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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 626 · 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 fruit cup costs ₹50 to make and Kabir sells it for ₹100. What is the markup in percent?
  2. 2.One potted plant costs ₹10 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  4. 4.One friendship band costs ₹18 to make and Aarav sells it for ₹27. What is the markup in percent?
  5. 5.One jute bag costs ₹52 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One cup of lemonade costs ₹10 to make and Dev sells it for ₹11. What is the markup in percent?
  7. 7.One painted pebble costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One glass of chai costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  9. 9.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  11. 11.One fruit cup costs ₹36 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One handmade card costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One friendship band costs ₹40 to make and Arjun sells it for ₹48. What is the markup in percent?
  14. 14.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost − a markup (d) cost + a markup
  15. 15.One potted plant costs ₹29 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One cup of lemonade costs ₹40 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One cupcake costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One glass of chai costs ₹20 to make and Saanvi sells it for ₹25. What is the markup in percent?
  19. 19.One cupcake costs ₹15 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One jute bag costs ₹56 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One potted plant costs ₹24 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹32 to make and Aarav sells it for ₹48. What is the markup in percent?
  23. 23.One handmade card costs ₹20 to make and Zoya sells it for ₹22. What is the markup in percent?
  24. 24.One potted plant costs ₹35 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One handmade card costs ₹10 to make and Diya sells it for ₹20. What is the markup in percent?
  26. 26.One clay diya costs ₹60 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One cupcake costs ₹24 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹60 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One cup of lemonade costs ₹20 to make and Meera sells it for ₹40. What is the markup in percent?
  30. 30.One potted plant costs ₹55 to make and Meera sells it for ₹110. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹55 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One potted plant costs ₹52 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One potted plant costs ₹25 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹60 to make and Meera sells it for ₹90. What is the markup in percent?
  37. 37.One painted pebble costs ₹60 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One cupcake costs ₹10 to make and Kavya sells it for ₹11. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹35 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹30 to make and Joseph sells it for ₹36. What is the markup in percent?

Answer key

  1. 100
  2. 20
  3. a loss
  4. 50
  5. 13
  6. 10
  7. 2
  8. 10
  9. what buyers will pay
  10. 10 rupees
  11. 9
  12. 6
  13. 20
  14. cost + a markup
  15. 58
  16. 44
  17. 3
  18. 25
  19. 3
  20. 28
  21. 36
  22. 50
  23. 10
  24. 7
  25. 100
  26. 30
  27. 36
  28. 66
  29. 100
  30. 100
  31. 55
  32. 11
  33. 13
  34. 5
  35. 44
  36. 50
  37. 72
  38. 10
  39. 7
  40. 20

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