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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 598 · 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 ₹54 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One glass of chai costs ₹40 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One paper bookmark costs ₹45 to make and Riya sells it for ₹54. What is the markup in percent?
  4. 4.One friendship band costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One potted plant costs ₹55 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹30 to make and Arjun sells it for ₹45. What is the markup in percent?
  7. 7.One clay diya costs ₹27 to make and Ishaan sells it for ₹54. What is the markup in percent?
  8. 8.One painted pebble costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  9. 9.One cup of lemonade costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One glass of chai costs ₹56 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One handmade card costs ₹55 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  12. 12.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) your favourite number (d) the weather only
  13. 13.One friendship band costs ₹25 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One cupcake costs ₹30 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  15. 15.📉 A price below the cost leads to… (a) a loss (b) free stock (c) a profit (d) break-even
  16. 16.One clay diya costs ₹20 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹24 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹56 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One cup of lemonade costs ₹48 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹44 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  22. 22.One cupcake costs ₹30 to make and Ananya sells it for ₹33. What is the markup in percent?
  23. 23.One glass of chai costs ₹20 to make and Vihaan sells it for ₹30. What is the markup in percent?
  24. 24.One glass of chai costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  25. 25.One paper bookmark costs ₹44 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹52 to make and Diya sells it for ₹78. What is the markup in percent?
  27. 27.One bag of popcorn costs ₹40 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹16 to make and Ananya sells it for ₹24. What is the markup in percent?
  29. 29.One painted pebble costs ₹36 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One bag of popcorn costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹20 to make and Riya sells it for ₹25. What is the markup in percent?
  33. 33.One painted pebble costs ₹16 to make and Riya sells it for ₹24. What is the markup in percent?
  34. 34.One friendship band costs ₹10 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One paper bookmark costs ₹12 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹37 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹30 to make and Ananya sells it for ₹33. What is the markup in percent?
  38. 38.One potted plant costs ₹20 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One fruit cup costs ₹60 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One glass of chai costs ₹56 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 54
  2. 44
  3. 20
  4. 1
  5. 66
  6. 50
  7. 100
  8. 10
  9. 66
  10. 70
  11. 66
  12. what buyers will pay
  13. 5
  14. 36
  15. a loss
  16. 30
  17. 36
  18. 14
  19. 12
  20. 44
  21. 10 rupees
  22. 10
  23. 50
  24. 10
  25. 66
  26. 50
  27. 50
  28. 50
  29. 18
  30. 33
  31. 22
  32. 25
  33. 50
  34. 1
  35. 12
  36. 37
  37. 10
  38. 20
  39. 66
  40. 70

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