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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 534 · 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 ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹35 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹10 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹32 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One paper bookmark costs ₹60 to make and Arjun sells it for ₹75. What is the markup in percent?
  6. 6.One bag of popcorn costs ₹28 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹47 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One fruit cup costs ₹12 to make and Joseph sells it for ₹18. What is the markup in percent?
  9. 9.One paper bookmark costs ₹56 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) nothing else (d) the weather only
  11. 11.One cupcake costs ₹16 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹20 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One paper bookmark costs ₹60 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  14. 14.One friendship band costs ₹30 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  15. 15.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  16. 16.One jute bag costs ₹12 to make and Riya sells it for ₹15. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹24 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One glass of chai costs ₹36 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One painted pebble costs ₹38 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One cupcake costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹36 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹44 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹55 to make and Kavya sells it for ₹66. What is the markup in percent?
  24. 24.One friendship band costs ₹40 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One glass of chai costs ₹34 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹26 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹12 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹25 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹36 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  30. 30.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  31. 31.One cupcake costs ₹48 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹17 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One clay diya costs ₹20 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹30 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹30 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One paper bookmark costs ₹50 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  39. 39.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  40. 40.One handmade card costs ₹28 to make and Rohan sells it for ₹35. What is the markup in percent?

Answer key

  1. 22
  2. 42
  3. 12
  4. 48
  5. 25
  6. 28
  7. 47
  8. 50
  9. 14
  10. what buyers will pay
  11. 20
  12. 22
  13. 10
  14. 33
  15. a loss
  16. 25
  17. 6
  18. 36
  19. 57
  20. 22
  21. 45
  22. 55
  23. 20
  24. 4
  25. 68
  26. 39
  27. 3
  28. 30
  29. 72
  30. cost + a markup
  31. 60
  32. 17
  33. 2
  34. 33
  35. 10
  36. 6
  37. 60
  38. 11
  39. 10 rupees
  40. 25

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