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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 621 · 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 ₹10 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One jute bag costs ₹22 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One bag of popcorn costs ₹33 to make. Tara adds a 100% markup. What is the selling price (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 cup of lemonade costs ₹44 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  6. 6.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) your favourite number (d) nothing else
  7. 7.One handmade card costs ₹30 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One potted plant costs ₹24 to make and Zoya sells it for ₹30. What is the markup in percent?
  9. 9.One painted pebble costs ₹30 to make and Kabir sells it for ₹33. What is the markup in percent?
  10. 10.One cupcake costs ₹10 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹60 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One paper bookmark costs ₹42 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One paper bookmark costs ₹21 to make and Zoya sells it for ₹42. What is the markup in percent?
  14. 14.One glass of chai costs ₹14 to make and Kavya sells it for ₹28. What is the markup in percent?
  15. 15.One bag of popcorn costs ₹42 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹34 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹20 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹31 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One cupcake costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹40 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One potted plant costs ₹60 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹48 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One jute bag costs ₹45 to make and Aarav sells it for ₹54. What is the markup in percent?
  24. 24.One potted plant costs ₹18 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One handmade card costs ₹40 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One jute bag costs ₹21 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One jute bag costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  29. 29.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  30. 30.One potted plant costs ₹60 to make and Nisha sells it for ₹120. What is the markup in percent?
  31. 31.One jute bag costs ₹28 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹30 to make and Diya sells it for ₹36. What is the markup in percent?
  33. 33.One glass of chai costs ₹16 to make and Aarav sells it for ₹32. What is the markup in percent?
  34. 34.One cup of lemonade costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
  36. 36.One paper bookmark costs ₹24 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One bag of popcorn costs ₹10 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹25 to make and Gurpreet sells it for ₹30. What is the markup in percent?
  39. 39.One painted pebble costs ₹30 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹60 to make and Aarav sells it for ₹75. What is the markup in percent?

Answer key

  1. 12
  2. 11
  3. 66
  4. cost + a markup
  5. 55
  6. what buyers will pay
  7. 36
  8. 25
  9. 10
  10. 11
  11. 72
  12. 21
  13. 100
  14. 100
  15. 42
  16. 17
  17. 25
  18. 31
  19. 11
  20. 4
  21. 75
  22. 12
  23. 20
  24. 9
  25. 8
  26. 42
  27. 11
  28. 33
  29. 10 rupees
  30. 100
  31. 35
  32. 20
  33. 100
  34. 22
  35. a loss
  36. 6
  37. 12
  38. 20
  39. 6
  40. 25

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