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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 735 · 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 ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹20 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  4. 4.One glass of chai costs ₹60 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹55 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.One bag of popcorn costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One cup of lemonade costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹45 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹14 to make and Kavya sells it for ₹21. What is the markup in percent?
  10. 10.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  11. 11.One handmade card costs ₹14 to make and Farhan sells it for ₹28. What is the markup in percent?
  12. 12.One cupcake costs ₹36 to make and Kavya sells it for ₹45. What is the markup in percent?
  13. 13.One painted pebble costs ₹22 to make and Zoya sells it for ₹33. What is the markup in percent?
  14. 14.One paper bookmark costs ₹55 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One clay diya costs ₹40 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One clay diya costs ₹40 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹30 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹49 to make and Meera sells it for ₹98. What is the markup in percent?
  19. 19.One paper bookmark costs ₹15 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One jute bag costs ₹16 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹10 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One friendship band costs ₹38 to make and Riya sells it for ₹76. What is the markup in percent?
  23. 23.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  24. 24.One paper bookmark costs ₹31 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹20 to make and Saanvi sells it for ₹25. What is the markup in percent?
  26. 26.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  27. 27.One friendship band costs ₹56 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹56 to make and Zoya sells it for ₹84. What is the markup in percent?
  29. 29.One paper bookmark costs ₹58 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹12 to make and Arjun sells it for ₹24. What is the markup in percent?
  31. 31.One friendship band costs ₹50 to make and Arjun sells it for ₹55. What is the markup in percent?
  32. 32.One paper bookmark costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  33. 33.One painted pebble costs ₹35 to make and Tara sells it for ₹42. What is the markup in percent?
  34. 34.One clay diya costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹21 to make and Farhan sells it for ₹42. What is the markup in percent?
  36. 36.One paper bookmark costs ₹40 to make and Zoya sells it for ₹44. What is the markup in percent?
  37. 37.One paper bookmark costs ₹60 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One potted plant costs ₹44 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One jute bag costs ₹25 to make and Meera sells it for ₹30. What is the markup in percent?
  40. 40.One jute bag costs ₹12 to make. Diya adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 44
  2. 30
  3. cost + a markup
  4. 72
  5. 55
  6. 33
  7. 66
  8. 54
  9. 50
  10. a loss
  11. 100
  12. 25
  13. 50
  14. 11
  15. 4
  16. 4
  17. 36
  18. 100
  19. 18
  20. 4
  21. 2
  22. 100
  23. 10 rupees
  24. 62
  25. 25
  26. what buyers will pay
  27. 112
  28. 50
  29. 87
  30. 100
  31. 10
  32. 10
  33. 20
  34. 44
  35. 100
  36. 10
  37. 6
  38. 44
  39. 20
  40. 18

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