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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 113 · 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 ₹30 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹55 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One painted pebble costs ₹56 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One potted plant costs ₹31 to make and Rohan sells it for ₹62. What is the markup in percent?
  5. 5.One friendship band costs ₹30 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One painted pebble costs ₹24 to make and Diya sells it for ₹48. What is the markup in percent?
  7. 7.One glass of chai costs ₹45 to make and Kavya sells it for ₹54. What is the markup in percent?
  8. 8.One bag of popcorn costs ₹40 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One potted plant costs ₹36 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One fruit cup costs ₹57 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹43 to make and Farhan sells it for ₹86. What is the markup in percent?
  12. 12.One clay diya costs ₹10 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  14. 14.One cup of lemonade costs ₹16 to make and Arjun sells it for ₹20. What is the markup in percent?
  15. 15.One bag of popcorn costs ₹45 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹40 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One clay diya costs ₹44 to make and Kavya sells it for ₹55. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹39 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹12 to make and Saanvi sells it for ₹18. What is the markup in percent?
  20. 20.One fruit cup costs ₹55 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹47 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹37 to make and Saanvi sells it for ₹74. What is the markup in percent?
  23. 23.One potted plant costs ₹12 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One cupcake costs ₹52 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One cupcake costs ₹27 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹55 to make and Kavya sells it for ₹66. What is the markup in percent?
  27. 27.One bag of popcorn costs ₹45 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹60 to make and Arjun sells it for ₹75. What is the markup in percent?
  29. 29.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  30. 30.One jute bag costs ₹40 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One cupcake costs ₹56 to make and Ishaan sells it for ₹70. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹20 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹36 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One friendship band costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One friendship band costs ₹60 to make and Arjun sells it for ₹66. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One paper bookmark costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹15 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹40 to make and Kabir sells it for ₹48. What is the markup in percent?

Answer key

  1. 45
  2. 66
  3. 70
  4. 100
  5. 15
  6. 100
  7. 20
  8. 50
  9. 72
  10. 114
  11. 100
  12. 2
  13. a loss
  14. 25
  15. 54
  16. 8
  17. 25
  18. 78
  19. 50
  20. 66
  21. 94
  22. 100
  23. 3
  24. 78
  25. 54
  26. 20
  27. 54
  28. 25
  29. 10 rupees
  30. 10
  31. 25
  32. 24
  33. 18
  34. 66
  35. 10
  36. 2
  37. 1
  38. 6
  39. 3
  40. 20

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