One glass of chai costs ₹12 to make and Zoya sells it for ₹15. What is the markup in percent?
  7. 7.One clay diya costs ₹52 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One friendship band costs ₹50 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹20 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One painted pebble costs ₹50 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One glass of chai costs ₹40 to make and Gurpreet sells it for ₹48. What is the markup in percent?
  12. 12.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  13. 13.One bag of popcorn costs ₹10 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹30 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹52 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One clay diya costs ₹12 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One cupcake costs ₹16 to make and Arjun sells it for ₹20. What is the markup in percent?
  18. 18.One handmade card costs ₹28 to make and Aarav sells it for ₹42. What is the markup in percent?
  19. 19.One clay diya costs ₹18 to make and Rohan sells it for ₹27. What is the markup in percent?
  20. 20.One clay diya costs ₹50 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹40 to make and Arjun sells it for ₹44. What is the markup in percent?
  22. 22.One potted plant costs ₹22 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹60 to make and Dev sells it for ₹75. What is the markup in percent?
  24. 24.One bag of popcorn costs ₹52 to make and Ananya sells it for ₹104. What is the markup in percent?
  25. 25.One handmade card costs ₹15 to make and Dev sells it for ₹18. What is the markup in percent?
  26. 26.One jute bag costs ₹37 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One handmade card costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  28. 28.One fruit cup costs ₹60 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹56 to make and Vihaan sells it for ₹70. What is the markup in percent?
  30. 30.One painted pebble costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One friendship band costs ₹54 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One cup of lemonade costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One handmade card costs ₹37 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹13 to make and Aarav sells it for ₹26. What is the markup in percent?
  35. 35.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  36. 36.One fruit cup costs ₹20 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹13 to make and Kavya sells it for ₹26. What is the markup in percent?
  38. 38.One jute bag costs ₹20 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One potted plant costs ₹55 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One clay diya costs ₹36 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 25
  2. what buyers will pay
  3. 11
  4. cost + a markup
  5. 25
  6. 25
  7. 78
  8. 60
  9. 25
  10. 5
  11. 20
  12. a loss
  13. 2
  14. 36
  15. 13
  16. 15
  17. 25
  18. 50
  19. 50
  20. 100
  21. 10
  22. 44
  23. 25
  24. 100
  25. 20
  26. 37
  27. 10
  28. 60
  29. 25
  30. 5
  31. 27
  32. 3
  33. 74
  34. 100
  35. 10 rupees
  36. 30
  37. 100
  38. 30
  39. 55
  40. 18

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