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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 3 · 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 painted pebble costs ₹36 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹36 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 50 rupees (d) 5 rupees
  4. 4.One paper bookmark costs ₹46 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  6. 6.One friendship band costs ₹10 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One cup of lemonade costs ₹30 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One cup of lemonade costs ₹15 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One glass of chai costs ₹12 to make and Rohan sells it for ₹15. What is the markup in percent?
  10. 10.One clay diya costs ₹50 to make and Tara sells it for ₹55. What is the markup in percent?
  11. 11.One handmade card costs ₹35 to make and Kavya sells it for ₹42. What is the markup in percent?
  12. 12.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  13. 13.One potted plant costs ₹10 to make and Vihaan sells it for ₹12. What is the markup in percent?
  14. 14.One glass of chai costs ₹10 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹10 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One cup of lemonade costs ₹14 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One jute bag costs ₹20 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  19. 19.One potted plant costs ₹48 to make and Aarav sells it for ₹60. What is the markup in percent?
  20. 20.One glass of chai costs ₹20 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹30 to make and Kavya sells it for ₹36. What is the markup in percent?
  22. 22.One jute bag costs ₹10 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹45 to make and Joseph sells it for ₹54. What is the markup in percent?
  24. 24.One glass of chai costs ₹53 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One cupcake costs ₹32 to make and Kabir sells it for ₹40. What is the markup in percent?
  26. 26.One glass of chai costs ₹47 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹26 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One clay diya costs ₹10 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One potted plant costs ₹14 to make and Farhan sells it for ₹21. What is the markup in percent?
  31. 31.One potted plant costs ₹30 to make and Aarav sells it for ₹45. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹41 to make and Kabir sells it for ₹82. What is the markup in percent?
  33. 33.One potted plant costs ₹15 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹56 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹10 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹40 to make and Nisha sells it for ₹50. What is the markup in percent?
  37. 37.One painted pebble costs ₹52 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One potted plant costs ₹45 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹58 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One glass of chai costs ₹15 to make and Aarav sells it for ₹18. What is the markup in percent?

Answer key

  1. 9
  2. 18
  3. 10 rupees
  4. 69
  5. cost + a markup
  6. 1
  7. 3
  8. 15
  9. 25
  10. 10
  11. 20
  12. a loss
  13. 20
  14. 11
  15. 12
  16. 21
  17. 2
  18. what buyers will pay
  19. 25
  20. 22
  21. 20
  22. 5
  23. 20
  24. 106
  25. 25
  26. 47
  27. 26
  28. 12
  29. 3
  30. 50
  31. 50
  32. 100
  33. 3
  34. 84
  35. 12
  36. 25
  37. 13
  38. 90
  39. 116
  40. 20

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