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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 293 · 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 ₹30 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One friendship band costs ₹10 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  4. 4.One handmade card costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One clay diya costs ₹24 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One cup of lemonade costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One cup of lemonade costs ₹46 to make and Farhan sells it for ₹69. What is the markup in percent?
  8. 8.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  9. 9.One glass of chai costs ₹52 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One bag of popcorn costs ₹15 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹40 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One handmade card costs ₹12 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹60 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹10 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹31 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  16. 16.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  17. 17.One cupcake costs ₹56 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹25 to make and Aarav sells it for ₹30. What is the markup in percent?
  19. 19.One cupcake costs ₹32 to make and Saanvi sells it for ₹40. What is the markup in percent?
  20. 20.One cupcake costs ₹24 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  22. 22.One paper bookmark costs ₹18 to make and Lakshmi sells it for ₹27. What is the markup in percent?
  23. 23.One paper bookmark costs ₹16 to make and Dev sells it for ₹24. What is the markup in percent?
  24. 24.One glass of chai costs ₹48 to make and Ananya sells it for ₹72. What is the markup in percent?
  25. 25.One cup of lemonade costs ₹48 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One clay diya costs ₹15 to make and Zoya sells it for ₹30. What is the markup in percent?
  27. 27.One clay diya costs ₹52 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹50 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹15 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹24 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  32. 32.One clay diya costs ₹10 to make and Farhan sells it for ₹11. What is the markup in percent?
  33. 33.One cup of lemonade costs ₹39 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹40 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹20 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹45 to make and Tara sells it for ₹54. What is the markup in percent?
  37. 37.One cup of lemonade costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One cup of lemonade costs ₹15 to make and Aarav sells it for ₹18. What is the markup in percent?
  39. 39.One glass of chai costs ₹28 to make and Saanvi sells it for ₹35. What is the markup in percent?
  40. 40.One fruit cup costs ₹56 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 33
  2. 1
  3. cost + a markup
  4. 44
  5. 48
  6. 11
  7. 50
  8. a loss
  9. 78
  10. 18
  11. 4
  12. 15
  13. 12
  14. 15
  15. 62
  16. what buyers will pay
  17. 112
  18. 20
  19. 25
  20. 12
  21. 10 rupees
  22. 50
  23. 50
  24. 50
  25. 72
  26. 100
  27. 13
  28. 55
  29. 18
  30. 1
  31. 25
  32. 10
  33. 39
  34. 44
  35. 24
  36. 20
  37. 11
  38. 20
  39. 25
  40. 70

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