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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 751 · 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 ₹30 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  3. 3.One cupcake costs ₹15 to make and Diya sells it for ₹18. What is the markup in percent?
  4. 4.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  5. 5.One paper bookmark costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  6. 6.One potted plant costs ₹24 to make and Vihaan sells it for ₹30. What is the markup in percent?
  7. 7.One cup of lemonade costs ₹35 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One jute bag costs ₹15 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost + a markup (d) cost − a markup
  11. 11.One cup of lemonade costs ₹60 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One glass of chai costs ₹28 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One potted plant costs ₹11 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One painted pebble costs ₹52 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹32 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  16. 16.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  17. 17.One jute bag costs ₹39 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹50 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One friendship band costs ₹10 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One paper bookmark costs ₹25 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹50 to make and Tara sells it for ₹55. What is the markup in percent?
  22. 22.One paper bookmark costs ₹22 to make and Vihaan sells it for ₹33. What is the markup in percent?
  23. 23.One fruit cup costs ₹54 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One paper bookmark costs ₹60 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One paper bookmark costs ₹25 to make and Farhan sells it for ₹30. What is the markup in percent?
  26. 26.One jute bag costs ₹46 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹46 to make and Zoya sells it for ₹69. What is the markup in percent?
  28. 28.One paper bookmark costs ₹36 to make and Farhan sells it for ₹54. What is the markup in percent?
  29. 29.One glass of chai costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One handmade card costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹55 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  32. 32.One handmade card costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹15 to make and Dev sells it for ₹30. What is the markup in percent?
  34. 34.One clay diya costs ₹14 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹14 to make and Joseph sells it for ₹21. What is the markup in percent?
  36. 36.One glass of chai costs ₹60 to make and Diya sells it for ₹66. What is the markup in percent?
  37. 37.One paper bookmark costs ₹32 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One cup of lemonade costs ₹50 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹40 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹30 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 60
  2. 10 rupees
  3. 20
  4. a loss
  5. 10
  6. 25
  7. 42
  8. 22
  9. 30
  10. cost + a markup
  11. 75
  12. 35
  13. 11
  14. 65
  15. 40
  16. what buyers will pay
  17. 39
  18. 5
  19. 2
  20. 30
  21. 10
  22. 50
  23. 54
  24. 66
  25. 20
  26. 23
  27. 50
  28. 50
  29. 11
  30. 44
  31. 20
  32. 55
  33. 100
  34. 28
  35. 50
  36. 10
  37. 8
  38. 60
  39. 10
  40. 33

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