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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 120 · 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 cup of lemonade costs ₹60 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One glass of chai costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.One handmade card costs ₹36 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  6. 6.One paper bookmark costs ₹20 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One potted plant costs ₹55 to make and Farhan sells it for ₹110. What is the markup in percent?
  8. 8.One cup of lemonade costs ₹22 to make and Diya sells it for ₹33. What is the markup in percent?
  9. 9.One handmade card costs ₹10 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹20 to make and Arjun sells it for ₹24. What is the markup in percent?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  12. 12.One bag of popcorn costs ₹28 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹56 to make and Farhan sells it for ₹70. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹10 to make and Gurpreet sells it for ₹11. What is the markup in percent?
  15. 15.One bag of popcorn costs ₹60 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One potted plant costs ₹25 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹25 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹36 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹50 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One paper bookmark costs ₹20 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One potted plant costs ₹25 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One jute bag costs ₹38 to make and Rohan sells it for ₹57. What is the markup in percent?
  23. 23.One potted plant costs ₹52 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One cup of lemonade costs ₹38 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹30 to make and Arjun sells it for ₹33. What is the markup in percent?
  26. 26.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  27. 27.One potted plant costs ₹40 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹60 to make and Ananya sells it for ₹66. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹54 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One friendship band costs ₹60 to make and Ishaan sells it for ₹66. What is the markup in percent?
  31. 31.One bag of popcorn costs ₹50 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One friendship band costs ₹27 to make and Nisha sells it for ₹54. What is the markup in percent?
  34. 34.One jute bag costs ₹55 to make and Tara sells it for ₹110. What is the markup in percent?
  35. 35.One clay diya costs ₹60 to make and Riya sells it for ₹90. What is the markup in percent?
  36. 36.One painted pebble costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹33 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹56 to make and Nisha sells it for ₹84. What is the markup in percent?
  39. 39.One cup of lemonade costs ₹60 to make and Ananya sells it for ₹66. What is the markup in percent?
  40. 40.One painted pebble costs ₹12 to make. Diya adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 6
  2. 1
  3. 45
  4. 22
  5. cost + a markup
  6. 24
  7. 100
  8. 50
  9. 12
  10. 20
  11. 10 rupees
  12. 35
  13. 25
  14. 10
  15. 66
  16. 25
  17. 30
  18. 72
  19. 10
  20. 2
  21. 30
  22. 50
  23. 13
  24. 57
  25. 10
  26. a loss
  27. 8
  28. 10
  29. 27
  30. 10
  31. 60
  32. 1
  33. 100
  34. 100
  35. 50
  36. 3
  37. 33
  38. 50
  39. 10
  40. 15

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