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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 111 · 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 handmade card costs ₹44 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹30 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  4. 4.One cup of lemonade costs ₹50 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One handmade card costs ₹30 to make and Aarav sells it for ₹36. What is the markup in percent?
  6. 6.One jute bag costs ₹30 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One handmade card costs ₹24 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One jute bag costs ₹20 to make. Zoya adds a 25% markup. What is the profit on one (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 handmade card costs ₹29 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One potted plant costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹23 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One friendship band costs ₹48 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹55 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹40 to make and Meera sells it for ₹48. What is the markup in percent?
  16. 16.One paper bookmark costs ₹20 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One bag of popcorn costs ₹50 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One friendship band costs ₹35 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One friendship band costs ₹12 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹44 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹55 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹16 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹35 to make and Tara sells it for ₹42. What is the markup in percent?
  24. 24.One bag of popcorn costs ₹60 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  26. 26.One friendship band costs ₹22 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹40 to make and Arjun sells it for ₹44. What is the markup in percent?
  28. 28.One painted pebble costs ₹15 to make and Diya sells it for ₹18. What is the markup in percent?
  29. 29.One friendship band costs ₹32 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹20 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹35 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹58 to make and Rohan sells it for ₹116. What is the markup in percent?
  33. 33.One bag of popcorn costs ₹60 to make and Saanvi sells it for ₹120. What is the markup in percent?
  34. 34.One handmade card costs ₹40 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One potted plant costs ₹35 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One cupcake costs ₹40 to make and Farhan sells it for ₹60. What is the markup in percent?
  37. 37.One fruit cup costs ₹35 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹18 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One potted plant costs ₹32 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹56 to make and Lakshmi sells it for ₹70. What is the markup in percent?

Answer key

  1. 55
  2. 60
  3. what buyers will pay
  4. 50
  5. 20
  6. 33
  7. 30
  8. 5
  9. cost + a markup
  10. 29
  11. 48
  12. 46
  13. 72
  14. 66
  15. 20
  16. 4
  17. 5
  18. 70
  19. 6
  20. 66
  21. 66
  22. 32
  23. 20
  24. 72
  25. 10 rupees
  26. 33
  27. 10
  28. 20
  29. 40
  30. 5
  31. 42
  32. 100
  33. 100
  34. 44
  35. 70
  36. 50
  37. 7
  38. 9
  39. 40
  40. 25

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