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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 108 · 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 potted plant costs ₹48 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One friendship band costs ₹60 to make and Diya sells it for ₹90. What is the markup in percent?
  3. 3.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
  4. 4.One cupcake costs ₹40 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One handmade card costs ₹28 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  7. 7.One cup of lemonade costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One cupcake costs ₹13 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One cup of lemonade costs ₹30 to make and Arjun sells it for ₹60. What is the markup in percent?
  10. 10.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  11. 11.One painted pebble costs ₹55 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One glass of chai costs ₹23 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One glass of chai costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  14. 14.One fruit cup costs ₹48 to make and Tara sells it for ₹60. What is the markup in percent?
  15. 15.One fruit cup costs ₹20 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One paper bookmark costs ₹32 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One bag of popcorn costs ₹52 to make and Nisha sells it for ₹65. What is the markup in percent?
  18. 18.One glass of chai costs ₹20 to make and Zoya sells it for ₹30. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹40 to make and Farhan sells it for ₹44. What is the markup in percent?
  20. 20.One handmade card costs ₹60 to make and Farhan sells it for ₹72. What is the markup in percent?
  21. 21.One clay diya costs ₹45 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹40 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹20 to make and Meera sells it for ₹22. What is the markup in percent?
  25. 25.One fruit cup costs ₹10 to make and Kavya sells it for ₹15. What is the markup in percent?
  26. 26.One cupcake costs ₹20 to make and Lakshmi sells it for ₹22. What is the markup in percent?
  27. 27.One potted plant costs ₹40 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹50 to make and Lakshmi sells it for ₹60. What is the markup in percent?
  30. 30.One painted pebble costs ₹23 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One painted pebble costs ₹12 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹12 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹13 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹20 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹20 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One paper bookmark costs ₹36 to make and Lakshmi sells it for ₹45. What is the markup in percent?
  38. 38.One jute bag costs ₹39 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹56 to make and Meera sells it for ₹84. What is the markup in percent?
  40. 40.One handmade card costs ₹10 to make and Arjun sells it for ₹12. What is the markup in percent?

Answer key

  1. 60
  2. 50
  3. a loss
  4. 40
  5. 56
  6. cost + a markup
  7. 3
  8. 26
  9. 100
  10. what buyers will pay
  11. 11
  12. 46
  13. 10
  14. 25
  15. 2
  16. 40
  17. 25
  18. 50
  19. 10
  20. 20
  21. 9
  22. 80
  23. 5
  24. 10
  25. 50
  26. 10
  27. 4
  28. 1
  29. 20
  30. 23
  31. 15
  32. 33
  33. 12
  34. 13
  35. 40
  36. 4
  37. 25
  38. 78
  39. 50
  40. 20

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