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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 88 · 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 potted plant costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹10 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  4. 4.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  5. 5.One cupcake costs ₹32 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One bag of popcorn costs ₹16 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One fruit cup costs ₹60 to make and Meera sells it for ₹90. What is the markup in percent?
  8. 8.One bag of popcorn costs ₹60 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹20 to make and Ishaan sells it for ₹25. What is the markup in percent?
  10. 10.One painted pebble costs ₹32 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  12. 12.One potted plant costs ₹39 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹39 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One cupcake costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹30 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  16. 16.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  17. 17.One fruit cup costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  18. 18.One handmade card costs ₹60 to make and Diya sells it for ₹75. What is the markup in percent?
  19. 19.One cup of lemonade costs ₹56 to make and Farhan sells it for ₹84. What is the markup in percent?
  20. 20.One friendship band costs ₹10 to make and Rohan sells it for ₹20. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹55 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹40 to make and Farhan sells it for ₹44. What is the markup in percent?
  23. 23.One cup of lemonade costs ₹30 to make and Farhan sells it for ₹45. What is the markup in percent?
  24. 24.One potted plant costs ₹16 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹28 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹24 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹10 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One paper bookmark costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹12 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One paper bookmark costs ₹50 to make and Aarav sells it for ₹75. What is the markup in percent?
  32. 32.One glass of chai costs ₹10 to make and Vihaan sells it for ₹12. What is the markup in percent?
  33. 33.One fruit cup costs ₹26 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹20 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One cupcake costs ₹60 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹52 to make and Joseph sells it for ₹78. What is the markup in percent?
  37. 37.One friendship band costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  38. 38.One fruit cup costs ₹10 to make and Farhan sells it for ₹12. What is the markup in percent?
  39. 39.One handmade card costs ₹50 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One cupcake costs ₹50 to make and Nisha sells it for ₹75. What is the markup in percent?

Answer key

  1. 1
  2. 12
  3. what buyers will pay
  4. cost + a markup
  5. 40
  6. 16
  7. 50
  8. 72
  9. 25
  10. 40
  11. 10 rupees
  12. 39
  13. 78
  14. 22
  15. 36
  16. a loss
  17. 10
  18. 25
  19. 50
  20. 100
  21. 110
  22. 10
  23. 50
  24. 4
  25. 35
  26. 48
  27. 1
  28. 33
  29. 33
  30. 6
  31. 50
  32. 20
  33. 26
  34. 4
  35. 75
  36. 50
  37. 20
  38. 20
  39. 55
  40. 50

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