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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 578 · 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 ₹30 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹44 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One fruit cup costs ₹36 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  5. 5.One friendship band costs ₹20 to make and Joseph sells it for ₹22. What is the markup in percent?
  6. 6.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) nothing else (d) the weather only
  7. 7.One cup of lemonade costs ₹60 to make and Riya sells it for ₹66. What is the markup in percent?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 50 rupees (d) 5 rupees
  9. 9.One fruit cup costs ₹15 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One jute bag costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹21 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One handmade card costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One painted pebble costs ₹45 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹52 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One handmade card costs ₹60 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One glass of chai costs ₹20 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One glass of chai costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One cupcake costs ₹15 to make and Saanvi sells it for ₹30. What is the markup in percent?
  20. 20.One bag of popcorn costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹45 to make and Farhan sells it for ₹54. What is the markup in percent?
  22. 22.One jute bag costs ₹12 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One friendship band costs ₹35 to make and Kavya sells it for ₹42. What is the markup in percent?
  24. 24.One jute bag costs ₹45 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One bag of popcorn costs ₹22 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One painted pebble costs ₹26 to make and Nisha sells it for ₹39. What is the markup in percent?
  27. 27.One potted plant costs ₹20 to make and Dev sells it for ₹22. What is the markup in percent?
  28. 28.One painted pebble costs ₹36 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  31. 31.One paper bookmark costs ₹21 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  33. 33.One paper bookmark costs ₹20 to make and Farhan sells it for ₹25. What is the markup in percent?
  34. 34.One fruit cup costs ₹14 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One paper bookmark costs ₹16 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹60 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One jute bag costs ₹38 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹13 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One fruit cup costs ₹50 to make and Lakshmi sells it for ₹100. What is the markup in percent?
  40. 40.One potted plant costs ₹15 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 33
  2. 11
  3. 36
  4. cost + a markup
  5. 10
  6. what buyers will pay
  7. 10
  8. 10 rupees
  9. 3
  10. 44
  11. 21
  12. 55
  13. 2
  14. 54
  15. 13
  16. 12
  17. 2
  18. 5
  19. 100
  20. 66
  21. 20
  22. 12
  23. 20
  24. 9
  25. 11
  26. 50
  27. 10
  28. 9
  29. 3
  30. a loss
  31. 42
  32. 10
  33. 25
  34. 7
  35. 4
  36. 6
  37. 76
  38. 13
  39. 100
  40. 3

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