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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 36 · 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 cupcake costs ₹35 to make and Saanvi sells it for ₹42. What is the markup in percent?
  2. 2.One friendship band costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.One cup of lemonade costs ₹30 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One friendship band costs ₹16 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹28 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One bag of popcorn costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  7. 7.One potted plant costs ₹56 to make and Ishaan sells it for ₹70. What is the markup in percent?
  8. 8.One glass of chai costs ₹24 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One cup of lemonade costs ₹50 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  11. 11.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  13. 13.One paper bookmark costs ₹15 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One friendship band costs ₹58 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One jute bag costs ₹20 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One bag of popcorn costs ₹10 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹55 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One friendship band costs ₹30 to make and Nisha sells it for ₹33. What is the markup in percent?
  19. 19.One potted plant costs ₹32 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹28 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹34 to make and Ishaan sells it for ₹68. What is the markup in percent?
  22. 22.One friendship band costs ₹30 to make and Tara sells it for ₹33. What is the markup in percent?
  23. 23.One handmade card costs ₹60 to make and Gurpreet sells it for ₹72. What is the markup in percent?
  24. 24.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  25. 25.One clay diya costs ₹23 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One bag of popcorn costs ₹50 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One painted pebble costs ₹24 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹36 to make and Saanvi sells it for ₹72. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹52 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One friendship band costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One painted pebble costs ₹60 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹22 to make and Lakshmi sells it for ₹33. What is the markup in percent?
  33. 33.One paper bookmark costs ₹35 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One cup of lemonade costs ₹58 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹30 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One jute bag costs ₹16 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One painted pebble costs ₹46 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹50 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One fruit cup costs ₹30 to make and Tara sells it for ₹45. What is the markup in percent?
  40. 40.One jute bag costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 20
  2. 1
  3. 6
  4. 4
  5. 7
  6. 20
  7. 25
  8. 48
  9. 10
  10. what buyers will pay
  11. cost + a markup
  12. 10 rupees
  13. 18
  14. 116
  15. 10
  16. 12
  17. 66
  18. 10
  19. 48
  20. 42
  21. 100
  22. 10
  23. 20
  24. a loss
  25. 23
  26. 5
  27. 24
  28. 100
  29. 13
  30. 33
  31. 75
  32. 50
  33. 42
  34. 116
  35. 45
  36. 16
  37. 23
  38. 100
  39. 50
  40. 11

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