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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 282 · 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. Meera adds a 10% markup. What is the selling price (in ₹)?
  2. 2.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  3. 3.One handmade card costs ₹20 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One jute bag costs ₹29 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) nothing else (d) the weather only
  6. 6.One jute bag costs ₹56 to make and Diya sells it for ₹70. What is the markup in percent?
  7. 7.One clay diya costs ₹32 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  8. 8.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  9. 9.One cup of lemonade costs ₹10 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One clay diya costs ₹14 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.One cupcake costs ₹25 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One clay diya costs ₹25 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One paper bookmark costs ₹12 to make and Saanvi sells it for ₹15. What is the markup in percent?
  14. 14.One painted pebble costs ₹14 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One bag of popcorn costs ₹26 to make and Meera sells it for ₹39. What is the markup in percent?
  16. 16.One cup of lemonade costs ₹32 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One friendship band costs ₹59 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹50 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹51 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One cupcake costs ₹56 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹30 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One bag of popcorn costs ₹16 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  23. 23.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  24. 24.One fruit cup costs ₹60 to make and Rohan sells it for ₹72. What is the markup in percent?
  25. 25.One potted plant costs ₹60 to make and Ishaan sells it for ₹72. What is the markup in percent?
  26. 26.One paper bookmark costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  27. 27.One painted pebble costs ₹40 to make and Meera sells it for ₹44. What is the markup in percent?
  28. 28.One friendship band costs ₹46 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹19 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹54 to make and Farhan sells it for ₹81. What is the markup in percent?
  31. 31.One fruit cup costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹12 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One jute bag costs ₹55 to make and Zoya sells it for ₹110. What is the markup in percent?
  34. 34.One jute bag costs ₹17 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹44 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One clay diya costs ₹50 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One paper bookmark costs ₹44 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One paper bookmark costs ₹10 to make and Aarav sells it for ₹12. What is the markup in percent?
  40. 40.One friendship band costs ₹56 to make and Tara sells it for ₹70. What is the markup in percent?

Answer key

  1. 11
  2. a loss
  3. 2
  4. 58
  5. what buyers will pay
  6. 25
  7. 40
  8. cost + a markup
  9. 12
  10. 7
  11. 25
  12. 50
  13. 25
  14. 7
  15. 50
  16. 40
  17. 118
  18. 5
  19. 102
  20. 70
  21. 36
  22. 24
  23. 10 rupees
  24. 20
  25. 20
  26. 20
  27. 10
  28. 23
  29. 38
  30. 50
  31. 65
  32. 3
  33. 100
  34. 34
  35. 55
  36. 66
  37. 5
  38. 44
  39. 20
  40. 25

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