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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 983 · 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 cup of lemonade costs ₹19 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One painted pebble costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹40 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One cup of lemonade costs ₹30 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One handmade card costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One glass of chai costs ₹30 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One clay diya costs ₹25 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One fruit cup costs ₹13 to make and Aarav sells it for ₹26. What is the markup in percent?
  9. 9.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  10. 10.One fruit cup costs ₹50 to make and Arjun sells it for ₹55. What is the markup in percent?
  11. 11.One paper bookmark costs ₹42 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  13. 13.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  14. 14.One bag of popcorn costs ₹12 to make and Kavya sells it for ₹15. What is the markup in percent?
  15. 15.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  16. 16.One fruit cup costs ₹19 to make and Saanvi sells it for ₹38. What is the markup in percent?
  17. 17.One glass of chai costs ₹20 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹48 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One clay diya costs ₹16 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹19 to make and Vihaan sells it for ₹38. What is the markup in percent?
  21. 21.One jute bag costs ₹60 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹15 to make and Diya sells it for ₹30. What is the markup in percent?
  23. 23.One glass of chai costs ₹40 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹10 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹55 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹55 to make and Nisha sells it for ₹66. What is the markup in percent?
  27. 27.One friendship band costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One jute bag costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹20 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One cup of lemonade costs ₹20 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹56 to make and Arjun sells it for ₹70. What is the markup in percent?
  32. 32.One glass of chai costs ₹16 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹52 to make and Vihaan sells it for ₹65. What is the markup in percent?
  34. 34.One potted plant costs ₹22 to make and Vihaan sells it for ₹33. What is the markup in percent?
  35. 35.One bag of popcorn costs ₹60 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One cupcake costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  37. 37.One glass of chai costs ₹60 to make and Rohan sells it for ₹90. What is the markup in percent?
  38. 38.One handmade card costs ₹12 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One handmade card costs ₹27 to make and Tara sells it for ₹54. What is the markup in percent?
  40. 40.One paper bookmark costs ₹31 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 19
  2. 22
  3. 10
  4. 33
  5. 11
  6. 36
  7. 30
  8. 100
  9. what buyers will pay
  10. 10
  11. 21
  12. 10 rupees
  13. cost + a markup
  14. 25
  15. a loss
  16. 100
  17. 2
  18. 12
  19. 4
  20. 100
  21. 12
  22. 100
  23. 50
  24. 1
  25. 66
  26. 20
  27. 11
  28. 65
  29. 2
  30. 24
  31. 25
  32. 24
  33. 25
  34. 50
  35. 6
  36. 10
  37. 50
  38. 3
  39. 100
  40. 62

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