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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 660 · 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 ₹32 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  3. 3.One bag of popcorn costs ₹16 to make and Lakshmi sells it for ₹20. What is the markup in percent?
  4. 4.One painted pebble costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One bag of popcorn costs ₹18 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost + a markup (d) cost − a markup
  7. 7.One cupcake costs ₹50 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One clay diya costs ₹48 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹60 to make and Farhan sells it for ₹66. What is the markup in percent?
  10. 10.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  11. 11.One paper bookmark costs ₹50 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One fruit cup costs ₹42 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹20 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹24 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One paper bookmark costs ₹40 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹55 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One clay diya costs ₹50 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One glass of chai costs ₹52 to make and Zoya sells it for ₹104. What is the markup in percent?
  19. 19.One cup of lemonade costs ₹32 to make and Riya sells it for ₹48. What is the markup in percent?
  20. 20.One jute bag costs ₹42 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One glass of chai costs ₹15 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹38 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 20 rupees (d) 50 rupees
  24. 24.One potted plant costs ₹12 to make and Kabir sells it for ₹15. What is the markup in percent?
  25. 25.One cup of lemonade costs ₹36 to make and Tara sells it for ₹54. What is the markup in percent?
  26. 26.One fruit cup costs ₹43 to make and Saanvi sells it for ₹86. What is the markup in percent?
  27. 27.One jute bag costs ₹58 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One cup of lemonade costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One clay diya costs ₹50 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One potted plant costs ₹59 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One potted plant costs ₹20 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹44 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One friendship band costs ₹16 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹44 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹50 to make and Vihaan sells it for ₹60. What is the markup in percent?
  37. 37.One handmade card costs ₹20 to make and Arjun sells it for ₹30. What is the markup in percent?
  38. 38.One paper bookmark costs ₹49 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹28 to make and Meera sells it for ₹35. What is the markup in percent?
  40. 40.One paper bookmark costs ₹16 to make. Meera adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 32
  2. a loss
  3. 25
  4. 22
  5. 9
  6. cost + a markup
  7. 55
  8. 60
  9. 10
  10. what buyers will pay
  11. 60
  12. 21
  13. 4
  14. 30
  15. 48
  16. 11
  17. 25
  18. 100
  19. 50
  20. 21
  21. 18
  22. 19
  23. 10 rupees
  24. 25
  25. 50
  26. 100
  27. 87
  28. 3
  29. 22
  30. 55
  31. 118
  32. 4
  33. 22
  34. 20
  35. 88
  36. 20
  37. 50
  38. 98
  39. 25
  40. 20

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