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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 670 · 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 ₹42 to make and Vihaan sells it for ₹84. What is the markup in percent?
  2. 2.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  3. 3.One painted pebble costs ₹20 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One potted plant costs ₹28 to make and Farhan sells it for ₹42. What is the markup in percent?
  5. 5.One handmade card costs ₹25 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One glass of chai costs ₹32 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One clay diya costs ₹28 to make. Kabir adds a 25% 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) 50 rupees (d) 20 rupees
  9. 9.One jute bag costs ₹40 to make and Meera sells it for ₹50. What is the markup in percent?
  10. 10.One clay diya costs ₹52 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.One friendship band costs ₹26 to make and Riya sells it for ₹52. What is the markup in percent?
  12. 12.One cupcake costs ₹40 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One cupcake costs ₹50 to make and Nisha sells it for ₹100. What is the markup in percent?
  14. 14.One cup of lemonade costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One cup of lemonade costs ₹28 to make and Riya sells it for ₹42. What is the markup in percent?
  16. 16.One handmade card costs ₹50 to make and Arjun sells it for ₹55. What is the markup in percent?
  17. 17.One paper bookmark costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹30 to make and Kavya sells it for ₹33. What is the markup in percent?
  19. 19.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
  20. 20.One cup of lemonade costs ₹45 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹20 to make and Tara sells it for ₹25. What is the markup in percent?
  22. 22.One glass of chai costs ₹32 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹48 to make and Saanvi sells it for ₹60. What is the markup in percent?
  24. 24.One potted plant costs ₹30 to make and Aarav sells it for ₹36. What is the markup in percent?
  25. 25.One fruit cup costs ₹44 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹10 to make and Lakshmi sells it for ₹12. What is the markup in percent?
  27. 27.One handmade card costs ₹15 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹40 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹15 to make and Kabir sells it for ₹18. What is the markup in percent?
  30. 30.One friendship band costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹56 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹17 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹36 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹13 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹32 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹40 to make and Farhan sells it for ₹44. What is the markup in percent?
  37. 37.One cupcake costs ₹22 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One fruit cup costs ₹44 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One potted plant costs ₹60 to make and Farhan sells it for ₹72. What is the markup in percent?
  40. 40.One painted pebble costs ₹57 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 100
  2. cost + a markup
  3. 25
  4. 50
  5. 5
  6. 8
  7. 7
  8. 10 rupees
  9. 25
  10. 13
  11. 100
  12. 44
  13. 100
  14. 22
  15. 50
  16. 10
  17. 10
  18. 10
  19. a loss
  20. 54
  21. 25
  22. 40
  23. 25
  24. 20
  25. 55
  26. 20
  27. 18
  28. 10
  29. 20
  30. 33
  31. 84
  32. 34
  33. 54
  34. 26
  35. 40
  36. 10
  37. 11
  38. 44
  39. 20
  40. 114

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