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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 783 · 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 friendship band costs ₹40 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹40 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One painted pebble costs ₹40 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  4. 4.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  5. 5.One glass of chai costs ₹22 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  7. 7.One friendship band costs ₹30 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹60 to make and Ishaan sells it for ₹66. What is the markup in percent?
  9. 9.One cup of lemonade costs ₹15 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One painted pebble costs ₹58 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One painted pebble costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One jute bag costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One friendship band costs ₹45 to make and Vihaan sells it for ₹54. What is the markup in percent?
  14. 14.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  15. 15.One bag of popcorn costs ₹22 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹50 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One friendship band costs ₹38 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹48 to make and Gurpreet sells it for ₹60. What is the markup in percent?
  19. 19.One clay diya costs ₹50 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹20 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  21. 21.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  22. 22.One glass of chai costs ₹26 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One fruit cup costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹13 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One jute bag costs ₹60 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One handmade card costs ₹36 to make and Diya sells it for ₹45. What is the markup in percent?
  28. 28.One handmade card costs ₹25 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹36 to make and Gurpreet sells it for ₹45. What is the markup in percent?
  30. 30.One fruit cup costs ₹56 to make and Farhan sells it for ₹70. What is the markup in percent?
  31. 31.One paper bookmark costs ₹44 to make and Dev sells it for ₹66. What is the markup in percent?
  32. 32.One paper bookmark costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹26 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹26 to make and Joseph sells it for ₹39. What is the markup in percent?
  35. 35.One handmade card costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹30 to make and Aarav sells it for ₹45. What is the markup in percent?
  37. 37.One cupcake costs ₹37 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹12 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One glass of chai costs ₹35 to make and Kavya sells it for ₹70. What is the markup in percent?
  40. 40.One friendship band costs ₹15 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 60
  2. 80
  3. 44
  4. what buyers will pay
  5. 33
  6. 10 rupees
  7. 36
  8. 10
  9. 18
  10. 87
  11. 4
  12. 3
  13. 20
  14. a loss
  15. 11
  16. 50
  17. 19
  18. 25
  19. 55
  20. 22
  21. cost + a markup
  22. 39
  23. 3
  24. 66
  25. 26
  26. 12
  27. 25
  28. 30
  29. 25
  30. 25
  31. 50
  32. 2
  33. 26
  34. 50
  35. 44
  36. 50
  37. 74
  38. 3
  39. 100
  40. 18

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