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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 15 · 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 paper bookmark costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One clay diya costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  4. 4.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) what buyers will pay (d) nothing else
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  6. 6.One clay diya costs ₹42 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One painted pebble costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One fruit cup costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹50 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One clay diya costs ₹52 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One bag of popcorn costs ₹28 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One clay diya costs ₹15 to make and Nisha sells it for ₹18. What is the markup in percent?
  13. 13.One painted pebble costs ₹20 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹14 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One cup of lemonade costs ₹20 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  16. 16.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  17. 17.One glass of chai costs ₹40 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹26 to make and Kabir sells it for ₹39. What is the markup in percent?
  19. 19.One cup of lemonade costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹10 to make and Rohan sells it for ₹12. What is the markup in percent?
  21. 21.One bag of popcorn costs ₹12 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One friendship band costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹50 to make and Ananya sells it for ₹75. What is the markup in percent?
  24. 24.One jute bag costs ₹35 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹20 to make and Zoya sells it for ₹24. What is the markup in percent?
  26. 26.One cupcake costs ₹36 to make and Meera sells it for ₹72. What is the markup in percent?
  27. 27.One friendship band costs ₹36 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹12 to make and Kavya sells it for ₹24. What is the markup in percent?
  30. 30.One cupcake costs ₹30 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One fruit cup costs ₹38 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹15 to make and Zoya sells it for ₹18. What is the markup in percent?
  33. 33.One friendship band costs ₹28 to make and Ishaan sells it for ₹35. What is the markup in percent?
  34. 34.One handmade card costs ₹39 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹60 to make and Kavya sells it for ₹66. What is the markup in percent?
  36. 36.One painted pebble costs ₹55 to make and Joseph sells it for ₹66. What is the markup in percent?
  37. 37.One clay diya costs ₹50 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹36 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One glass of chai costs ₹42 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 48
  2. 66
  3. cost + a markup
  4. what buyers will pay
  5. 10 rupees
  6. 42
  7. 33
  8. 33
  9. 100
  10. 65
  11. 35
  12. 20
  13. 25
  14. 7
  15. 25
  16. a loss
  17. 80
  18. 50
  19. 22
  20. 20
  21. 15
  22. 66
  23. 50
  24. 42
  25. 20
  26. 100
  27. 45
  28. 33
  29. 100
  30. 36
  31. 57
  32. 20
  33. 25
  34. 78
  35. 10
  36. 20
  37. 60
  38. 33
  39. 45
  40. 63

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