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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 100 · 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.

NameDateTime takenScore ___ / 40
  1. 1.One painted pebble costs ₹30 to make and Tara sells it for ₹45. What is the markup in percent?
  2. 2.One jute bag costs ₹26 to make and Nisha sells it for ₹39. What is the markup in percent?
  3. 3.One handmade card costs ₹50 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One painted pebble costs ₹44 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One paper bookmark costs ₹42 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One cupcake costs ₹56 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One painted pebble costs ₹60 to make and Rohan sells it for ₹66. What is the markup in percent?
  8. 8.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  9. 9.One glass of chai costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹57 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One bag of popcorn costs ₹32 to make and Meera sells it for ₹40. What is the markup in percent?
  12. 12.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  13. 13.One cup of lemonade costs ₹35 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  14. 14.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) nothing else (d) the weather only
  15. 15.One glass of chai costs ₹28 to make and Vihaan sells it for ₹42. What is the markup in percent?
  16. 16.One potted plant costs ₹40 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One cup of lemonade costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One bag of popcorn costs ₹12 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One friendship band costs ₹54 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One friendship band costs ₹20 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One fruit cup costs ₹10 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One bag of popcorn costs ₹16 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹30 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹56 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹50 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹52 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One friendship band costs ₹36 to make and Gurpreet sells it for ₹45. What is the markup in percent?
  30. 30.One paper bookmark costs ₹15 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  32. 32.One cup of lemonade costs ₹37 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One painted pebble costs ₹48 to make and Saanvi sells it for ₹96. What is the markup in percent?
  34. 34.One fruit cup costs ₹50 to make and Kabir sells it for ₹60. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹20 to make and Ishaan sells it for ₹24. What is the markup in percent?
  36. 36.One cupcake costs ₹60 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹10 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One paper bookmark costs ₹55 to make and Saanvi sells it for ₹66. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹29 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 50
  3. 25
  4. 55
  5. 21
  6. 28
  7. 10
  8. a loss
  9. 11
  10. 114
  11. 25
  12. cost + a markup
  13. 42
  14. what buyers will pay
  15. 50
  16. 4
  17. 3
  18. 22
  19. 3
  20. 27
  21. 40
  22. 1
  23. 12
  24. 32
  25. 30
  26. 70
  27. 25
  28. 13
  29. 25
  30. 3
  31. 10 rupees
  32. 74
  33. 100
  34. 20
  35. 20
  36. 72
  37. 12
  38. 22
  39. 20
  40. 58

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