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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 341 · 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 ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  3. 3.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  4. 4.One potted plant costs ₹55 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One clay diya costs ₹48 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One potted plant costs ₹46 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹30 to make and Aarav sells it for ₹33. What is the markup in percent?
  8. 8.One friendship band costs ₹60 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One bag of popcorn costs ₹16 to make and Lakshmi sells it for ₹20. What is the markup in percent?
  10. 10.One fruit cup costs ₹22 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One jute bag costs ₹36 to make and Kabir sells it for ₹54. What is the markup in percent?
  12. 12.One clay diya costs ₹40 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹38 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹24 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹10 to make and Diya sells it for ₹12. What is the markup in percent?
  16. 16.One painted pebble costs ₹60 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One bag of popcorn costs ₹30 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹27 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹60 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹24 to make and Ananya sells it for ₹30. What is the markup in percent?
  22. 22.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) nothing else (d) your favourite number
  23. 23.One potted plant costs ₹27 to make and Saanvi sells it for ₹54. What is the markup in percent?
  24. 24.One fruit cup costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One jute bag costs ₹60 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One bag of popcorn costs ₹52 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One clay diya costs ₹24 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One fruit cup costs ₹34 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹44 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹28 to make and Joseph sells it for ₹42. What is the markup in percent?
  32. 32.One paper bookmark costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹36 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹24 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹52 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹40 to make and Arjun sells it for ₹50. What is the markup in percent?
  37. 37.One glass of chai costs ₹12 to make and Riya sells it for ₹15. What is the markup in percent?
  38. 38.One jute bag costs ₹11 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹40 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹55 to make and Arjun sells it for ₹66. What is the markup in percent?

Answer key

  1. 2
  2. 10 rupees
  3. cost + a markup
  4. 11
  5. 60
  6. 46
  7. 10
  8. 6
  9. 25
  10. 33
  11. 50
  12. 60
  13. 57
  14. 36
  15. 20
  16. 30
  17. 36
  18. 66
  19. 54
  20. 75
  21. 25
  22. what buyers will pay
  23. 100
  24. 2
  25. 75
  26. 26
  27. 30
  28. 51
  29. 11
  30. 55
  31. 50
  32. 22
  33. 9
  34. 30
  35. 13
  36. 25
  37. 25
  38. 11
  39. 48
  40. 20

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