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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 978 · 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 ₹36 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One glass of chai costs ₹58 to make and Rohan sells it for ₹87. What is the markup in percent?
  3. 3.One painted pebble costs ₹35 to make and Vihaan sells it for ₹42. What is the markup in percent?
  4. 4.One cup of lemonade costs ₹16 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  6. 6.One friendship band costs ₹52 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  8. 8.One handmade card costs ₹60 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  9. 9.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  10. 10.One cupcake costs ₹52 to make and Joseph sells it for ₹104. What is the markup in percent?
  11. 11.One clay diya costs ₹20 to make and Meera sells it for ₹40. What is the markup in percent?
  12. 12.One cupcake costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One painted pebble costs ₹60 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹60 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  16. 16.One painted pebble costs ₹48 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One bag of popcorn costs ₹24 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One jute bag costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One glass of chai costs ₹10 to make and Dev sells it for ₹11. What is the markup in percent?
  20. 20.One jute bag costs ₹33 to make and Kavya sells it for ₹66. What is the markup in percent?
  21. 21.One handmade card costs ₹20 to make and Riya sells it for ₹30. What is the markup in percent?
  22. 22.One cup of lemonade costs ₹20 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  23. 23.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  24. 24.One fruit cup costs ₹32 to make and Aarav sells it for ₹64. What is the markup in percent?
  25. 25.One painted pebble costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One painted pebble costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹40 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹24 to make and Joseph sells it for ₹36. What is the markup in percent?
  30. 30.One handmade card costs ₹56 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹32 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One fruit cup costs ₹50 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One potted plant costs ₹16 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹24 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹36 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹20 to make and Meera sells it for ₹24. What is the markup in percent?
  38. 38.One friendship band costs ₹10 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 18
  2. 50
  3. 20
  4. 24
  5. 10 rupees
  6. 52
  7. what buyers will pay
  8. 90
  9. cost + a markup
  10. 100
  11. 100
  12. 1
  13. 90
  14. 72
  15. 10
  16. 12
  17. 30
  18. 65
  19. 10
  20. 100
  21. 50
  22. 22
  23. a loss
  24. 100
  25. 6
  26. 44
  27. 44
  28. 80
  29. 50
  30. 70
  31. 16
  32. 60
  33. 4
  34. 2
  35. 6
  36. 9
  37. 20
  38. 11
  39. 44
  40. 66

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