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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 792 · 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 ₹42 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One jute bag costs ₹44 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One handmade card costs ₹24 to make and Gurpreet sells it for ₹30. What is the markup in percent?
  4. 4.One clay diya costs ₹20 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One jute bag costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  8. 8.One handmade card costs ₹28 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One handmade card costs ₹20 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One painted pebble costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One glass of chai costs ₹55 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One fruit cup costs ₹30 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹58 to make and Arjun sells it for ₹116. What is the markup in percent?
  14. 14.One cupcake costs ₹40 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One bag of popcorn costs ₹30 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One painted pebble costs ₹60 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹38 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹56 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  19. 19.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) the weather only (d) nothing else
  20. 20.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
  21. 21.One glass of chai costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One bag of popcorn costs ₹20 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One cupcake costs ₹52 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One fruit cup costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One paper bookmark costs ₹20 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One cup of lemonade costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹60 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹24 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹30 to make and Farhan sells it for ₹60. What is the markup in percent?
  30. 30.One bag of popcorn costs ₹30 to make and Riya sells it for ₹36. What is the markup in percent?
  31. 31.One clay diya costs ₹24 to make and Arjun sells it for ₹48. What is the markup in percent?
  32. 32.One handmade card costs ₹32 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹40 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One bag of popcorn costs ₹28 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One clay diya costs ₹50 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹45 to make and Riya sells it for ₹54. What is the markup in percent?
  38. 38.One fruit cup costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹20 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹60 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 21
  2. 11
  3. 25
  4. 25
  5. 22
  6. cost + a markup
  7. 10 rupees
  8. 42
  9. 22
  10. 4
  11. 11
  12. 36
  13. 100
  14. 48
  15. 36
  16. 72
  17. 76
  18. 112
  19. what buyers will pay
  20. a loss
  21. 11
  22. 2
  23. 13
  24. 55
  25. 2
  26. 11
  27. 6
  28. 48
  29. 100
  30. 20
  31. 100
  32. 64
  33. 50
  34. 3
  35. 42
  36. 10
  37. 20
  38. 2
  39. 5
  40. 90

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