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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 265 · 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 ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One handmade card costs ₹40 to make and Kavya sells it for ₹44. What is the markup in percent?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  4. 4.One paper bookmark costs ₹28 to make and Vihaan sells it for ₹35. What is the markup in percent?
  5. 5.One friendship band costs ₹44 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One paper bookmark costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One handmade card costs ₹10 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹30 to make and Tara sells it for ₹36. What is the markup in percent?
  9. 9.One glass of chai costs ₹25 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One jute bag costs ₹44 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One handmade card costs ₹52 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.One glass of chai costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One glass of chai costs ₹14 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹12 to make and Meera sells it for ₹15. What is the markup in percent?
  15. 15.One glass of chai costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One paper bookmark costs ₹10 to make and Tara sells it for ₹11. What is the markup in percent?
  17. 17.One fruit cup costs ₹26 to make and Gurpreet sells it for ₹39. What is the markup in percent?
  18. 18.One bag of popcorn costs ₹60 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹57 to make and Dev sells it for ₹114. What is the markup in percent?
  20. 20.One fruit cup costs ₹44 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  21. 21.One painted pebble costs ₹24 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹50 to make and Kabir sells it for ₹55. What is the markup in percent?
  23. 23.One handmade card costs ₹36 to make and Zoya sells it for ₹45. What is the markup in percent?
  24. 24.One potted plant costs ₹25 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  25. 25.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
  26. 26.One cup of lemonade costs ₹14 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  27. 27.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  28. 28.One painted pebble costs ₹45 to make and Kavya sells it for ₹54. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹51 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One painted pebble costs ₹25 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One potted plant costs ₹60 to make and Saanvi sells it for ₹66. What is the markup in percent?
  32. 32.One jute bag costs ₹39 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One friendship band costs ₹50 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹56 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹20 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One cup of lemonade costs ₹10 to make and Ishaan sells it for ₹11. What is the markup in percent?
  38. 38.One clay diya costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  39. 39.One jute bag costs ₹17 to make and Farhan sells it for ₹34. What is the markup in percent?
  40. 40.One bag of popcorn costs ₹46 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 48
  2. 10
  3. 10 rupees
  4. 25
  5. 22
  6. 22
  7. 12
  8. 20
  9. 30
  10. 55
  11. 26
  12. 11
  13. 21
  14. 25
  15. 44
  16. 10
  17. 50
  18. 12
  19. 100
  20. 50
  21. 30
  22. 10
  23. 25
  24. 30
  25. a loss
  26. 21
  27. cost + a markup
  28. 20
  29. 51
  30. 5
  31. 10
  32. 39
  33. 10
  34. 112
  35. 2
  36. 24
  37. 10
  38. 10
  39. 100
  40. 23

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