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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 10 · 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 cup of lemonade costs ₹10 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  3. 3.One clay diya costs ₹40 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹12 to make and Aarav sells it for ₹15. What is the markup in percent?
  5. 5.One fruit cup costs ₹35 to make and Diya sells it for ₹70. What is the markup in percent?
  6. 6.One paper bookmark costs ₹38 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One clay diya costs ₹40 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) free stock (b) a loss (c) a profit (d) break-even
  9. 9.One friendship band costs ₹60 to make and Arjun sells it for ₹72. What is the markup in percent?
  10. 10.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  11. 11.One fruit cup costs ₹30 to make and Farhan sells it for ₹36. What is the markup in percent?
  12. 12.One jute bag costs ₹35 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹24 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One painted pebble costs ₹45 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One fruit cup costs ₹52 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One friendship band costs ₹40 to make and Farhan sells it for ₹60. What is the markup in percent?
  17. 17.One jute bag costs ₹25 to make and Kabir sells it for ₹30. What is the markup in percent?
  18. 18.One friendship band costs ₹32 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹50 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹33 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹28 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One cup of lemonade costs ₹16 to make and Nisha sells it for ₹32. What is the markup in percent?
  23. 23.One cupcake costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One bag of popcorn costs ₹36 to make and Nisha sells it for ₹45. What is the markup in percent?
  26. 26.One jute bag costs ₹60 to make and Tara sells it for ₹120. What is the markup in percent?
  27. 27.One handmade card costs ₹56 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One painted pebble costs ₹34 to make and Ananya sells it for ₹51. What is the markup in percent?
  30. 30.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  31. 31.One friendship band costs ₹35 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹20 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One paper bookmark costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹32 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One friendship band costs ₹60 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  36. 36.One cupcake costs ₹28 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One painted pebble costs ₹56 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹60 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹45 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹20 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 12
  2. cost + a markup
  3. 8
  4. 25
  5. 100
  6. 19
  7. 50
  8. a loss
  9. 20
  10. what buyers will pay
  11. 20
  12. 42
  13. 12
  14. 9
  15. 78
  16. 50
  17. 20
  18. 8
  19. 55
  20. 66
  21. 35
  22. 100
  23. 44
  24. 2
  25. 25
  26. 100
  27. 70
  28. 2
  29. 50
  30. 10 rupees
  31. 42
  32. 10
  33. 66
  34. 48
  35. 10
  36. 56
  37. 70
  38. 72
  39. 9
  40. 2

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