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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 916 · 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 paper bookmark costs ₹60 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One jute bag costs ₹22 to make and Rohan sells it for ₹33. What is the markup in percent?
  3. 3.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  4. 4.One cup of lemonade costs ₹40 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One jute bag costs ₹30 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One glass of chai costs ₹38 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One cup of lemonade costs ₹50 to make and Lakshmi sells it for ₹60. What is the markup in percent?
  8. 8.One fruit cup costs ₹27 to make and Diya sells it for ₹54. What is the markup in percent?
  9. 9.One glass of chai costs ₹54 to make and Ananya sells it for ₹108. What is the markup in percent?
  10. 10.One cup of lemonade costs ₹44 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  12. 12.One cupcake costs ₹50 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹56 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  15. 15.One handmade card costs ₹24 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹20 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹22 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹16 to make and Kavya sells it for ₹20. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹18 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One glass of chai costs ₹18 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  22. 22.One clay diya costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  23. 23.One cupcake costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One clay diya costs ₹35 to make and Lakshmi sells it for ₹42. What is the markup in percent?
  25. 25.One bag of popcorn costs ₹59 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹26 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One glass of chai costs ₹40 to make and Vihaan sells it for ₹80. What is the markup in percent?
  28. 28.One cup of lemonade costs ₹30 to make and Kavya sells it for ₹60. What is the markup in percent?
  29. 29.One handmade card costs ₹15 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One potted plant costs ₹60 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One bag of popcorn costs ₹30 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One handmade card costs ₹60 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹55 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One fruit cup costs ₹35 to make and Aarav sells it for ₹70. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹55 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹60 to make and Gurpreet sells it for ₹72. What is the markup in percent?
  37. 37.One cupcake costs ₹27 to make and Ishaan sells it for ₹54. What is the markup in percent?
  38. 38.One handmade card costs ₹40 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One potted plant costs ₹36 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹32 to make and Farhan sells it for ₹40. What is the markup in percent?

Answer key

  1. 6
  2. 50
  3. a loss
  4. 50
  5. 45
  6. 38
  7. 20
  8. 100
  9. 100
  10. 11
  11. what buyers will pay
  12. 10
  13. 70
  14. 10 rupees
  15. 12
  16. 24
  17. 33
  18. 25
  19. 9
  20. 18
  21. cost + a markup
  22. 10
  23. 1
  24. 20
  25. 59
  26. 13
  27. 100
  28. 100
  29. 18
  30. 6
  31. 6
  32. 75
  33. 11
  34. 100
  35. 110
  36. 20
  37. 100
  38. 80
  39. 45
  40. 25

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