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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 124 · 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 ₹25 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  3. 3.One paper bookmark costs ₹52 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One handmade card costs ₹45 to make and Joseph sells it for ₹90. What is the markup in percent?
  6. 6.One jute bag costs ₹15 to make and Joseph sells it for ₹18. What is the markup in percent?
  7. 7.One painted pebble costs ₹60 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  8. 8.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  9. 9.One fruit cup costs ₹30 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One paper bookmark costs ₹50 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  12. 12.One clay diya costs ₹50 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹34 to make and Rohan sells it for ₹51. What is the markup in percent?
  14. 14.One paper bookmark costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  15. 15.One bag of popcorn costs ₹14 to make and Dev sells it for ₹28. What is the markup in percent?
  16. 16.One painted pebble costs ₹19 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹40 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One glass of chai costs ₹48 to make and Diya sells it for ₹60. What is the markup in percent?
  19. 19.One glass of chai costs ₹59 to make and Riya sells it for ₹118. What is the markup in percent?
  20. 20.One potted plant costs ₹20 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹36 to make and Ishaan sells it for ₹45. What is the markup in percent?
  22. 22.One glass of chai costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One cupcake costs ₹50 to make and Dev sells it for ₹55. What is the markup in percent?
  24. 24.One glass of chai costs ₹20 to make and Rohan sells it for ₹25. What is the markup in percent?
  25. 25.One potted plant costs ₹30 to make and Nisha sells it for ₹33. What is the markup in percent?
  26. 26.One handmade card costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One friendship band costs ₹40 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹16 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹20 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹26 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  33. 33.One jute bag costs ₹30 to make and Tara sells it for ₹33. What is the markup in percent?
  34. 34.One paper bookmark costs ₹35 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One clay diya costs ₹10 to make and Ishaan sells it for ₹15. What is the markup in percent?
  37. 37.One handmade card costs ₹60 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  39. 39.One clay diya costs ₹10 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹15 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. cost + a markup
  3. 13
  4. 1
  5. 100
  6. 20
  7. 10
  8. a loss
  9. 33
  10. 5
  11. 10 rupees
  12. 60
  13. 50
  14. 10
  15. 100
  16. 38
  17. 10
  18. 25
  19. 100
  20. 25
  21. 25
  22. 33
  23. 10
  24. 25
  25. 10
  26. 1
  27. 48
  28. 8
  29. 3
  30. 22
  31. 26
  32. 10
  33. 10
  34. 42
  35. 66
  36. 50
  37. 72
  38. 10
  39. 1
  40. 18

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