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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 903 · 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 friendship band costs ₹14 to make and Arjun sells it for ₹21. What is the markup in percent?
  2. 2.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  3. 3.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  4. 4.One cupcake costs ₹20 to make and Ishaan sells it for ₹40. What is the markup in percent?
  5. 5.One bag of popcorn costs ₹25 to make and Ananya sells it for ₹30. What is the markup in percent?
  6. 6.One handmade card costs ₹60 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  8. 8.One cup of lemonade costs ₹30 to make and Saanvi sells it for ₹45. What is the markup in percent?
  9. 9.One bag of popcorn costs ₹40 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One potted plant costs ₹34 to make and Kavya sells it for ₹51. What is the markup in percent?
  11. 11.One cupcake costs ₹50 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹10 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹40 to make and Meera sells it for ₹44. What is the markup in percent?
  14. 14.One clay diya costs ₹42 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One glass of chai costs ₹20 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One jute bag costs ₹20 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹60 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One cup of lemonade costs ₹23 to make and Zoya sells it for ₹46. What is the markup in percent?
  20. 20.One friendship band costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One fruit cup costs ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹20 to make and Farhan sells it for ₹24. What is the markup in percent?
  24. 24.One clay diya costs ₹60 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹37 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One potted plant costs ₹47 to make and Joseph sells it for ₹94. What is the markup in percent?
  27. 27.One handmade card costs ₹46 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One fruit cup costs ₹40 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹15 to make and Nisha sells it for ₹30. What is the markup in percent?
  30. 30.One glass of chai costs ₹20 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹51 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One cup of lemonade costs ₹12 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  34. 34.One handmade card costs ₹60 to make and Kavya sells it for ₹66. What is the markup in percent?
  35. 35.One glass of chai costs ₹54 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹18 to make and Joseph sells it for ₹36. What is the markup in percent?
  37. 37.One potted plant costs ₹30 to make and Diya sells it for ₹36. What is the markup in percent?
  38. 38.One friendship band costs ₹16 to make and Ananya sells it for ₹20. What is the markup in percent?
  39. 39.One painted pebble costs ₹44 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One handmade card costs ₹60 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. a loss
  3. what buyers will pay
  4. 100
  5. 20
  6. 12
  7. cost + a markup
  8. 50
  9. 50
  10. 50
  11. 55
  12. 12
  13. 10
  14. 63
  15. 33
  16. 40
  17. 30
  18. 15
  19. 100
  20. 66
  21. 6
  22. 6
  23. 20
  24. 66
  25. 74
  26. 100
  27. 23
  28. 50
  29. 100
  30. 40
  31. 51
  32. 6
  33. 10 rupees
  34. 10
  35. 81
  36. 100
  37. 20
  38. 25
  39. 55
  40. 75

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