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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 666 · 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 ₹44 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹44 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹20 to make and Kabir sells it for ₹22. What is the markup in percent?
  4. 4.One paper bookmark costs ₹30 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One friendship band costs ₹12 to make and Diya sells it for ₹15. What is the markup in percent?
  6. 6.One painted pebble costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One handmade card costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One paper bookmark costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  9. 9.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  10. 10.One fruit cup costs ₹26 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹56 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One jute bag costs ₹13 to make and Arjun sells it for ₹26. What is the markup in percent?
  13. 13.One cupcake costs ₹15 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹40 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹52 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹56 to make and Farhan sells it for ₹84. What is the markup in percent?
  17. 17.One glass of chai costs ₹53 to make and Zoya sells it for ₹106. What is the markup in percent?
  18. 18.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  19. 19.One bag of popcorn costs ₹50 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹31 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One potted plant costs ₹55 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One friendship band costs ₹60 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹38 to make and Diya sells it for ₹57. What is the markup in percent?
  24. 24.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  25. 25.One potted plant costs ₹10 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹32 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One handmade card costs ₹33 to make and Ishaan sells it for ₹66. What is the markup in percent?
  28. 28.One glass of chai costs ₹60 to make and Joseph sells it for ₹66. What is the markup in percent?
  29. 29.One jute bag costs ₹22 to make and Aarav sells it for ₹33. What is the markup in percent?
  30. 30.One paper bookmark costs ₹53 to make and Rohan sells it for ₹106. What is the markup in percent?
  31. 31.One glass of chai costs ₹16 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹16 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹45 to make and Ananya sells it for ₹54. What is the markup in percent?
  34. 34.One jute bag costs ₹55 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹32 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹15 to make and Tara sells it for ₹18. What is the markup in percent?
  37. 37.One cupcake costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹24 to make and Farhan sells it for ₹30. What is the markup in percent?
  39. 39.One cupcake costs ₹12 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹30 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 66
  2. 88
  3. 10
  4. 3
  5. 25
  6. 66
  7. 2
  8. 15
  9. cost + a markup
  10. 39
  11. 14
  12. 100
  13. 30
  14. 50
  15. 65
  16. 50
  17. 100
  18. what buyers will pay
  19. 55
  20. 62
  21. 11
  22. 6
  23. 50
  24. 10 rupees
  25. 12
  26. 8
  27. 100
  28. 10
  29. 50
  30. 100
  31. 20
  32. 20
  33. 20
  34. 66
  35. 40
  36. 20
  37. 11
  38. 25
  39. 18
  40. 33

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