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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 342 · 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 fruit cup costs ₹15 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  2. 2.One jute bag costs ₹25 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One cup of lemonade costs ₹30 to make and Kabir sells it for ₹33. What is the markup in percent?
  4. 4.One potted plant costs ₹15 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  6. 6.One cup of lemonade costs ₹36 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹10 to make and Joseph sells it for ₹12. What is the markup in percent?
  8. 8.One friendship band costs ₹35 to make and Kabir sells it for ₹42. What is the markup in percent?
  9. 9.One paper bookmark costs ₹42 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹30 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One clay diya costs ₹28 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One fruit cup costs ₹46 to make and Tara sells it for ₹69. What is the markup in percent?
  13. 13.One painted pebble costs ₹24 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One clay diya costs ₹58 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  15. 15.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  16. 16.One paper bookmark costs ₹60 to make and Dev sells it for ₹75. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹40 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  18. 18.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  19. 19.One glass of chai costs ₹59 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹48 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One painted pebble costs ₹28 to make and Rohan sells it for ₹56. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹56 to make and Diya sells it for ₹84. What is the markup in percent?
  23. 23.One cup of lemonade costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One bag of popcorn costs ₹40 to make and Lakshmi sells it for ₹48. What is the markup in percent?
  25. 25.One cup of lemonade costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One clay diya costs ₹30 to make and Ananya sells it for ₹36. What is the markup in percent?
  27. 27.One painted pebble costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  28. 28.One potted plant costs ₹50 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One potted plant costs ₹40 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹48 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹34 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One bag of popcorn costs ₹20 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹30 to make and Kabir sells it for ₹45. What is the markup in percent?
  35. 35.One fruit cup costs ₹25 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹28 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹54 to make and Kavya sells it for ₹108. What is the markup in percent?
  38. 38.One jute bag costs ₹20 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹60 to make and Kabir sells it for ₹66. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹28 to make. Riya adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 3
  2. 5
  3. 10
  4. 30
  5. 10 rupees
  6. 36
  7. 20
  8. 20
  9. 63
  10. 3
  11. 7
  12. 50
  13. 6
  14. 87
  15. what buyers will pay
  16. 25
  17. 50
  18. cost + a markup
  19. 118
  20. 12
  21. 100
  22. 50
  23. 22
  24. 20
  25. 22
  26. 20
  27. 10
  28. 55
  29. 1
  30. 48
  31. 24
  32. 51
  33. 2
  34. 50
  35. 30
  36. 42
  37. 100
  38. 30
  39. 10
  40. 35

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