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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 996 · 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 glass of chai costs ₹50 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹50 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One potted plant costs ₹56 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  5. 5.One paper bookmark costs ₹60 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One potted plant costs ₹46 to make and Kavya sells it for ₹69. What is the markup in percent?
  7. 7.One clay diya costs ₹35 to make and Lakshmi sells it for ₹42. What is the markup in percent?
  8. 8.One handmade card costs ₹40 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  10. 10.One clay diya costs ₹34 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One glass of chai costs ₹13 to make and Farhan sells it for ₹26. What is the markup in percent?
  12. 12.One handmade card costs ₹60 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹40 to make and Lakshmi sells it for ₹44. What is the markup in percent?
  14. 14.One glass of chai costs ₹52 to make and Nisha sells it for ₹78. What is the markup in percent?
  15. 15.One bag of popcorn costs ₹20 to make and Kabir sells it for ₹24. What is the markup in percent?
  16. 16.One bag of popcorn costs ₹38 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One jute bag costs ₹10 to make and Nisha sells it for ₹12. What is the markup in percent?
  18. 18.One potted plant costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹20 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One fruit cup costs ₹30 to make and Meera sells it for ₹33. What is the markup in percent?
  21. 21.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  22. 22.One paper bookmark costs ₹22 to make and Diya sells it for ₹33. What is the markup in percent?
  23. 23.One cupcake costs ₹36 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One jute bag costs ₹55 to make and Kavya sells it for ₹66. What is the markup in percent?
  25. 25.One glass of chai costs ₹20 to make and Riya sells it for ₹22. What is the markup in percent?
  26. 26.One friendship band costs ₹50 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹14 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One potted plant costs ₹10 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One bag of popcorn costs ₹15 to make and Rohan sells it for ₹18. What is the markup in percent?
  30. 30.One glass of chai costs ₹60 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One potted plant costs ₹52 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹52 to make and Ananya sells it for ₹65. What is the markup in percent?
  33. 33.One glass of chai costs ₹16 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One cup of lemonade costs ₹13 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹32 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One cupcake costs ₹52 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹30 to make and Lakshmi sells it for ₹36. What is the markup in percent?
  38. 38.One glass of chai costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹45 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹32 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 55
  2. 10
  3. 112
  4. 10 rupees
  5. 12
  6. 50
  7. 20
  8. 60
  9. what buyers will pay
  10. 34
  11. 100
  12. 66
  13. 10
  14. 50
  15. 20
  16. 38
  17. 20
  18. 1
  19. 22
  20. 10
  21. cost + a markup
  22. 50
  23. 45
  24. 20
  25. 10
  26. 55
  27. 14
  28. 10
  29. 20
  30. 15
  31. 65
  32. 25
  33. 20
  34. 13
  35. 64
  36. 65
  37. 20
  38. 22
  39. 54
  40. 48

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