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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 172 · 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. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹60 to make and Ananya sells it for ₹75. What is the markup in percent?
  3. 3.One cup of lemonade costs ₹20 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One fruit cup costs ₹60 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  6. 6.One bag of popcorn costs ₹20 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One fruit cup costs ₹20 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One cup of lemonade costs ₹60 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One potted plant costs ₹30 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  11. 11.One cupcake costs ₹25 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One potted plant costs ₹22 to make and Riya sells it for ₹33. What is the markup in percent?
  13. 13.One glass of chai costs ₹16 to make and Joseph sells it for ₹32. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹52 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  16. 16.One cup of lemonade costs ₹40 to make and Diya sells it for ₹44. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹60 to make and Kavya sells it for ₹72. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹38 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One jute bag costs ₹20 to make and Joseph sells it for ₹30. What is the markup in percent?
  21. 21.One paper bookmark costs ₹50 to make and Aarav sells it for ₹100. What is the markup in percent?
  22. 22.One clay diya costs ₹36 to make and Tara sells it for ₹45. What is the markup in percent?
  23. 23.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  24. 24.One handmade card costs ₹52 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹28 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹40 to make and Diya sells it for ₹48. What is the markup in percent?
  28. 28.One painted pebble costs ₹40 to make and Ananya sells it for ₹44. What is the markup in percent?
  29. 29.One glass of chai costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?
  30. 30.One potted plant costs ₹33 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹50 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  33. 33.One jute bag costs ₹36 to make and Saanvi sells it for ₹45. What is the markup in percent?
  34. 34.One friendship band costs ₹25 to make and Kavya sells it for ₹30. What is the markup in percent?
  35. 35.One glass of chai costs ₹15 to make and Aarav sells it for ₹18. What is the markup in percent?
  36. 36.One jute bag costs ₹16 to make and Kabir sells it for ₹24. What is the markup in percent?
  37. 37.One paper bookmark costs ₹50 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One fruit cup costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  39. 39.One paper bookmark costs ₹60 to make and Tara sells it for ₹72. What is the markup in percent?
  40. 40.One paper bookmark costs ₹32 to make and Nisha sells it for ₹40. What is the markup in percent?

Answer key

  1. 44
  2. 25
  3. 22
  4. 75
  5. a loss
  6. 5
  7. 2
  8. 90
  9. 36
  10. 10 rupees
  11. 5
  12. 50
  13. 100
  14. 13
  15. what buyers will pay
  16. 10
  17. 20
  18. 76
  19. 15
  20. 50
  21. 100
  22. 25
  23. cost + a markup
  24. 52
  25. 35
  26. 55
  27. 20
  28. 10
  29. 10
  30. 66
  31. 100
  32. 10
  33. 25
  34. 20
  35. 20
  36. 50
  37. 5
  38. 10
  39. 20
  40. 25

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