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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 599 · 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 ₹40 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹53 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  4. 4.One paper bookmark costs ₹32 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.One jute bag costs ₹24 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One fruit cup costs ₹40 to make and Kavya sells it for ₹44. What is the markup in percent?
  7. 7.One bag of popcorn costs ₹15 to make and Farhan sells it for ₹18. What is the markup in percent?
  8. 8.One painted pebble costs ₹52 to make and Tara sells it for ₹65. What is the markup in percent?
  9. 9.One paper bookmark costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 50 rupees (d) 20 rupees
  11. 11.One handmade card costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One glass of chai costs ₹40 to make and Saanvi sells it for ₹44. What is the markup in percent?
  13. 13.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  14. 14.One fruit cup costs ₹40 to make and Lakshmi sells it for ₹44. What is the markup in percent?
  15. 15.One painted pebble costs ₹30 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹40 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One clay diya costs ₹26 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹60 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One potted plant costs ₹38 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹20 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  22. 22.One potted plant costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One cupcake costs ₹10 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  25. 25.One potted plant costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  26. 26.One cup of lemonade costs ₹10 to make and Dev sells it for ₹12. What is the markup in percent?
  27. 27.One jute bag costs ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹36 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹50 to make and Lakshmi sells it for ₹75. What is the markup in percent?
  30. 30.One friendship band costs ₹12 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹33 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹40 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One paper bookmark costs ₹52 to make and Saanvi sells it for ₹65. What is the markup in percent?
  34. 34.One cupcake costs ₹48 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One cupcake costs ₹10 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹40 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One cupcake costs ₹60 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One potted plant costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  39. 39.One friendship band costs ₹20 to make and Aarav sells it for ₹22. What is the markup in percent?
  40. 40.One painted pebble costs ₹60 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 4
  2. 53
  3. what buyers will pay
  4. 16
  5. 6
  6. 10
  7. 20
  8. 25
  9. 1
  10. 10 rupees
  11. 6
  12. 10
  13. a loss
  14. 10
  15. 3
  16. 48
  17. 39
  18. 72
  19. 57
  20. 40
  21. 10
  22. 22
  23. 2
  24. cost + a markup
  25. 10
  26. 20
  27. 3
  28. 45
  29. 50
  30. 12
  31. 66
  32. 8
  33. 25
  34. 12
  35. 2
  36. 50
  37. 6
  38. 10
  39. 10
  40. 72

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