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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 789 · 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 bag of popcorn costs ₹26 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One clay diya costs ₹47 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One glass of chai costs ₹45 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹10 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One handmade card costs ₹50 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One glass of chai costs ₹36 to make and Gurpreet sells it for ₹54. What is the markup in percent?
  7. 7.One cupcake costs ₹30 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  9. 9.One clay diya costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One painted pebble costs ₹30 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One fruit cup costs ₹10 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One clay diya costs ₹30 to make and Riya sells it for ₹45. What is the markup in percent?
  13. 13.One friendship band costs ₹50 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One bag of popcorn costs ₹54 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One jute bag costs ₹52 to make and Saanvi sells it for ₹65. What is the markup in percent?
  16. 16.One fruit cup costs ₹52 to make and Joseph sells it for ₹65. What is the markup in percent?
  17. 17.One glass of chai costs ₹25 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 20 rupees (d) 5 rupees
  19. 19.One handmade card costs ₹60 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  20. 20.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  21. 21.One glass of chai costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹44 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One potted plant costs ₹30 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One potted plant costs ₹30 to make and Farhan sells it for ₹36. What is the markup in percent?
  25. 25.One clay diya costs ₹50 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹26 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One bag of popcorn costs ₹30 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹52 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹60 to make and Meera sells it for ₹72. What is the markup in percent?
  30. 30.One clay diya costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹30 to make and Lakshmi sells it for ₹36. What is the markup in percent?
  32. 32.One bag of popcorn costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  33. 33.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  34. 34.One paper bookmark costs ₹52 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹50 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One bag of popcorn costs ₹58 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One handmade card costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One paper bookmark costs ₹24 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹40 to make and Saanvi sells it for ₹44. What is the markup in percent?

Answer key

  1. 39
  2. 94
  3. 54
  4. 12
  5. 5
  6. 50
  7. 33
  8. what buyers will pay
  9. 3
  10. 36
  11. 12
  12. 50
  13. 10
  14. 27
  15. 25
  16. 25
  17. 20
  18. 10 rupees
  19. 72
  20. cost + a markup
  21. 66
  22. 11
  23. 3
  24. 20
  25. 100
  26. 52
  27. 45
  28. 65
  29. 20
  30. 33
  31. 20
  32. 11
  33. a loss
  34. 78
  35. 5
  36. 1
  37. 29
  38. 66
  39. 48
  40. 10

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