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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 155 · 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 ₹20 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  2. 2.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  4. 4.One cup of lemonade costs ₹45 to make and Diya sells it for ₹54. What is the markup in percent?
  5. 5.One fruit cup costs ₹20 to make and Kabir sells it for ₹24. What is the markup in percent?
  6. 6.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  7. 7.One fruit cup costs ₹60 to make and Diya sells it for ₹90. What is the markup in percent?
  8. 8.One potted plant costs ₹45 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One friendship band costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One bag of popcorn costs ₹15 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One cup of lemonade costs ₹10 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹57 to make and Aarav sells it for ₹114. What is the markup in percent?
  13. 13.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  14. 14.One paper bookmark costs ₹35 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One cup of lemonade costs ₹28 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹44 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹40 to make and Rohan sells it for ₹80. What is the markup in percent?
  18. 18.One handmade card costs ₹16 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One fruit cup costs ₹16 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One potted plant costs ₹25 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹24 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One friendship band costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One glass of chai costs ₹16 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One handmade card costs ₹50 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One potted plant costs ₹24 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹16 to make and Tara sells it for ₹20. What is the markup in percent?
  28. 28.One glass of chai costs ₹46 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹16 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One potted plant costs ₹20 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One bag of popcorn costs ₹30 to make and Nisha sells it for ₹45. What is the markup in percent?
  32. 32.One fruit cup costs ₹20 to make and Vihaan sells it for ₹22. What is the markup in percent?
  33. 33.One fruit cup costs ₹49 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹16 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One jute bag costs ₹20 to make and Farhan sells it for ₹22. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹25 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One clay diya costs ₹42 to make and Arjun sells it for ₹63. What is the markup in percent?
  38. 38.One glass of chai costs ₹40 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹36 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹60 to make and Zoya sells it for ₹66. What is the markup in percent?

Answer key

  1. 22
  2. what buyers will pay
  3. 10 rupees
  4. 20
  5. 20
  6. cost + a markup
  7. 50
  8. 54
  9. 5
  10. 3
  11. 20
  12. 100
  13. a loss
  14. 42
  15. 7
  16. 55
  17. 100
  18. 4
  19. 24
  20. 30
  21. 36
  22. 1
  23. 1
  24. 20
  25. 25
  26. 24
  27. 25
  28. 23
  29. 32
  30. 5
  31. 50
  32. 10
  33. 49
  34. 16
  35. 10
  36. 30
  37. 50
  38. 8
  39. 45
  40. 10

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