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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 76 · 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 painted pebble costs ₹28 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  2. 2.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  3. 3.One cup of lemonade costs ₹15 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One fruit cup costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One fruit cup costs ₹60 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One potted plant costs ₹22 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One paper bookmark costs ₹45 to make and Saanvi sells it for ₹54. What is the markup in percent?
  8. 8.One painted pebble costs ₹26 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  10. 10.One painted pebble costs ₹32 to make and Meera sells it for ₹64. What is the markup in percent?
  11. 11.One painted pebble costs ₹50 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One paper bookmark costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  13. 13.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) what buyers will pay (d) the weather only
  14. 14.One clay diya costs ₹26 to make and Farhan sells it for ₹39. What is the markup in percent?
  15. 15.One handmade card costs ₹40 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One cupcake costs ₹16 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One cup of lemonade costs ₹20 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One jute bag costs ₹13 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  19. 19.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  20. 20.One clay diya costs ₹50 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹44 to make and Ananya sells it for ₹66. What is the markup in percent?
  22. 22.One glass of chai costs ₹10 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹40 to make and Riya sells it for ₹50. What is the markup in percent?
  24. 24.One fruit cup costs ₹30 to make and Diya sells it for ₹36. What is the markup in percent?
  25. 25.One paper bookmark costs ₹35 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹55 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹10 to make and Dev sells it for ₹11. What is the markup in percent?
  28. 28.One potted plant costs ₹17 to make and Kavya sells it for ₹34. What is the markup in percent?
  29. 29.One glass of chai costs ₹25 to make and Ishaan sells it for ₹30. What is the markup in percent?
  30. 30.One paper bookmark costs ₹16 to make and Aarav sells it for ₹20. What is the markup in percent?
  31. 31.One handmade card costs ₹56 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹48 to make and Ishaan sells it for ₹60. What is the markup in percent?
  33. 33.One fruit cup costs ₹16 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹46 to make and Meera sells it for ₹69. What is the markup in percent?
  35. 35.One fruit cup costs ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One handmade card costs ₹43 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹25 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One clay diya costs ₹40 to make and Riya sells it for ₹50. What is the markup in percent?
  39. 39.One glass of chai costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One clay diya costs ₹20 to make and Riya sells it for ₹24. What is the markup in percent?

Answer key

  1. 35
  2. a loss
  3. 3
  4. 5
  5. 12
  6. 44
  7. 20
  8. 52
  9. 10 rupees
  10. 100
  11. 75
  12. 22
  13. what buyers will pay
  14. 50
  15. 80
  16. 8
  17. 25
  18. 26
  19. cost + a markup
  20. 55
  21. 50
  22. 12
  23. 25
  24. 20
  25. 42
  26. 11
  27. 10
  28. 100
  29. 20
  30. 25
  31. 112
  32. 25
  33. 24
  34. 50
  35. 66
  36. 43
  37. 5
  38. 25
  39. 3
  40. 20

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