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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 235 · 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 handmade card costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One cup of lemonade costs ₹45 to make and Zoya sells it for ₹54. What is the markup in percent?
  3. 3.One potted plant costs ₹48 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  5. 5.One bag of popcorn costs ₹40 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One cupcake costs ₹30 to make and Vihaan sells it for ₹33. What is the markup in percent?
  7. 7.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  8. 8.One cupcake costs ₹60 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One bag of popcorn costs ₹20 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One clay diya costs ₹20 to make and Aarav sells it for ₹25. What is the markup in percent?
  11. 11.One painted pebble costs ₹60 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One glass of chai costs ₹25 to make and Ananya sells it for ₹30. What is the markup in percent?
  13. 13.One paper bookmark costs ₹15 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  14. 14.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) the weather only (d) nothing else
  15. 15.One friendship band costs ₹44 to make and Lakshmi sells it for ₹88. What is the markup in percent?
  16. 16.One friendship band costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹18 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹57 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹23 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹40 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One clay diya costs ₹48 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One cup of lemonade costs ₹20 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹56 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One fruit cup costs ₹34 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One handmade card costs ₹28 to make and Lakshmi sells it for ₹42. What is the markup in percent?
  26. 26.One potted plant costs ₹55 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One handmade card costs ₹58 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹46 to make and Ishaan sells it for ₹69. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹25 to make and Ananya sells it for ₹30. What is the markup in percent?
  31. 31.One clay diya costs ₹30 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One cupcake costs ₹36 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹32 to make and Vihaan sells it for ₹64. What is the markup in percent?
  34. 34.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  35. 35.One jute bag costs ₹44 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One cupcake costs ₹14 to make and Rohan sells it for ₹28. What is the markup in percent?
  37. 37.One fruit cup costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One cup of lemonade costs ₹40 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One potted plant costs ₹14 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One fruit cup costs ₹60 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 22
  2. 20
  3. 60
  4. 10 rupees
  5. 10
  6. 10
  7. cost + a markup
  8. 6
  9. 10
  10. 25
  11. 72
  12. 20
  13. 30
  14. what buyers will pay
  15. 100
  16. 22
  17. 27
  18. 114
  19. 23
  20. 10
  21. 96
  22. 40
  23. 84
  24. 34
  25. 50
  26. 66
  27. 5
  28. 116
  29. 50
  30. 20
  31. 3
  32. 45
  33. 100
  34. a loss
  35. 11
  36. 100
  37. 55
  38. 44
  39. 14
  40. 60

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