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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 972 · 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.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  2. 2.One cupcake costs ₹34 to make and Kabir sells it for ₹51. What is the markup in percent?
  3. 3.One cup of lemonade costs ₹30 to make and Arjun sells it for ₹33. What is the markup in percent?
  4. 4.One handmade card costs ₹45 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One paper bookmark costs ₹55 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  7. 7.One potted plant costs ₹20 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  9. 9.One bag of popcorn costs ₹55 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One bag of popcorn costs ₹22 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.One cupcake costs ₹40 to make and Saanvi sells it for ₹44. What is the markup in percent?
  12. 12.One fruit cup costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One paper bookmark costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One bag of popcorn costs ₹10 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹16 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One potted plant costs ₹12 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One handmade card costs ₹24 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹20 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One fruit cup costs ₹12 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One bag of popcorn costs ₹44 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹35 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹42 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹18 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One cup of lemonade costs ₹45 to make and Vihaan sells it for ₹90. What is the markup in percent?
  25. 25.One fruit cup costs ₹30 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹35 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹35 to make and Diya sells it for ₹42. What is the markup in percent?
  28. 28.One fruit cup costs ₹50 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹55 to make and Tara sells it for ₹66. What is the markup in percent?
  30. 30.One glass of chai costs ₹52 to make and Farhan sells it for ₹65. What is the markup in percent?
  31. 31.One fruit cup costs ₹14 to make and Riya sells it for ₹21. What is the markup in percent?
  32. 32.One clay diya costs ₹15 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹12 to make and Kavya sells it for ₹15. What is the markup in percent?
  34. 34.One paper bookmark costs ₹40 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹20 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One painted pebble costs ₹41 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹16 to make and Lakshmi sells it for ₹20. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹15 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹53 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹16 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. cost + a markup
  2. 50
  3. 10
  4. 54
  5. 11
  6. a loss
  7. 30
  8. what buyers will pay
  9. 66
  10. 11
  11. 10
  12. 44
  13. 6
  14. 12
  15. 20
  16. 6
  17. 30
  18. 2
  19. 15
  20. 11
  21. 42
  22. 63
  23. 9
  24. 100
  25. 3
  26. 42
  27. 20
  28. 60
  29. 20
  30. 25
  31. 50
  32. 18
  33. 25
  34. 60
  35. 24
  36. 82
  37. 25
  38. 18
  39. 106
  40. 4

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