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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 805 · 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 fruit cup costs ₹48 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹28 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One potted plant costs ₹28 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One potted plant costs ₹50 to make and Diya sells it for ₹60. What is the markup in percent?
  5. 5.One clay diya costs ₹25 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One potted plant costs ₹40 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One glass of chai costs ₹60 to make and Saanvi sells it for ₹66. What is the markup in percent?
  8. 8.One painted pebble costs ₹25 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) nothing else (d) the weather only
  10. 10.One cup of lemonade costs ₹13 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One clay diya costs ₹56 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹30 to make and Arjun sells it for ₹33. What is the markup in percent?
  13. 13.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  14. 14.One paper bookmark costs ₹60 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  16. 16.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  17. 17.One bag of popcorn costs ₹14 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One potted plant costs ₹35 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One glass of chai costs ₹39 to make and Joseph sells it for ₹78. What is the markup in percent?
  20. 20.One painted pebble costs ₹60 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One handmade card costs ₹18 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹16 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹48 to make and Zoya sells it for ₹72. What is the markup in percent?
  24. 24.One painted pebble costs ₹26 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹44 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One painted pebble costs ₹12 to make and Kabir sells it for ₹15. What is the markup in percent?
  27. 27.One bag of popcorn costs ₹12 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹50 to make and Gurpreet sells it for ₹55. What is the markup in percent?
  29. 29.One glass of chai costs ₹24 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One cupcake costs ₹24 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹35 to make and Zoya sells it for ₹42. What is the markup in percent?
  32. 32.One handmade card costs ₹10 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹40 to make and Meera sells it for ₹44. What is the markup in percent?
  34. 34.One glass of chai costs ₹38 to make and Aarav sells it for ₹57. What is the markup in percent?
  35. 35.One friendship band costs ₹60 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹30 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹14 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One handmade card costs ₹60 to make and Zoya sells it for ₹90. What is the markup in percent?
  39. 39.One jute bag costs ₹30 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹15 to make and Vihaan sells it for ₹18. What is the markup in percent?

Answer key

  1. 12
  2. 7
  3. 56
  4. 20
  5. 30
  6. 50
  7. 10
  8. 30
  9. what buyers will pay
  10. 26
  11. 112
  12. 10
  13. a loss
  14. 72
  15. 10 rupees
  16. cost + a markup
  17. 7
  18. 42
  19. 100
  20. 6
  21. 27
  22. 32
  23. 50
  24. 39
  25. 22
  26. 25
  27. 6
  28. 10
  29. 30
  30. 30
  31. 20
  32. 12
  33. 10
  34. 50
  35. 66
  36. 36
  37. 7
  38. 50
  39. 33
  40. 20

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