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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 806 · 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 ₹36 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  3. 3.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  4. 4.One bag of popcorn costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One jute bag costs ₹48 to make and Kabir sells it for ₹72. What is the markup in percent?
  7. 7.One fruit cup costs ₹60 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹45 to make and Nisha sells it for ₹54. What is the markup in percent?
  9. 9.One clay diya costs ₹15 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One cupcake costs ₹12 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One cupcake costs ₹20 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  13. 13.One painted pebble costs ₹20 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One glass of chai costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  15. 15.One paper bookmark costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
  16. 16.One potted plant costs ₹56 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One handmade card costs ₹35 to make and Riya sells it for ₹42. What is the markup in percent?
  18. 18.One fruit cup costs ₹52 to make and Ananya sells it for ₹65. What is the markup in percent?
  19. 19.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  20. 20.One handmade card costs ₹20 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One paper bookmark costs ₹30 to make and Kavya sells it for ₹33. What is the markup in percent?
  23. 23.One handmade card costs ₹28 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One painted pebble costs ₹24 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One handmade card costs ₹50 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹20 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹30 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One paper bookmark costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹32 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹56 to make and Kavya sells it for ₹70. What is the markup in percent?
  31. 31.One painted pebble costs ₹50 to make and Rohan sells it for ₹55. What is the markup in percent?
  32. 32.One fruit cup costs ₹15 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹24 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹16 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹60 to make and Vihaan sells it for ₹90. What is the markup in percent?
  36. 36.One glass of chai costs ₹12 to make and Ishaan sells it for ₹24. What is the markup in percent?
  37. 37.One clay diya costs ₹55 to make and Meera sells it for ₹66. What is the markup in percent?
  38. 38.One clay diya costs ₹30 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹10 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One painted pebble costs ₹10 to make and Farhan sells it for ₹11. What is the markup in percent?

Answer key

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

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