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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 238 · 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 ₹10 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  3. 3.One potted plant costs ₹54 to make and Diya sells it for ₹108. What is the markup in percent?
  4. 4.One cupcake costs ₹52 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One bag of popcorn costs ₹40 to make and Kavya sells it for ₹48. What is the markup in percent?
  6. 6.One glass of chai costs ₹54 to make and Kabir sells it for ₹81. What is the markup in percent?
  7. 7.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  8. 8.One potted plant costs ₹35 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One jute bag costs ₹60 to make and Aarav sells it for ₹75. What is the markup in percent?
  10. 10.One handmade card costs ₹38 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  11. 11.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  12. 12.One friendship band costs ₹25 to make and Meera sells it for ₹30. What is the markup in percent?
  13. 13.One glass of chai costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One handmade card costs ₹37 to make and Meera sells it for ₹74. What is the markup in percent?
  15. 15.One cupcake costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One friendship band costs ₹20 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹58 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One friendship band costs ₹20 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹15 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One bag of popcorn costs ₹60 to make and Kabir sells it for ₹72. What is the markup in percent?
  22. 22.One friendship band costs ₹48 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One handmade card costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹45 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  26. 26.One clay diya costs ₹40 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹44 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹60 to make and Saanvi sells it for ₹72. What is the markup in percent?
  29. 29.One bag of popcorn costs ₹48 to make and Kabir sells it for ₹72. What is the markup in percent?
  30. 30.One painted pebble costs ₹22 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹10 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹60 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One cup of lemonade costs ₹33 to make and Meera sells it for ₹66. What is the markup in percent?
  34. 34.One glass of chai costs ₹36 to make and Saanvi sells it for ₹54. What is the markup in percent?
  35. 35.One friendship band costs ₹28 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One potted plant costs ₹45 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹44 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One clay diya costs ₹50 to make and Kabir sells it for ₹55. What is the markup in percent?
  39. 39.One paper bookmark costs ₹40 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹45 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 2
  2. 10
  3. 100
  4. 65
  5. 20
  6. 50
  7. what buyers will pay
  8. 42
  9. 25
  10. 57
  11. a loss
  12. 20
  13. 33
  14. 100
  15. 3
  16. 24
  17. 29
  18. 2
  19. 18
  20. 4
  21. 20
  22. 60
  23. 33
  24. 9
  25. cost + a markup
  26. 60
  27. 22
  28. 20
  29. 50
  30. 44
  31. 15
  32. 6
  33. 100
  34. 50
  35. 7
  36. 54
  37. 22
  38. 10
  39. 44
  40. 45

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