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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 66 · 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 ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One handmade card costs ₹45 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One cupcake costs ₹15 to make and Ananya sells it for ₹18. What is the markup in percent?
  4. 4.One cup of lemonade costs ₹16 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  6. 6.One glass of chai costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One paper bookmark costs ₹10 to make and Lakshmi sells it for ₹11. What is the markup in percent?
  8. 8.One clay diya costs ₹17 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One bag of popcorn costs ₹40 to make and Kabir sells it for ₹48. What is the markup in percent?
  10. 10.One handmade card costs ₹12 to make and Aarav sells it for ₹15. What is the markup in percent?
  11. 11.One friendship band costs ₹26 to make and Joseph sells it for ₹39. What is the markup in percent?
  12. 12.One paper bookmark costs ₹60 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One cup of lemonade costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One bag of popcorn costs ₹10 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  18. 18.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  19. 19.One paper bookmark costs ₹28 to make and Ananya sells it for ₹56. What is the markup in percent?
  20. 20.One clay diya costs ₹35 to make and Ananya sells it for ₹42. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹50 to make and Saanvi sells it for ₹60. What is the markup in percent?
  22. 22.One glass of chai costs ₹55 to make and Vihaan sells it for ₹66. What is the markup in percent?
  23. 23.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  24. 24.One bag of popcorn costs ₹10 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹60 to make and Kabir sells it for ₹66. What is the markup in percent?
  27. 27.One glass of chai costs ₹15 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹58 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One bag of popcorn costs ₹28 to make and Gurpreet sells it for ₹42. What is the markup in percent?
  30. 30.One painted pebble costs ₹60 to make and Rohan sells it for ₹66. What is the markup in percent?
  31. 31.One fruit cup costs ₹24 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹22 to make and Vihaan sells it for ₹33. What is the markup in percent?
  33. 33.One paper bookmark costs ₹44 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹41 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One cupcake costs ₹10 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One clay diya costs ₹38 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹48 to make and Arjun sells it for ₹60. What is the markup in percent?
  39. 39.One jute bag costs ₹12 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One cup of lemonade costs ₹60 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 2
  2. 54
  3. 20
  4. 16
  5. what buyers will pay
  6. 11
  7. 10
  8. 17
  9. 20
  10. 25
  11. 50
  12. 72
  13. 2
  14. 1
  15. 2
  16. 48
  17. 55
  18. a loss
  19. 100
  20. 20
  21. 20
  22. 20
  23. 10 rupees
  24. 12
  25. 22
  26. 10
  27. 18
  28. 58
  29. 50
  30. 10
  31. 30
  32. 50
  33. 11
  34. 11
  35. 41
  36. 2
  37. 57
  38. 25
  39. 3
  40. 6

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