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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 908 · 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 ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One friendship band costs ₹59 to make and Vihaan sells it for ₹118. What is the markup in percent?
  3. 3.One glass of chai costs ₹11 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One painted pebble costs ₹37 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  6. 6.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  7. 7.One paper bookmark costs ₹22 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One cup of lemonade costs ₹56 to make and Kavya sells it for ₹112. What is the markup in percent?
  9. 9.One paper bookmark costs ₹10 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹44 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  12. 12.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  13. 13.One paper bookmark costs ₹16 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹25 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One fruit cup costs ₹20 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One glass of chai costs ₹12 to make and Kavya sells it for ₹15. What is the markup in percent?
  17. 17.One paper bookmark costs ₹47 to make and Tara sells it for ₹94. What is the markup in percent?
  18. 18.One paper bookmark costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹32 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹60 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹60 to make and Tara sells it for ₹66. What is the markup in percent?
  22. 22.One handmade card costs ₹30 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹42 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹32 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One handmade card costs ₹28 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One fruit cup costs ₹17 to make and Diya sells it for ₹34. What is the markup in percent?
  27. 27.One paper bookmark costs ₹32 to make and Riya sells it for ₹40. What is the markup in percent?
  28. 28.One clay diya costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹38 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹27 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One cup of lemonade costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One jute bag costs ₹32 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One jute bag costs ₹60 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One fruit cup costs ₹20 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹42 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One painted pebble costs ₹40 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹15 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One potted plant costs ₹28 to make and Diya sells it for ₹42. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹18 to make and Nisha sells it for ₹27. What is the markup in percent?

Answer key

  1. 33
  2. 100
  3. 22
  4. 37
  5. cost + a markup
  6. what buyers will pay
  7. 44
  8. 100
  9. 15
  10. 55
  11. 10 rupees
  12. a loss
  13. 32
  14. 5
  15. 2
  16. 25
  17. 100
  18. 11
  19. 48
  20. 90
  21. 10
  22. 33
  23. 63
  24. 16
  25. 42
  26. 100
  27. 25
  28. 66
  29. 57
  30. 27
  31. 1
  32. 8
  33. 12
  34. 30
  35. 63
  36. 48
  37. 30
  38. 22
  39. 50
  40. 50

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