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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 107 · 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 cupcake costs ₹20 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  3. 3.One cupcake costs ₹10 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  5. 5.One bag of popcorn costs ₹40 to make and Riya sells it for ₹44. What is the markup in percent?
  6. 6.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  7. 7.One painted pebble costs ₹58 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One cup of lemonade costs ₹12 to make and Ishaan sells it for ₹24. What is the markup in percent?
  9. 9.One glass of chai costs ₹40 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One cup of lemonade costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One handmade card costs ₹40 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹30 to make and Gurpreet sells it for ₹33. What is the markup in percent?
  13. 13.One glass of chai costs ₹32 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One friendship band costs ₹25 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One fruit cup costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One paper bookmark costs ₹28 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One handmade card costs ₹58 to make and Kavya sells it for ₹87. What is the markup in percent?
  18. 18.One handmade card costs ₹30 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹32 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹38 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One handmade card costs ₹15 to make and Diya sells it for ₹30. What is the markup in percent?
  22. 22.One friendship band costs ₹16 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹40 to make and Nisha sells it for ₹50. What is the markup in percent?
  24. 24.One potted plant costs ₹60 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹36 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One fruit cup costs ₹20 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One cup of lemonade costs ₹52 to make and Ananya sells it for ₹104. What is the markup in percent?
  28. 28.One paper bookmark costs ₹33 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One cup of lemonade costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹20 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One potted plant costs ₹52 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹10 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One potted plant costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹32 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One jute bag costs ₹10 to make and Gurpreet sells it for ₹12. What is the markup in percent?
  37. 37.One paper bookmark costs ₹19 to make and Tara sells it for ₹38. What is the markup in percent?
  38. 38.One cupcake costs ₹60 to make and Meera sells it for ₹72. What is the markup in percent?
  39. 39.One fruit cup costs ₹20 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One handmade card costs ₹14 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 25
  2. cost + a markup
  3. 1
  4. 10 rupees
  5. 10
  6. a loss
  7. 29
  8. 100
  9. 4
  10. 44
  11. 50
  12. 10
  13. 64
  14. 30
  15. 44
  16. 14
  17. 50
  18. 3
  19. 40
  20. 19
  21. 100
  22. 20
  23. 25
  24. 120
  25. 72
  26. 2
  27. 100
  28. 66
  29. 10
  30. 4
  31. 65
  32. 55
  33. 12
  34. 33
  35. 8
  36. 20
  37. 100
  38. 20
  39. 24
  40. 21

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