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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 830 · 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 ₹26 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One potted plant costs ₹52 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  4. 4.One friendship band costs ₹44 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One handmade card costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One glass of chai costs ₹28 to make and Vihaan sells it for ₹35. What is the markup in percent?
  7. 7.One cupcake costs ₹21 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One clay diya costs ₹16 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  10. 10.One cup of lemonade costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  11. 11.One bag of popcorn costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?
  12. 12.One handmade card costs ₹48 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One jute bag costs ₹14 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One paper bookmark costs ₹40 to make and Saanvi sells it for ₹48. What is the markup in percent?
  15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  16. 16.One potted plant costs ₹12 to make and Joseph sells it for ₹18. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹50 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹56 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One fruit cup costs ₹16 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  20. 20.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  21. 21.One friendship band costs ₹50 to make and Dev sells it for ₹75. What is the markup in percent?
  22. 22.One cup of lemonade costs ₹14 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One handmade card costs ₹30 to make and Kabir sells it for ₹45. What is the markup in percent?
  24. 24.One glass of chai costs ₹20 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹44 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One jute bag costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  27. 27.One painted pebble costs ₹36 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One painted pebble costs ₹10 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹51 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One potted plant costs ₹50 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One potted plant costs ₹27 to make and Ananya sells it for ₹54. What is the markup in percent?
  32. 32.One clay diya costs ₹15 to make and Nisha sells it for ₹18. What is the markup in percent?
  33. 33.One cup of lemonade costs ₹20 to make and Arjun sells it for ₹30. What is the markup in percent?
  34. 34.One paper bookmark costs ₹15 to make and Tara sells it for ₹18. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹16 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹38 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹60 to make and Saanvi sells it for ₹66. What is the markup in percent?
  38. 38.One cup of lemonade costs ₹44 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  39. 39.One jute bag costs ₹38 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹54 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 13
  2. 13
  3. cost + a markup
  4. 66
  5. 1
  6. 25
  7. 42
  8. 4
  9. a loss
  10. 10
  11. 10
  12. 60
  13. 28
  14. 20
  15. 10 rupees
  16. 50
  17. 60
  18. 14
  19. 32
  20. what buyers will pay
  21. 50
  22. 28
  23. 50
  24. 25
  25. 11
  26. 10
  27. 45
  28. 2
  29. 51
  30. 5
  31. 100
  32. 20
  33. 50
  34. 20
  35. 24
  36. 57
  37. 10
  38. 50
  39. 76
  40. 27

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