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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 821 · 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 paper bookmark costs ₹55 to make and Rohan sells it for ₹66. What is the markup in percent?
  2. 2.One fruit cup costs ₹30 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One cupcake costs ₹34 to make and Diya sells it for ₹68. What is the markup in percent?
  4. 4.One painted pebble costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  6. 6.One potted plant costs ₹20 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One fruit cup costs ₹11 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One cup of lemonade costs ₹56 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One friendship band costs ₹50 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One friendship band costs ₹44 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹18 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  13. 13.One paper bookmark costs ₹32 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  14. 14.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  15. 15.One glass of chai costs ₹20 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One cupcake costs ₹16 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One jute bag costs ₹55 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹45 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹12 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹60 to make and Meera sells it for ₹72. What is the markup in percent?
  21. 21.One painted pebble costs ₹40 to make and Riya sells it for ₹80. What is the markup in percent?
  22. 22.One fruit cup costs ₹30 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹20 to make and Joseph sells it for ₹25. What is the markup in percent?
  24. 24.One potted plant costs ₹54 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One handmade card costs ₹17 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One cup of lemonade costs ₹20 to make and Joseph sells it for ₹25. What is the markup in percent?
  27. 27.One potted plant costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  28. 28.One potted plant costs ₹18 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  29. 29.📉 A price below the cost leads to… (a) a loss (b) free stock (c) a profit (d) break-even
  30. 30.One painted pebble costs ₹12 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One paper bookmark costs ₹28 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One glass of chai costs ₹24 to make and Rohan sells it for ₹30. What is the markup in percent?
  33. 33.One handmade card costs ₹52 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹18 to make and Ishaan sells it for ₹36. What is the markup in percent?
  35. 35.One cupcake costs ₹32 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹24 to make and Saanvi sells it for ₹36. What is the markup in percent?
  37. 37.One painted pebble costs ₹26 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One cup of lemonade costs ₹24 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹40 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One handmade card costs ₹20 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 20
  2. 15
  3. 100
  4. 44
  5. what buyers will pay
  6. 20
  7. 22
  8. 112
  9. 75
  10. 55
  11. 27
  12. 10 rupees
  13. 40
  14. cost + a markup
  15. 24
  16. 20
  17. 110
  18. 9
  19. 3
  20. 20
  21. 100
  22. 3
  23. 25
  24. 108
  25. 17
  26. 25
  27. 10
  28. 27
  29. a loss
  30. 3
  31. 42
  32. 25
  33. 13
  34. 100
  35. 48
  36. 50
  37. 26
  38. 30
  39. 44
  40. 22

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