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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 162 · 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 ₹30 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  3. 3.One potted plant costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  4. 4.One fruit cup costs ₹16 to make and Arjun sells it for ₹20. What is the markup in percent?
  5. 5.One bag of popcorn costs ₹24 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  6. 6.One paper bookmark costs ₹25 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.One cup of lemonade costs ₹14 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One potted plant costs ₹15 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One cup of lemonade costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  10. 10.One clay diya costs ₹46 to make and Vihaan sells it for ₹69. What is the markup in percent?
  11. 11.One cup of lemonade costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  12. 12.One fruit cup costs ₹12 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One potted plant costs ₹51 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One cup of lemonade costs ₹45 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  16. 16.One friendship band costs ₹49 to make and Kabir sells it for ₹98. What is the markup in percent?
  17. 17.One fruit cup costs ₹32 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹58 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹60 to make and Vihaan sells it for ₹66. What is the markup in percent?
  20. 20.One bag of popcorn costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One paper bookmark costs ₹56 to make and Ishaan sells it for ₹70. What is the markup in percent?
  22. 22.One clay diya costs ₹60 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One jute bag costs ₹30 to make and Zoya sells it for ₹36. What is the markup in percent?
  24. 24.One jute bag costs ₹32 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One painted pebble costs ₹20 to make and Tara sells it for ₹24. What is the markup in percent?
  26. 26.One bag of popcorn costs ₹10 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  28. 28.One potted plant costs ₹44 to make and Aarav sells it for ₹66. What is the markup in percent?
  29. 29.One handmade card costs ₹25 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One potted plant costs ₹55 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹45 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One cup of lemonade costs ₹52 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One friendship band costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹40 to make and Farhan sells it for ₹44. What is the markup in percent?
  35. 35.One jute bag costs ₹42 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One clay diya costs ₹14 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹50 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One clay diya costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One cupcake costs ₹12 to make and Saanvi sells it for ₹15. What is the markup in percent?
  40. 40.One potted plant costs ₹34 to make and Nisha sells it for ₹51. What is the markup in percent?

Answer key

  1. 45
  2. cost + a markup
  3. 10
  4. 25
  5. 25
  6. 5
  7. 14
  8. 3
  9. 10
  10. 50
  11. 10
  12. 3
  13. 51
  14. 9
  15. 10 rupees
  16. 100
  17. 64
  18. 58
  19. 10
  20. 1
  21. 25
  22. 75
  23. 20
  24. 32
  25. 20
  26. 2
  27. a loss
  28. 50
  29. 30
  30. 66
  31. 9
  32. 13
  33. 15
  34. 10
  35. 84
  36. 21
  37. 5
  38. 11
  39. 25
  40. 50

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