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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 843 · 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 cupcake costs ₹40 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One friendship band costs ₹45 to make and Dev sells it for ₹54. What is the markup in percent?
  3. 3.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  4. 4.One clay diya costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  6. 6.One handmade card costs ₹47 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One potted plant costs ₹50 to make and Joseph sells it for ₹55. What is the markup in percent?
  8. 8.One bag of popcorn costs ₹10 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One friendship band costs ₹22 to make and Farhan sells it for ₹44. What is the markup in percent?
  10. 10.One bag of popcorn costs ₹42 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One friendship band costs ₹15 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹48 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One bag of popcorn costs ₹30 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One friendship band costs ₹14 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One paper bookmark costs ₹14 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹30 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One clay diya costs ₹46 to make and Kavya sells it for ₹92. What is the markup in percent?
  18. 18.One paper bookmark costs ₹45 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹58 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One cupcake costs ₹45 to make and Vihaan sells it for ₹54. What is the markup in percent?
  21. 21.One potted plant costs ₹20 to make and Kabir sells it for ₹24. What is the markup in percent?
  22. 22.One cup of lemonade costs ₹45 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One clay diya costs ₹28 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹26 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One clay diya costs ₹50 to make and Lakshmi sells it for ₹75. What is the markup in percent?
  26. 26.One potted plant costs ₹48 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  27. 27.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  28. 28.One bag of popcorn costs ₹27 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One clay diya costs ₹40 to make and Ananya sells it for ₹48. What is the markup in percent?
  30. 30.One potted plant costs ₹60 to make and Dev sells it for ₹72. What is the markup in percent?
  31. 31.One paper bookmark costs ₹12 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One clay diya costs ₹10 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹25 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One cupcake costs ₹41 to make and Kabir sells it for ₹82. What is the markup in percent?
  35. 35.One handmade card costs ₹60 to make and Rohan sells it for ₹66. What is the markup in percent?
  36. 36.One jute bag costs ₹58 to make and Diya sells it for ₹116. What is the markup in percent?
  37. 37.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  38. 38.One handmade card costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹46 to make and Joseph sells it for ₹69. What is the markup in percent?

Answer key

  1. 60
  2. 20
  3. a loss
  4. 44
  5. cost + a markup
  6. 94
  7. 10
  8. 11
  9. 100
  10. 84
  11. 30
  12. 60
  13. 30
  14. 21
  15. 7
  16. 60
  17. 100
  18. 54
  19. 116
  20. 20
  21. 20
  22. 9
  23. 42
  24. 13
  25. 50
  26. 60
  27. 10 rupees
  28. 54
  29. 20
  30. 20
  31. 3
  32. 20
  33. 50
  34. 100
  35. 10
  36. 100
  37. what buyers will pay
  38. 66
  39. 11
  40. 50

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