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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 127 · 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 ₹12 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  3. 3.One bag of popcorn costs ₹22 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One glass of chai costs ₹24 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹60 to make and Kabir sells it for ₹66. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹48 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  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 paper bookmark costs ₹20 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One cupcake costs ₹18 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One potted plant costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One handmade card costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  12. 12.One cupcake costs ₹50 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  14. 14.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  15. 15.One handmade card costs ₹60 to make and Kavya sells it for ₹72. What is the markup in percent?
  16. 16.One painted pebble costs ₹30 to make and Ishaan sells it for ₹36. What is the markup in percent?
  17. 17.One cupcake costs ₹60 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹48 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One bag of popcorn costs ₹50 to make and Saanvi sells it for ₹55. What is the markup in percent?
  20. 20.One friendship band costs ₹40 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One potted plant costs ₹15 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹19 to make and Kavya sells it for ₹38. What is the markup in percent?
  23. 23.One clay diya costs ₹30 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One potted plant costs ₹48 to make and Rohan sells it for ₹60. What is the markup in percent?
  25. 25.One potted plant costs ₹40 to make and Saanvi sells it for ₹60. What is the markup in percent?
  26. 26.One fruit cup costs ₹48 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One painted pebble costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One jute bag costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹52 to make and Dev sells it for ₹78. What is the markup in percent?
  30. 30.One painted pebble costs ₹44 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One friendship band costs ₹37 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One glass of chai costs ₹20 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹12 to make and Aarav sells it for ₹15. What is the markup in percent?
  34. 34.One paper bookmark costs ₹32 to make and Lakshmi sells it for ₹48. What is the markup in percent?
  35. 35.One jute bag costs ₹22 to make and Meera sells it for ₹33. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹20 to make and Diya sells it for ₹22. What is the markup in percent?
  37. 37.One handmade card costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One cup of lemonade costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹10 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹25 to make and Ananya sells it for ₹30. What is the markup in percent?

Answer key

  1. 18
  2. cost + a markup
  3. 11
  4. 48
  5. 10
  6. 96
  7. 10 rupees
  8. 5
  9. 36
  10. 1
  11. 10
  12. 10
  13. a loss
  14. what buyers will pay
  15. 20
  16. 20
  17. 90
  18. 60
  19. 10
  20. 8
  21. 18
  22. 100
  23. 6
  24. 25
  25. 50
  26. 48
  27. 3
  28. 6
  29. 50
  30. 22
  31. 74
  32. 25
  33. 25
  34. 50
  35. 50
  36. 10
  37. 2
  38. 33
  39. 5
  40. 20

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