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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 34 · 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 friendship band costs ₹45 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹36 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One paper bookmark costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One jute bag costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One paper bookmark costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  8. 8.One bag of popcorn costs ₹50 to make and Diya sells it for ₹55. What is the markup in percent?
  9. 9.One fruit cup costs ₹24 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One potted plant costs ₹16 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One glass of chai costs ₹34 to make and Meera sells it for ₹68. What is the markup in percent?
  12. 12.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  13. 13.One fruit cup costs ₹44 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One cupcake costs ₹55 to make and Diya sells it for ₹66. What is the markup in percent?
  15. 15.One clay diya costs ₹20 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One jute bag costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹60 to make and Arjun sells it for ₹72. What is the markup in percent?
  18. 18.One fruit cup costs ₹20 to make and Vihaan sells it for ₹25. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹35 to make and Lakshmi sells it for ₹42. What is the markup in percent?
  20. 20.One cupcake costs ₹43 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One clay diya costs ₹42 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One friendship band costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹16 to make and Tara sells it for ₹24. What is the markup in percent?
  24. 24.One fruit cup costs ₹40 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  26. 26.One glass of chai costs ₹52 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One bag of popcorn costs ₹46 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹30 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One friendship band costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One painted pebble costs ₹40 to make and Joseph sells it for ₹50. What is the markup in percent?
  31. 31.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  32. 32.One cup of lemonade costs ₹16 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One painted pebble costs ₹50 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹12 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹39 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One handmade card costs ₹44 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹26 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹20 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One cupcake costs ₹45 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹40 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 90
  2. 72
  3. 44
  4. 65
  5. 33
  6. 2
  7. what buyers will pay
  8. 10
  9. 12
  10. 16
  11. 100
  12. cost + a markup
  13. 22
  14. 20
  15. 4
  16. 1
  17. 20
  18. 25
  19. 20
  20. 43
  21. 63
  22. 44
  23. 50
  24. 44
  25. a loss
  26. 13
  27. 23
  28. 36
  29. 2
  30. 25
  31. 10 rupees
  32. 24
  33. 10
  34. 24
  35. 78
  36. 66
  37. 13
  38. 30
  39. 54
  40. 8

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