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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 12 · 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 clay diya costs ₹60 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹24 to make and Meera sells it for ₹30. What is the markup in percent?
  3. 3.One glass of chai costs ₹14 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One painted pebble costs ₹60 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  5. 5.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  6. 6.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  7. 7.One fruit cup costs ₹20 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One handmade card costs ₹40 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One friendship band costs ₹50 to make and Vihaan sells it for ₹60. What is the markup in percent?
  10. 10.One clay diya costs ₹44 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One handmade card costs ₹40 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One paper bookmark costs ₹40 to make and Nisha sells it for ₹60. What is the markup in percent?
  13. 13.One fruit cup costs ₹52 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹45 to make and Nisha sells it for ₹54. What is the markup in percent?
  15. 15.One cupcake costs ₹22 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One jute bag costs ₹40 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One jute bag costs ₹36 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  19. 19.One fruit cup costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One potted plant costs ₹50 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹10 to make and Gurpreet sells it for ₹12. What is the markup in percent?
  22. 22.One friendship band costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹60 to make and Rohan sells it for ₹75. What is the markup in percent?
  24. 24.One potted plant costs ₹19 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹24 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹36 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹10 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹20 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One fruit cup costs ₹30 to make and Kavya sells it for ₹45. What is the markup in percent?
  30. 30.One painted pebble costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹15 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹20 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One jute bag costs ₹40 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹25 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One jute bag costs ₹33 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One fruit cup costs ₹60 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹12 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹50 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One jute bag costs ₹18 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹45 to make and Zoya sells it for ₹54. What is the markup in percent?

Answer key

  1. 66
  2. 25
  3. 14
  4. 10
  5. what buyers will pay
  6. a loss
  7. 25
  8. 4
  9. 20
  10. 55
  11. 4
  12. 50
  13. 26
  14. 20
  15. 44
  16. 10
  17. 54
  18. 10 rupees
  19. 5
  20. 60
  21. 20
  22. 2
  23. 25
  24. 19
  25. 30
  26. 45
  27. 15
  28. 10
  29. 50
  30. 10
  31. 18
  32. 2
  33. 4
  34. 5
  35. 33
  36. 72
  37. 3
  38. 5
  39. 18
  40. 20

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