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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 327 · 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 glass of chai costs ₹44 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One clay diya costs ₹56 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One cupcake costs ₹55 to make and Zoya sells it for ₹66. What is the markup in percent?
  4. 4.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  5. 5.One glass of chai costs ₹24 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One painted pebble costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One potted plant costs ₹28 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One friendship band costs ₹38 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One bag of popcorn costs ₹14 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹15 to make and Ishaan sells it for ₹18. What is the markup in percent?
  11. 11.One bag of popcorn costs ₹34 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One paper bookmark costs ₹40 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  14. 14.One cup of lemonade costs ₹55 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹31 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One potted plant costs ₹52 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One clay diya costs ₹10 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One cup of lemonade costs ₹12 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹20 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹20 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One glass of chai costs ₹33 to make and Ishaan sells it for ₹66. What is the markup in percent?
  22. 22.One glass of chai costs ₹19 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One bag of popcorn costs ₹55 to make and Meera sells it for ₹66. What is the markup in percent?
  24. 24.One paper bookmark costs ₹20 to make and Arjun sells it for ₹30. What is the markup in percent?
  25. 25.One handmade card costs ₹20 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One bag of popcorn costs ₹59 to make and Diya sells it for ₹118. What is the markup in percent?
  27. 27.One cup of lemonade costs ₹50 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One cupcake costs ₹46 to make and Aarav sells it for ₹69. What is the markup in percent?
  29. 29.One paper bookmark costs ₹20 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One glass of chai costs ₹40 to make and Riya sells it for ₹48. What is the markup in percent?
  31. 31.One clay diya costs ₹46 to make and Meera sells it for ₹92. What is the markup in percent?
  32. 32.One painted pebble costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One bag of popcorn costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  34. 34.One bag of popcorn costs ₹14 to make and Ishaan sells it for ₹21. What is the markup in percent?
  35. 35.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  36. 36.One friendship band costs ₹48 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One painted pebble costs ₹60 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹48 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹44 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One cupcake costs ₹60 to make. Riya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 11
  2. 70
  3. 20
  4. a loss
  5. 36
  6. 1
  7. 42
  8. 57
  9. 21
  10. 20
  11. 68
  12. 8
  13. cost + a markup
  14. 66
  15. 62
  16. 65
  17. 10
  18. 18
  19. 25
  20. 10
  21. 100
  22. 38
  23. 20
  24. 50
  25. 30
  26. 100
  27. 55
  28. 50
  29. 40
  30. 20
  31. 100
  32. 33
  33. 10
  34. 50
  35. 10 rupees
  36. 72
  37. 75
  38. 48
  39. 66
  40. 66

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