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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 915 · 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 fruit cup costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One cup of lemonade costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  3. 3.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  4. 4.One bag of popcorn costs ₹41 to make and Joseph sells it for ₹82. What is the markup in percent?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  6. 6.One bag of popcorn costs ₹56 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹29 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One bag of popcorn costs ₹23 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  9. 9.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  10. 10.One paper bookmark costs ₹55 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One fruit cup costs ₹24 to make and Ishaan sells it for ₹30. What is the markup in percent?
  12. 12.One jute bag costs ₹15 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One friendship band costs ₹20 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One potted plant costs ₹18 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
  16. 16.One potted plant costs ₹38 to make and Rohan sells it for ₹57. What is the markup in percent?
  17. 17.One painted pebble costs ₹50 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One clay diya costs ₹32 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One painted pebble costs ₹20 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹10 to make and Tara sells it for ₹12. What is the markup in percent?
  21. 21.One paper bookmark costs ₹17 to make and Vihaan sells it for ₹34. What is the markup in percent?
  22. 22.One friendship band costs ₹24 to make and Lakshmi sells it for ₹36. What is the markup in percent?
  23. 23.One clay diya costs ₹50 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹17 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One painted pebble costs ₹60 to make and Dev sells it for ₹75. What is the markup in percent?
  26. 26.One paper bookmark costs ₹36 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One potted plant costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹28 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One clay diya costs ₹15 to make and Lakshmi sells it for ₹18. What is the markup in percent?
  30. 30.One handmade card costs ₹52 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One paper bookmark costs ₹12 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹36 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹48 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹50 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹48 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹35 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One cupcake costs ₹10 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹58 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One fruit cup costs ₹45 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One painted pebble costs ₹12 to make. Dev adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 3
  2. 10
  3. what buyers will pay
  4. 100
  5. 10 rupees
  6. 70
  7. 29
  8. 46
  9. cost + a markup
  10. 11
  11. 25
  12. 15
  13. 2
  14. 9
  15. a loss
  16. 50
  17. 5
  18. 8
  19. 22
  20. 20
  21. 100
  22. 50
  23. 55
  24. 17
  25. 25
  26. 9
  27. 66
  28. 35
  29. 20
  30. 13
  31. 18
  32. 72
  33. 60
  34. 55
  35. 60
  36. 7
  37. 15
  38. 87
  39. 45
  40. 15

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