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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 436 · 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 handmade card costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One glass of chai costs ₹40 to make and Kabir sells it for ₹50. What is the markup in percent?
  3. 3.One cup of lemonade costs ₹36 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One clay diya costs ₹28 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  6. 6.One glass of chai costs ₹12 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One jute bag costs ₹50 to make and Joseph sells it for ₹55. What is the markup in percent?
  8. 8.One painted pebble costs ₹35 to make and Kabir sells it for ₹42. What is the markup in percent?
  9. 9.One painted pebble costs ₹48 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  10. 10.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  11. 11.One potted plant costs ₹26 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One handmade card costs ₹60 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One fruit cup costs ₹20 to make and Aarav sells it for ₹22. What is the markup in percent?
  14. 14.One glass of chai costs ₹30 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹52 to make and Diya sells it for ₹65. What is the markup in percent?
  16. 16.One handmade card costs ₹40 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹45 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One fruit cup costs ₹46 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  19. 19.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  20. 20.One jute bag costs ₹36 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹15 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹40 to make and Dev sells it for ₹44. What is the markup in percent?
  23. 23.One friendship band costs ₹24 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  25. 25.One handmade card costs ₹35 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One jute bag costs ₹60 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One clay diya costs ₹50 to make and Rohan sells it for ₹60. What is the markup in percent?
  28. 28.One glass of chai costs ₹56 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One painted pebble costs ₹50 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One clay diya costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One potted plant costs ₹50 to make and Gurpreet sells it for ₹55. What is the markup in percent?
  34. 34.One cupcake costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹53 to make and Kabir sells it for ₹106. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹50 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹36 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One friendship band costs ₹41 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 4
  2. 25
  3. 9
  4. 42
  5. cost + a markup
  6. 6
  7. 10
  8. 20
  9. 60
  10. a loss
  11. 39
  12. 72
  13. 10
  14. 36
  15. 25
  16. 48
  17. 9
  18. 69
  19. 10 rupees
  20. 9
  21. 18
  22. 10
  23. 6
  24. what buyers will pay
  25. 42
  26. 6
  27. 20
  28. 56
  29. 55
  30. 5
  31. 33
  32. 22
  33. 10
  34. 11
  35. 100
  36. 48
  37. 11
  38. 100
  39. 45
  40. 82

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