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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 630 · 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.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  3. 3.One cup of lemonade costs ₹12 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One cupcake costs ₹54 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹60 to make and Joseph sells it for ₹72. What is the markup in percent?
  6. 6.One glass of chai costs ₹20 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  8. 8.One paper bookmark costs ₹60 to make and Farhan sells it for ₹66. What is the markup in percent?
  9. 9.One cupcake costs ₹52 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One glass of chai costs ₹49 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One potted plant costs ₹24 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One clay diya costs ₹15 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹42 to make and Kavya sells it for ₹63. What is the markup in percent?
  14. 14.One potted plant costs ₹20 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One cup of lemonade costs ₹30 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹40 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One friendship band costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One jute bag costs ₹30 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One potted plant costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One painted pebble costs ₹13 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One potted plant costs ₹38 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹30 to make and Ishaan sells it for ₹33. What is the markup in percent?
  24. 24.One glass of chai costs ₹30 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹26 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹20 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One paper bookmark costs ₹52 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹20 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One glass of chai costs ₹10 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹22 to make and Saanvi sells it for ₹44. What is the markup in percent?
  32. 32.One painted pebble costs ₹54 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  34. 34.One handmade card costs ₹32 to make and Diya sells it for ₹64. What is the markup in percent?
  35. 35.One friendship band costs ₹16 to make and Meera sells it for ₹32. What is the markup in percent?
  36. 36.One clay diya costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One cupcake costs ₹10 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One painted pebble costs ₹20 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One friendship band costs ₹56 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One paper bookmark costs ₹20 to make and Zoya sells it for ₹24. What is the markup in percent?

Answer key

  1. cost + a markup
  2. 10 rupees
  3. 15
  4. 81
  5. 20
  6. 5
  7. 10
  8. 10
  9. 65
  10. 98
  11. 36
  12. 3
  13. 50
  14. 10
  15. 15
  16. 50
  17. 2
  18. 11
  19. 15
  20. 4
  21. 13
  22. 57
  23. 10
  24. 15
  25. 52
  26. 4
  27. 78
  28. 25
  29. 22
  30. 15
  31. 100
  32. 27
  33. a loss
  34. 100
  35. 100
  36. 66
  37. 5
  38. 5
  39. 70
  40. 20

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