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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 638 · 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 ₹40 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One potted plant costs ₹54 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One handmade card costs ₹56 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One paper bookmark costs ₹22 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One bag of popcorn costs ₹30 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One glass of chai costs ₹10 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One fruit cup costs ₹12 to make and Tara sells it for ₹18. What is the markup in percent?
  8. 8.One cup of lemonade costs ₹20 to make and Kavya sells it for ₹22. What is the markup in percent?
  9. 9.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  10. 10.One glass of chai costs ₹34 to make and Saanvi sells it for ₹51. What is the markup in percent?
  11. 11.One friendship band costs ₹12 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  13. 13.One cup of lemonade costs ₹40 to make and Riya sells it for ₹50. What is the markup in percent?
  14. 14.One painted pebble costs ₹10 to make and Arjun sells it for ₹12. What is the markup in percent?
  15. 15.One fruit cup costs ₹50 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One clay diya costs ₹50 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One bag of popcorn costs ₹12 to make and Ananya sells it for ₹15. What is the markup in percent?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  19. 19.One paper bookmark costs ₹20 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹31 to make and Aarav sells it for ₹62. What is the markup in percent?
  21. 21.One glass of chai costs ₹18 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One clay diya costs ₹52 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  23. 23.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  24. 24.One cup of lemonade costs ₹18 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One bag of popcorn costs ₹20 to make and Farhan sells it for ₹25. What is the markup in percent?
  26. 26.One clay diya costs ₹60 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹44 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One potted plant costs ₹51 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹42 to make and Gurpreet sells it for ₹63. What is the markup in percent?
  30. 30.One paper bookmark costs ₹26 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹50 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One glass of chai costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One paper bookmark costs ₹20 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹50 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One clay diya costs ₹28 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹48 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One cup of lemonade costs ₹44 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹44 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹58 to make. Diya adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 4
  2. 27
  3. 14
  4. 22
  5. 33
  6. 12
  7. 50
  8. 10
  9. a loss
  10. 50
  11. 12
  12. cost + a markup
  13. 25
  14. 20
  15. 100
  16. 55
  17. 25
  18. 10 rupees
  19. 5
  20. 100
  21. 9
  22. 78
  23. what buyers will pay
  24. 18
  25. 25
  26. 6
  27. 11
  28. 51
  29. 50
  30. 13
  31. 55
  32. 1
  33. 4
  34. 1
  35. 60
  36. 35
  37. 12
  38. 11
  39. 66
  40. 87

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