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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 553 · 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 cupcake costs ₹44 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One paper bookmark costs ₹30 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One potted plant costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One handmade card costs ₹10 to make and Ananya sells it for ₹12. What is the markup in percent?
  5. 5.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 50 rupees (d) 5 rupees
  7. 7.One jute bag costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  8. 8.One bag of popcorn costs ₹23 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One bag of popcorn costs ₹10 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One cup of lemonade costs ₹25 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One jute bag costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One paper bookmark costs ₹50 to make and Riya sells it for ₹100. What is the markup in percent?
  13. 13.One potted plant costs ₹60 to make and Ishaan sells it for ₹72. What is the markup in percent?
  14. 14.One cupcake costs ₹20 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹43 to make and Tara sells it for ₹86. What is the markup in percent?
  16. 16.One friendship band costs ₹54 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One bag of popcorn costs ₹24 to make and Meera sells it for ₹30. What is the markup in percent?
  18. 18.One friendship band costs ₹60 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹22 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹30 to make and Kabir sells it for ₹33. What is the markup in percent?
  22. 22.One potted plant costs ₹60 to make and Ishaan sells it for ₹66. What is the markup in percent?
  23. 23.One friendship band costs ₹20 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹55 to make and Rohan sells it for ₹66. What is the markup in percent?
  25. 25.One fruit cup costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  26. 26.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  27. 27.One painted pebble costs ₹30 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹30 to make and Meera sells it for ₹36. What is the markup in percent?
  29. 29.One handmade card costs ₹54 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One bag of popcorn costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  31. 31.One bag of popcorn costs ₹46 to make and Meera sells it for ₹69. What is the markup in percent?
  32. 32.One friendship band costs ₹30 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹50 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One cup of lemonade costs ₹47 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹20 to make and Gurpreet sells it for ₹30. What is the markup in percent?
  36. 36.One potted plant costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹50 to make and Tara sells it for ₹100. What is the markup in percent?
  38. 38.One friendship band costs ₹38 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One fruit cup costs ₹24 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹20 to make and Kavya sells it for ₹22. What is the markup in percent?

Answer key

  1. 11
  2. 33
  3. 11
  4. 20
  5. a loss
  6. 10 rupees
  7. 10
  8. 23
  9. 1
  10. 30
  11. 33
  12. 100
  13. 20
  14. 25
  15. 100
  16. 81
  17. 25
  18. 75
  19. 55
  20. 33
  21. 10
  22. 10
  23. 25
  24. 20
  25. 33
  26. cost + a markup
  27. 45
  28. 20
  29. 27
  30. 10
  31. 50
  32. 36
  33. 60
  34. 47
  35. 50
  36. 44
  37. 100
  38. 57
  39. 30
  40. 10

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