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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 131 · 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 ₹12 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
  3. 3.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  4. 4.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  5. 5.One potted plant costs ₹15 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹50 to make and Riya sells it for ₹100. What is the markup in percent?
  7. 7.One handmade card costs ₹50 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One cup of lemonade costs ₹15 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  10. 10.One fruit cup costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One painted pebble costs ₹50 to make and Ananya sells it for ₹55. What is the markup in percent?
  12. 12.One bag of popcorn costs ₹35 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One bag of popcorn costs ₹56 to make and Farhan sells it for ₹84. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹10 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹56 to make and Saanvi sells it for ₹70. What is the markup in percent?
  16. 16.One paper bookmark costs ₹35 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One clay diya costs ₹32 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One cup of lemonade costs ₹60 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹52 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹18 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹30 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One cupcake costs ₹60 to make and Ananya sells it for ₹75. What is the markup in percent?
  23. 23.One fruit cup costs ₹48 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One cupcake costs ₹45 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One potted plant costs ₹48 to make and Rohan sells it for ₹60. What is the markup in percent?
  26. 26.One jute bag costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One potted plant costs ₹41 to make and Ananya sells it for ₹82. What is the markup in percent?
  28. 28.One cupcake costs ₹50 to make and Rohan sells it for ₹60. What is the markup in percent?
  29. 29.One paper bookmark costs ₹54 to make and Aarav sells it for ₹81. What is the markup in percent?
  30. 30.One cupcake costs ₹40 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One paper bookmark costs ₹15 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹46 to make and Joseph sells it for ₹69. What is the markup in percent?
  34. 34.One cup of lemonade costs ₹35 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹34 to make and Aarav sells it for ₹51. What is the markup in percent?
  36. 36.One paper bookmark costs ₹40 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹30 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹24 to make and Zoya sells it for ₹48. What is the markup in percent?
  40. 40.One handmade card costs ₹48 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 3
  2. a loss
  3. what buyers will pay
  4. cost + a markup
  5. 100
  6. 100
  7. 60
  8. 15
  9. 10 rupees
  10. 33
  11. 10
  12. 42
  13. 50
  14. 20
  15. 25
  16. 35
  17. 48
  18. 72
  19. 78
  20. 27
  21. 45
  22. 25
  23. 60
  24. 54
  25. 25
  26. 66
  27. 100
  28. 20
  29. 50
  30. 10
  31. 18
  32. 6
  33. 50
  34. 7
  35. 50
  36. 60
  37. 22
  38. 33
  39. 100
  40. 48

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