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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 397 · 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 ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One handmade card costs ₹20 to make and Kabir sells it for ₹40. What is the markup in percent?
  3. 3.One cup of lemonade costs ₹40 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  4. 4.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  5. 5.One cupcake costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹12 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One fruit cup costs ₹56 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One cupcake costs ₹23 to make and Meera sells it for ₹46. What is the markup in percent?
  9. 9.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  10. 10.One potted plant costs ₹56 to make and Joseph sells it for ₹70. What is the markup in percent?
  11. 11.One handmade card costs ₹55 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹55 to make and Kabir sells it for ₹110. What is the markup in percent?
  13. 13.One potted plant costs ₹60 to make and Meera sells it for ₹72. What is the markup in percent?
  14. 14.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  16. 16.One handmade card costs ₹40 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹36 to make and Ananya sells it for ₹54. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹10 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One handmade card costs ₹34 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹36 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One bag of popcorn costs ₹36 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One cup of lemonade costs ₹60 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  25. 25.One bag of popcorn costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One cup of lemonade costs ₹48 to make and Farhan sells it for ₹60. What is the markup in percent?
  27. 27.One friendship band costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹16 to make and Nisha sells it for ₹20. What is the markup in percent?
  30. 30.One painted pebble costs ₹35 to make and Meera sells it for ₹42. What is the markup in percent?
  31. 31.One clay diya costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹16 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹60 to make and Kabir sells it for ₹66. What is the markup in percent?
  34. 34.One friendship band costs ₹42 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One fruit cup costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹35 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹56 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹20 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹30 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 60
  2. 100
  3. 44
  4. a loss
  5. 10
  6. 6
  7. 14
  8. 100
  9. cost + a markup
  10. 25
  11. 66
  12. 100
  13. 20
  14. what buyers will pay
  15. 10 rupees
  16. 8
  17. 50
  18. 5
  19. 68
  20. 45
  21. 4
  22. 9
  23. 72
  24. 20
  25. 44
  26. 25
  27. 44
  28. 15
  29. 25
  30. 20
  31. 44
  32. 24
  33. 10
  34. 42
  35. 55
  36. 70
  37. 10
  38. 84
  39. 4
  40. 30

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