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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 845 · 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 ₹40 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One cup of lemonade costs ₹28 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One cup of lemonade costs ₹38 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One fruit cup costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One bag of popcorn costs ₹20 to make and Arjun sells it for ₹25. What is the markup in percent?
  6. 6.One painted pebble costs ₹52 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹40 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One potted plant costs ₹12 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One glass of chai costs ₹47 to make and Ishaan sells it for ₹94. What is the markup in percent?
  10. 10.One clay diya costs ₹48 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  11. 11.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  12. 12.One fruit cup costs ₹41 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹56 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹15 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  15. 15.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  16. 16.One potted plant costs ₹28 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One fruit cup costs ₹28 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One bag of popcorn costs ₹60 to make and Joseph sells it for ₹66. What is the markup in percent?
  19. 19.One clay diya costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹55 to make and Meera sells it for ₹66. What is the markup in percent?
  21. 21.One handmade card costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹60 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One friendship band costs ₹44 to make and Lakshmi sells it for ₹55. What is the markup in percent?
  24. 24.One handmade card costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
  25. 25.One paper bookmark costs ₹55 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One potted plant costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  27. 27.One potted plant costs ₹40 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹34 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One potted plant costs ₹60 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One clay diya costs ₹48 to make and Ananya sells it for ₹60. What is the markup in percent?
  31. 31.One painted pebble costs ₹20 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹50 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One cup of lemonade costs ₹52 to make and Zoya sells it for ₹65. What is the markup in percent?
  34. 34.One bag of popcorn costs ₹30 to make and Meera sells it for ₹60. What is the markup in percent?
  35. 35.One friendship band costs ₹40 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) the weather only (d) what buyers will pay
  37. 37.One friendship band costs ₹55 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One painted pebble costs ₹21 to make and Meera sells it for ₹42. What is the markup in percent?
  39. 39.One paper bookmark costs ₹28 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹54 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 4
  2. 35
  3. 38
  4. 6
  5. 25
  6. 52
  7. 4
  8. 24
  9. 100
  10. 96
  11. a loss
  12. 82
  13. 84
  14. 18
  15. cost + a markup
  16. 35
  17. 35
  18. 10
  19. 42
  20. 20
  21. 42
  22. 72
  23. 25
  24. 10
  25. 11
  26. 10
  27. 8
  28. 34
  29. 15
  30. 25
  31. 40
  32. 5
  33. 25
  34. 100
  35. 4
  36. what buyers will pay
  37. 11
  38. 100
  39. 35
  40. 27

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