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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 168 · 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 ₹30 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One glass of chai costs ₹46 to make and Zoya sells it for ₹92. What is the markup in percent?
  3. 3.One painted pebble costs ₹42 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  5. 5.One friendship band costs ₹24 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One paper bookmark costs ₹40 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  7. 7.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
  8. 8.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  9. 9.One jute bag costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One glass of chai costs ₹55 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One fruit cup costs ₹15 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One fruit cup costs ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One cup of lemonade costs ₹22 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹12 to make and Zoya sells it for ₹15. What is the markup in percent?
  15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 20 rupees (d) 5 rupees
  16. 16.One glass of chai costs ₹57 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One cup of lemonade costs ₹32 to make and Meera sells it for ₹64. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹18 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One cupcake costs ₹15 to make and Tara sells it for ₹30. What is the markup in percent?
  21. 21.One handmade card costs ₹10 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One fruit cup costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One clay diya costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  24. 24.One jute bag costs ₹30 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹30 to make and Meera sells it for ₹33. What is the markup in percent?
  26. 26.One handmade card costs ₹33 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹12 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One cupcake costs ₹15 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One cup of lemonade costs ₹20 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹22 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹20 to make and Joseph sells it for ₹24. What is the markup in percent?
  32. 32.One painted pebble costs ₹60 to make and Vihaan sells it for ₹72. What is the markup in percent?
  33. 33.One handmade card costs ₹42 to make and Gurpreet sells it for ₹84. What is the markup in percent?
  34. 34.One clay diya costs ₹20 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One cupcake costs ₹20 to make and Diya sells it for ₹22. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹30 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One clay diya costs ₹44 to make and Aarav sells it for ₹55. What is the markup in percent?
  38. 38.One cupcake costs ₹45 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One cupcake costs ₹16 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹56 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 3
  2. 100
  3. 63
  4. cost + a markup
  5. 48
  6. 48
  7. a loss
  8. what buyers will pay
  9. 22
  10. 11
  11. 30
  12. 6
  13. 44
  14. 25
  15. 10 rupees
  16. 114
  17. 22
  18. 100
  19. 36
  20. 100
  21. 1
  22. 1
  23. 10
  24. 45
  25. 10
  26. 66
  27. 18
  28. 18
  29. 2
  30. 33
  31. 20
  32. 20
  33. 100
  34. 10
  35. 10
  36. 30
  37. 25
  38. 45
  39. 24
  40. 70

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