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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 150 · 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 painted pebble costs ₹44 to make and Joseph sells it for ₹55. What is the markup in percent?
  2. 2.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  3. 3.One potted plant costs ₹55 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One bag of popcorn costs ₹22 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  5. 5.One bag of popcorn costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One paper bookmark costs ₹50 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  7. 7.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  8. 8.One fruit cup costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One cupcake costs ₹32 to make and Ananya sells it for ₹48. What is the markup in percent?
  10. 10.One cupcake costs ₹30 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹50 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One friendship band costs ₹40 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  14. 14.One handmade card costs ₹13 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹44 to make and Aarav sells it for ₹55. What is the markup in percent?
  16. 16.One cup of lemonade costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹15 to make and Kabir sells it for ₹18. What is the markup in percent?
  18. 18.One clay diya costs ₹15 to make and Kabir sells it for ₹18. What is the markup in percent?
  19. 19.One handmade card costs ₹40 to make and Arjun sells it for ₹48. What is the markup in percent?
  20. 20.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  21. 21.One potted plant costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One cup of lemonade costs ₹10 to make and Riya sells it for ₹11. What is the markup in percent?
  23. 23.One fruit cup costs ₹50 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One bag of popcorn costs ₹52 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹40 to make and Ananya sells it for ₹48. What is the markup in percent?
  26. 26.One glass of chai costs ₹15 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One clay diya costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One paper bookmark costs ₹32 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹55 to make and Saanvi sells it for ₹66. What is the markup in percent?
  31. 31.One potted plant costs ₹60 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One potted plant costs ₹10 to make and Farhan sells it for ₹12. What is the markup in percent?
  33. 33.One friendship band costs ₹51 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One clay diya costs ₹60 to make and Rohan sells it for ₹72. What is the markup in percent?
  35. 35.One painted pebble costs ₹21 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹30 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One fruit cup costs ₹24 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One cup of lemonade costs ₹48 to make and Aarav sells it for ₹96. What is the markup in percent?
  39. 39.One paper bookmark costs ₹16 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹46 to make and Diya sells it for ₹69. What is the markup in percent?

Answer key

  1. 25
  2. cost + a markup
  3. 55
  4. 44
  5. 2
  6. 55
  7. a loss
  8. 22
  9. 50
  10. 33
  11. 55
  12. 4
  13. what buyers will pay
  14. 26
  15. 25
  16. 66
  17. 20
  18. 20
  19. 20
  20. 10 rupees
  21. 2
  22. 10
  23. 50
  24. 104
  25. 20
  26. 3
  27. 2
  28. 6
  29. 48
  30. 20
  31. 90
  32. 20
  33. 51
  34. 20
  35. 42
  36. 3
  37. 30
  38. 100
  39. 20
  40. 50

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