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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 647 · 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 friendship band costs ₹40 to make and Farhan sells it for ₹50. What is the markup in percent?
  2. 2.One bag of popcorn costs ₹32 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  4. 4.One bag of popcorn costs ₹60 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One fruit cup costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One jute bag costs ₹25 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One glass of chai costs ₹60 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 20 rupees (d) 50 rupees
  9. 9.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  10. 10.One glass of chai costs ₹15 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One potted plant costs ₹10 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹24 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One bag of popcorn costs ₹48 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹20 to make and Farhan sells it for ₹22. What is the markup in percent?
  15. 15.📉 A price below the cost leads to… (a) a loss (b) free stock (c) a profit (d) break-even
  16. 16.One handmade card costs ₹30 to make and Aarav sells it for ₹33. What is the markup in percent?
  17. 17.One glass of chai costs ₹20 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹40 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹35 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹60 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹50 to make and Ananya sells it for ₹55. What is the markup in percent?
  23. 23.One paper bookmark costs ₹21 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One fruit cup costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹12 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One glass of chai costs ₹33 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹50 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹25 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹25 to make and Farhan sells it for ₹30. What is the markup in percent?
  30. 30.One fruit cup costs ₹20 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One painted pebble costs ₹50 to make and Vihaan sells it for ₹55. What is the markup in percent?
  32. 32.One clay diya costs ₹40 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹16 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One clay diya costs ₹55 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹24 to make and Kavya sells it for ₹48. What is the markup in percent?
  37. 37.One paper bookmark costs ₹44 to make and Tara sells it for ₹66. What is the markup in percent?
  38. 38.One clay diya costs ₹25 to make and Kabir sells it for ₹30. What is the markup in percent?
  39. 39.One fruit cup costs ₹37 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹11 to make and Joseph sells it for ₹22. What is the markup in percent?

Answer key

  1. 25
  2. 64
  3. what buyers will pay
  4. 75
  5. 42
  6. 30
  7. 6
  8. 10 rupees
  9. cost + a markup
  10. 3
  11. 12
  12. 12
  13. 24
  14. 10
  15. a loss
  16. 10
  17. 30
  18. 48
  19. 66
  20. 7
  21. 66
  22. 10
  23. 42
  24. 11
  25. 3
  26. 66
  27. 60
  28. 30
  29. 20
  30. 40
  31. 10
  32. 48
  33. 8
  34. 66
  35. 3
  36. 100
  37. 50
  38. 20
  39. 37
  40. 100

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