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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 875 · 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 ₹52 to make and Vihaan sells it for ₹65. What is the markup in percent?
  2. 2.One fruit cup costs ₹54 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  4. 4.One paper bookmark costs ₹40 to make and Arjun sells it for ₹50. What is the markup in percent?
  5. 5.One painted pebble costs ₹36 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One handmade card costs ₹40 to make and Aarav sells it for ₹80. What is the markup in percent?
  7. 7.One cup of lemonade costs ₹50 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One cup of lemonade costs ₹45 to make and Diya sells it for ₹54. What is the markup in percent?
  9. 9.One fruit cup costs ₹40 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One jute bag costs ₹36 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  11. 11.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  13. 13.One cupcake costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One jute bag costs ₹48 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One cupcake costs ₹11 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One friendship band costs ₹43 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  18. 18.One bag of popcorn costs ₹12 to make and Rohan sells it for ₹18. What is the markup in percent?
  19. 19.One fruit cup costs ₹20 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One potted plant costs ₹16 to make and Kabir sells it for ₹20. What is the markup in percent?
  21. 21.One bag of popcorn costs ₹30 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹40 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One potted plant costs ₹60 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One potted plant costs ₹50 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One cupcake costs ₹44 to make and Nisha sells it for ₹55. What is the markup in percent?
  26. 26.One potted plant costs ₹38 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹30 to make and Diya sells it for ₹36. What is the markup in percent?
  28. 28.One bag of popcorn costs ₹58 to make and Meera sells it for ₹87. What is the markup in percent?
  29. 29.One jute bag costs ₹30 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹60 to make and Ishaan sells it for ₹66. What is the markup in percent?
  31. 31.One paper bookmark costs ₹60 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One jute bag costs ₹34 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One fruit cup costs ₹40 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One cupcake costs ₹23 to make and Aarav sells it for ₹46. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹55 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹48 to make and Lakshmi sells it for ₹60. What is the markup in percent?
  37. 37.One glass of chai costs ₹50 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹28 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One cupcake costs ₹52 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹60 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 25
  2. 81
  3. what buyers will pay
  4. 25
  5. 9
  6. 100
  7. 5
  8. 20
  9. 48
  10. 45
  11. cost + a markup
  12. 10 rupees
  13. 6
  14. 48
  15. 11
  16. 43
  17. a loss
  18. 50
  19. 30
  20. 25
  21. 3
  22. 4
  23. 12
  24. 60
  25. 25
  26. 57
  27. 20
  28. 50
  29. 45
  30. 10
  31. 6
  32. 17
  33. 60
  34. 100
  35. 11
  36. 25
  37. 55
  38. 7
  39. 78
  40. 6

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