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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 587 · 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 ₹45 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹20 to make and Kavya sells it for ₹22. What is the markup in percent?
  3. 3.One friendship band costs ₹11 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  5. 5.One glass of chai costs ₹10 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One cup of lemonade costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹56 to make and Zoya sells it for ₹70. What is the markup in percent?
  9. 9.One cup of lemonade costs ₹44 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹28 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.One glass of chai costs ₹48 to make and Tara sells it for ₹60. What is the markup in percent?
  12. 12.One paper bookmark costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One fruit cup costs ₹50 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  15. 15.One potted plant costs ₹25 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹16 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One cup of lemonade costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹36 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One cup of lemonade costs ₹60 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹45 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One glass of chai costs ₹20 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹36 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹16 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One handmade card costs ₹40 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One cup of lemonade costs ₹50 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One friendship band costs ₹45 to make and Meera sells it for ₹90. What is the markup in percent?
  28. 28.One cup of lemonade costs ₹10 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹54 to make and Ananya sells it for ₹81. What is the markup in percent?
  30. 30.One cupcake costs ₹50 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹40 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹30 to make and Saanvi sells it for ₹45. What is the markup in percent?
  33. 33.One painted pebble costs ₹30 to make and Rohan sells it for ₹36. What is the markup in percent?
  34. 34.One cupcake costs ₹18 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹30 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹30 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹11 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹20 to make and Joseph sells it for ₹40. What is the markup in percent?
  39. 39.One fruit cup costs ₹40 to make and Zoya sells it for ₹60. What is the markup in percent?
  40. 40.One cupcake costs ₹40 to make and Riya sells it for ₹44. What is the markup in percent?

Answer key

  1. 90
  2. 10
  3. 11
  4. cost + a markup
  5. 20
  6. 2
  7. 66
  8. 25
  9. 55
  10. 7
  11. 25
  12. 1
  13. 5
  14. what buyers will pay
  15. 30
  16. 8
  17. 2
  18. 36
  19. 6
  20. 9
  21. 5
  22. 45
  23. 44
  24. 4
  25. 60
  26. 5
  27. 100
  28. 12
  29. 50
  30. 5
  31. 44
  32. 50
  33. 20
  34. 36
  35. 33
  36. 36
  37. 22
  38. 100
  39. 50
  40. 10

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