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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 426 · 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 ₹42 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹60 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  4. 4.One painted pebble costs ₹36 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One glass of chai costs ₹20 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One bag of popcorn costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One cupcake costs ₹28 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One potted plant costs ₹12 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One bag of popcorn costs ₹10 to make and Joseph sells it for ₹15. What is the markup in percent?
  10. 10.One jute bag costs ₹32 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One painted pebble costs ₹19 to make and Vihaan sells it for ₹38. What is the markup in percent?
  12. 12.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  13. 13.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  14. 14.One cup of lemonade costs ₹28 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One clay diya costs ₹55 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One fruit cup costs ₹20 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One cup of lemonade costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  18. 18.One handmade card costs ₹30 to make and Meera sells it for ₹36. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹36 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One glass of chai costs ₹60 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  21. 21.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  22. 22.One paper bookmark costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One bag of popcorn costs ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One jute bag costs ₹15 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹12 to make and Joseph sells it for ₹18. What is the markup in percent?
  26. 26.One jute bag costs ₹20 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹52 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹18 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One paper bookmark costs ₹30 to make and Meera sells it for ₹33. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹36 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹32 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹20 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One handmade card costs ₹15 to make and Diya sells it for ₹18. What is the markup in percent?
  34. 34.One cupcake costs ₹20 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One friendship band costs ₹44 to make and Zoya sells it for ₹55. What is the markup in percent?
  38. 38.One cup of lemonade costs ₹40 to make and Dev sells it for ₹50. What is the markup in percent?
  39. 39.One glass of chai costs ₹10 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One cupcake costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 63
  2. 12
  3. a loss
  4. 45
  5. 40
  6. 3
  7. 28
  8. 15
  9. 50
  10. 48
  11. 100
  12. what buyers will pay
  13. 10 rupees
  14. 42
  15. 11
  16. 20
  17. 10
  18. 20
  19. 9
  20. 66
  21. cost + a markup
  22. 33
  23. 3
  24. 18
  25. 50
  26. 25
  27. 13
  28. 18
  29. 10
  30. 9
  31. 40
  32. 2
  33. 20
  34. 24
  35. 10
  36. 6
  37. 25
  38. 25
  39. 12
  40. 11

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