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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 394 · 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 ₹28 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹30 to make and Tara sells it for ₹36. What is the markup in percent?
  3. 3.One glass of chai costs ₹38 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹18 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) the weather only (d) what buyers will pay
  6. 6.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  7. 7.One cup of lemonade costs ₹44 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹10 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹20 to make and Zoya sells it for ₹25. What is the markup in percent?
  10. 10.One bag of popcorn costs ₹40 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹60 to make and Lakshmi sells it for ₹72. What is the markup in percent?
  12. 12.One paper bookmark costs ₹49 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One cupcake costs ₹34 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One painted pebble costs ₹40 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One painted pebble costs ₹20 to make and Kabir sells it for ₹22. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One cup of lemonade costs ₹50 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One cupcake costs ₹50 to make and Ishaan sells it for ₹75. What is the markup in percent?
  20. 20.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  21. 21.One fruit cup costs ₹10 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One jute bag costs ₹50 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One handmade card costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One fruit cup costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  25. 25.One cup of lemonade costs ₹15 to make and Aarav sells it for ₹18. What is the markup in percent?
  26. 26.One handmade card costs ₹52 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One friendship band costs ₹45 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹15 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹30 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One painted pebble costs ₹16 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹10 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  34. 34.One glass of chai costs ₹28 to make and Farhan sells it for ₹35. What is the markup in percent?
  35. 35.One clay diya costs ₹55 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One cupcake costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹30 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹60 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One bag of popcorn costs ₹55 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹40 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 56
  2. 20
  3. 76
  4. 9
  5. what buyers will pay
  6. a loss
  7. 66
  8. 11
  9. 25
  10. 44
  11. 20
  12. 49
  13. 51
  14. 60
  15. 1
  16. 10
  17. 66
  18. 10
  19. 50
  20. cost + a markup
  21. 12
  22. 55
  23. 33
  24. 10
  25. 20
  26. 65
  27. 90
  28. 18
  29. 6
  30. 24
  31. 5
  32. 2
  33. 10 rupees
  34. 25
  35. 110
  36. 5
  37. 45
  38. 30
  39. 66
  40. 48

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