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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 103 · 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 paper bookmark costs ₹30 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  2. 2.One painted pebble costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  3. 3.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  4. 4.One cupcake costs ₹60 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One paper bookmark costs ₹40 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One bag of popcorn costs ₹55 to make and Kavya sells it for ₹66. What is the markup in percent?
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  8. 8.One bag of popcorn costs ₹60 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) your favourite number (d) the weather only
  10. 10.One painted pebble costs ₹38 to make and Tara sells it for ₹57. What is the markup in percent?
  11. 11.One fruit cup costs ₹24 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One friendship band costs ₹36 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹35 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One fruit cup costs ₹50 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One cup of lemonade costs ₹18 to make and Zoya sells it for ₹27. What is the markup in percent?
  16. 16.One friendship band costs ₹50 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹25 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One friendship band costs ₹24 to make and Kabir sells it for ₹30. What is the markup in percent?
  19. 19.One friendship band costs ₹10 to make and Nisha sells it for ₹12. What is the markup in percent?
  20. 20.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost − a markup (d) cost + a markup
  21. 21.One cup of lemonade costs ₹50 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹32 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One glass of chai costs ₹31 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One paper bookmark costs ₹50 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹12 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹51 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One potted plant costs ₹60 to make and Arjun sells it for ₹120. What is the markup in percent?
  30. 30.One fruit cup costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹15 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹34 to make and Nisha sells it for ₹68. What is the markup in percent?
  33. 33.One handmade card costs ₹50 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One potted plant costs ₹32 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹40 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹16 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One cupcake costs ₹24 to make and Aarav sells it for ₹30. What is the markup in percent?
  38. 38.One paper bookmark costs ₹30 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹30 to make and Tara sells it for ₹33. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹45 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 6
  2. 10
  3. a loss
  4. 72
  5. 4
  6. 20
  7. 10 rupees
  8. 75
  9. what buyers will pay
  10. 50
  11. 6
  12. 45
  13. 42
  14. 100
  15. 50
  16. 60
  17. 25
  18. 25
  19. 20
  20. cost + a markup
  21. 55
  22. 8
  23. 31
  24. 33
  25. 55
  26. 11
  27. 3
  28. 51
  29. 100
  30. 3
  31. 3
  32. 100
  33. 5
  34. 8
  35. 4
  36. 32
  37. 25
  38. 36
  39. 10
  40. 9

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