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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 778 · 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 jute bag costs ₹40 to make and Tara sells it for ₹48. What is the markup in percent?
  2. 2.One cup of lemonade costs ₹30 to make and Vihaan sells it for ₹33. What is the markup in percent?
  3. 3.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost − a markup (d) cost + a markup
  4. 4.One handmade card costs ₹17 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One clay diya costs ₹32 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One painted pebble costs ₹26 to make and Kabir sells it for ₹39. What is the markup in percent?
  7. 7.One fruit cup costs ₹30 to make and Rohan sells it for ₹33. What is the markup in percent?
  8. 8.One bag of popcorn costs ₹60 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One paper bookmark costs ₹36 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  12. 12.One cupcake costs ₹20 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One glass of chai costs ₹40 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One handmade card costs ₹10 to make and Zoya sells it for ₹12. What is the markup in percent?
  15. 15.One handmade card costs ₹24 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One painted pebble costs ₹53 to make and Ishaan sells it for ₹106. What is the markup in percent?
  17. 17.One clay diya costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹14 to make and Vihaan sells it for ₹21. What is the markup in percent?
  19. 19.One cupcake costs ₹40 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  21. 21.One clay diya costs ₹32 to make and Ananya sells it for ₹40. What is the markup in percent?
  22. 22.One clay diya costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹46 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹35 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  26. 26.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
  27. 27.One bag of popcorn costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  28. 28.One paper bookmark costs ₹50 to make and Riya sells it for ₹100. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹30 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One friendship band costs ₹56 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹17 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹52 to make and Gurpreet sells it for ₹104. What is the markup in percent?
  33. 33.One cupcake costs ₹10 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹12 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹56 to make and Ananya sells it for ₹84. What is the markup in percent?
  36. 36.One clay diya costs ₹55 to make and Kabir sells it for ₹66. What is the markup in percent?
  37. 37.One friendship band costs ₹38 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One potted plant costs ₹40 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹45 to make and Vihaan sells it for ₹90. What is the markup in percent?
  40. 40.One glass of chai costs ₹40 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 20
  2. 10
  3. cost + a markup
  4. 17
  5. 48
  6. 50
  7. 10
  8. 66
  9. 11
  10. 9
  11. 10 rupees
  12. 25
  13. 44
  14. 20
  15. 6
  16. 100
  17. 10
  18. 50
  19. 4
  20. what buyers will pay
  21. 25
  22. 6
  23. 69
  24. 35
  25. 10
  26. a loss
  27. 10
  28. 100
  29. 3
  30. 14
  31. 34
  32. 100
  33. 15
  34. 3
  35. 50
  36. 20
  37. 76
  38. 44
  39. 100
  40. 10

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