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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 286 · 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 ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹42 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One cup of lemonade costs ₹58 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  5. 5.One potted plant costs ₹52 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One jute bag costs ₹36 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One fruit cup costs ₹55 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One painted pebble costs ₹24 to make and Rohan sells it for ₹30. What is the markup in percent?
  9. 9.One paper bookmark costs ₹60 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One paper bookmark costs ₹28 to make and Riya sells it for ₹56. What is the markup in percent?
  11. 11.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) your favourite number (d) nothing else
  12. 12.One painted pebble costs ₹40 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One cupcake costs ₹44 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹48 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One handmade card costs ₹20 to make and Riya sells it for ₹22. What is the markup in percent?
  16. 16.One cupcake costs ₹33 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One cup of lemonade costs ₹30 to make and Joseph sells it for ₹45. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹24 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One handmade card costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One glass of chai costs ₹50 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹40 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹18 to make and Aarav sells it for ₹27. What is the markup in percent?
  24. 24.One glass of chai costs ₹22 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One cupcake costs ₹15 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹25 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  27. 27.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  28. 28.One glass of chai costs ₹27 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One potted plant costs ₹60 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One potted plant costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹40 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹20 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One cup of lemonade costs ₹50 to make and Tara sells it for ₹60. What is the markup in percent?
  34. 34.One glass of chai costs ₹36 to make and Joseph sells it for ₹72. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One jute bag costs ₹38 to make and Dev sells it for ₹57. What is the markup in percent?
  37. 37.One cupcake costs ₹12 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹48 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹30 to make and Aarav sells it for ₹45. What is the markup in percent?
  40. 40.One potted plant costs ₹15 to make and Meera sells it for ₹18. What is the markup in percent?

Answer key

  1. 66
  2. 84
  3. 116
  4. 10 rupees
  5. 78
  6. 54
  7. 11
  8. 25
  9. 120
  10. 100
  11. what buyers will pay
  12. 50
  13. 22
  14. 12
  15. 10
  16. 33
  17. 50
  18. 30
  19. 2
  20. 5
  21. 8
  22. 33
  23. 50
  24. 44
  25. 3
  26. 30
  27. cost + a markup
  28. 27
  29. 66
  30. 55
  31. 8
  32. 4
  33. 20
  34. 100
  35. 11
  36. 50
  37. 15
  38. 60
  39. 50
  40. 20

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