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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 619 · 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 handmade card costs ₹48 to make and Dev sells it for ₹72. What is the markup in percent?
  2. 2.One fruit cup costs ₹46 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  4. 4.One cupcake costs ₹19 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One bag of popcorn costs ₹48 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One cupcake costs ₹16 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One friendship band costs ₹40 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
  9. 9.One potted plant costs ₹15 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One jute bag costs ₹24 to make and Vihaan sells it for ₹30. What is the markup in percent?
  11. 11.One cup of lemonade costs ₹39 to make and Rohan sells it for ₹78. What is the markup in percent?
  12. 12.One clay diya costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  13. 13.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  14. 14.One jute bag costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One paper bookmark costs ₹50 to make and Farhan sells it for ₹100. What is the markup in percent?
  16. 16.One cupcake costs ₹20 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  17. 17.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) your favourite number (d) nothing else
  18. 18.One potted plant costs ₹22 to make and Joseph sells it for ₹33. What is the markup in percent?
  19. 19.One cupcake costs ₹53 to make and Rohan sells it for ₹106. What is the markup in percent?
  20. 20.One painted pebble costs ₹58 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹15 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹44 to make and Riya sells it for ₹55. What is the markup in percent?
  23. 23.One cupcake costs ₹12 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One cup of lemonade costs ₹40 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?
  26. 26.One friendship band costs ₹15 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One cup of lemonade costs ₹40 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹56 to make and Riya sells it for ₹70. What is the markup in percent?
  29. 29.One paper bookmark costs ₹59 to make and Arjun sells it for ₹118. What is the markup in percent?
  30. 30.One potted plant costs ₹20 to make and Riya sells it for ₹22. What is the markup in percent?
  31. 31.One potted plant costs ₹58 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹10 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One cupcake costs ₹35 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One painted pebble costs ₹28 to make and Ishaan sells it for ₹42. What is the markup in percent?
  35. 35.One fruit cup costs ₹38 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹50 to make and Arjun sells it for ₹55. What is the markup in percent?
  37. 37.One friendship band costs ₹26 to make and Zoya sells it for ₹52. What is the markup in percent?
  38. 38.One cupcake costs ₹52 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹60 to make and Kabir sells it for ₹66. What is the markup in percent?
  40. 40.One jute bag costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 69
  3. 10 rupees
  4. 19
  5. 12
  6. 24
  7. 44
  8. a loss
  9. 3
  10. 25
  11. 100
  12. 22
  13. cost + a markup
  14. 1
  15. 100
  16. 40
  17. what buyers will pay
  18. 50
  19. 100
  20. 87
  21. 3
  22. 25
  23. 6
  24. 48
  25. 10
  26. 3
  27. 50
  28. 25
  29. 100
  30. 10
  31. 87
  32. 2
  33. 42
  34. 50
  35. 57
  36. 10
  37. 100
  38. 52
  39. 10
  40. 44

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