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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 713 · 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 ₹20 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One cup of lemonade costs ₹34 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  4. 4.One bag of popcorn costs ₹16 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹35 to make and Rohan sells it for ₹42. What is the markup in percent?
  6. 6.One friendship band costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  7. 7.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  8. 8.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  9. 9.One clay diya costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One fruit cup costs ₹44 to make and Tara sells it for ₹55. What is the markup in percent?
  11. 11.One handmade card costs ₹20 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹18 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One cup of lemonade costs ₹26 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One fruit cup costs ₹50 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹30 to make and Kavya sells it for ₹33. What is the markup in percent?
  16. 16.One handmade card costs ₹40 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One cupcake costs ₹10 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹55 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹20 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹50 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹13 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹12 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One paper bookmark costs ₹44 to make and Nisha sells it for ₹66. What is the markup in percent?
  24. 24.One cup of lemonade costs ₹12 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹12 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One fruit cup costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One glass of chai costs ₹44 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  29. 29.One painted pebble costs ₹34 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One bag of popcorn costs ₹31 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹40 to make and Ananya sells it for ₹60. What is the markup in percent?
  32. 32.One clay diya costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One painted pebble costs ₹30 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One painted pebble costs ₹36 to make and Dev sells it for ₹45. What is the markup in percent?
  35. 35.One fruit cup costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One friendship band costs ₹50 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  38. 38.One cupcake costs ₹10 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹52 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹50 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 17
  3. 10 rupees
  4. 32
  5. 20
  6. 44
  7. a loss
  8. what buyers will pay
  9. 11
  10. 25
  11. 24
  12. 9
  13. 39
  14. 60
  15. 10
  16. 48
  17. 20
  18. 66
  19. 2
  20. 50
  21. 26
  22. 6
  23. 50
  24. 18
  25. 6
  26. 6
  27. 11
  28. 10
  29. 17
  30. 62
  31. 50
  32. 11
  33. 6
  34. 25
  35. 1
  36. 5
  37. cost + a markup
  38. 1
  39. 65
  40. 55

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