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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 136 · 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 glass of chai costs ₹55 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  2. 2.One cup of lemonade costs ₹48 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  4. 4.One potted plant costs ₹60 to make and Aarav sells it for ₹72. What is the markup in percent?
  5. 5.One paper bookmark costs ₹50 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One cup of lemonade costs ₹38 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  7. 7.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  8. 8.One clay diya costs ₹46 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹15 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  11. 11.One cupcake costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One potted plant costs ₹25 to make and Zoya sells it for ₹30. What is the markup in percent?
  13. 13.One painted pebble costs ₹50 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹25 to make and Aarav sells it for ₹30. What is the markup in percent?
  15. 15.One clay diya costs ₹60 to make and Rohan sells it for ₹75. What is the markup in percent?
  16. 16.One handmade card costs ₹50 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One cupcake costs ₹15 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One cup of lemonade costs ₹20 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹20 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹35 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One painted pebble costs ₹44 to make and Saanvi sells it for ₹55. What is the markup in percent?
  22. 22.One clay diya costs ₹12 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One fruit cup costs ₹40 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹15 to make and Ishaan sells it for ₹18. What is the markup in percent?
  25. 25.One bag of popcorn costs ₹25 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One cup of lemonade costs ₹50 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹41 to make and Zoya sells it for ₹82. What is the markup in percent?
  28. 28.One handmade card costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One fruit cup costs ₹50 to make and Aarav sells it for ₹55. What is the markup in percent?
  30. 30.One paper bookmark costs ₹28 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  32. 32.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  33. 33.One friendship band costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One jute bag costs ₹18 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹42 to make and Riya sells it for ₹63. What is the markup in percent?
  36. 36.One jute bag costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  37. 37.One jute bag costs ₹52 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One potted plant costs ₹30 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One potted plant costs ₹57 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹56 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 11
  2. 60
  3. cost + a markup
  4. 20
  5. 5
  6. 76
  7. what buyers will pay
  8. 69
  9. 3
  10. a loss
  11. 6
  12. 20
  13. 5
  14. 20
  15. 25
  16. 5
  17. 15
  18. 25
  19. 25
  20. 7
  21. 25
  22. 3
  23. 48
  24. 20
  25. 5
  26. 55
  27. 100
  28. 1
  29. 10
  30. 35
  31. 22
  32. 10 rupees
  33. 66
  34. 27
  35. 50
  36. 10
  37. 52
  38. 45
  39. 114
  40. 14

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