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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 122 · 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 ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One friendship band costs ₹52 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One cupcake costs ₹24 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One cup of lemonade costs ₹16 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  6. 6.One potted plant costs ₹24 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One potted plant costs ₹60 to make and Vihaan sells it for ₹120. What is the markup in percent?
  8. 8.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  10. 10.One jute bag costs ₹22 to make and Kavya sells it for ₹44. What is the markup in percent?
  11. 11.One friendship band costs ₹55 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹35 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹15 to make and Kavya sells it for ₹18. What is the markup in percent?
  14. 14.One friendship band costs ₹53 to make and Diya sells it for ₹106. What is the markup in percent?
  15. 15.One glass of chai costs ₹30 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹56 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One bag of popcorn costs ₹10 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹10 to make and Ishaan sells it for ₹12. What is the markup in percent?
  19. 19.One potted plant costs ₹48 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One glass of chai costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  21. 21.One friendship band costs ₹28 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹46 to make and Tara sells it for ₹69. What is the markup in percent?
  23. 23.One clay diya costs ₹60 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  25. 25.One bag of popcorn costs ₹32 to make and Ananya sells it for ₹48. What is the markup in percent?
  26. 26.One fruit cup costs ₹44 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One cup of lemonade costs ₹12 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One bag of popcorn costs ₹24 to make and Rohan sells it for ₹36. What is the markup in percent?
  30. 30.One painted pebble costs ₹30 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One glass of chai costs ₹30 to make and Gurpreet sells it for ₹33. What is the markup in percent?
  32. 32.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) nothing else (d) the weather only
  33. 33.One jute bag costs ₹24 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹38 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹12 to make and Kabir sells it for ₹15. What is the markup in percent?
  36. 36.One painted pebble costs ₹30 to make and Arjun sells it for ₹33. What is the markup in percent?
  37. 37.One paper bookmark costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One cupcake costs ₹20 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One fruit cup costs ₹18 to make and Dev sells it for ₹36. What is the markup in percent?
  40. 40.One handmade card costs ₹24 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 33
  2. 104
  3. 30
  4. 20
  5. a loss
  6. 6
  7. 100
  8. cost + a markup
  9. 10 rupees
  10. 100
  11. 66
  12. 70
  13. 20
  14. 100
  15. 36
  16. 84
  17. 15
  18. 20
  19. 12
  20. 10
  21. 35
  22. 50
  23. 66
  24. 10
  25. 50
  26. 11
  27. 3
  28. 1
  29. 50
  30. 3
  31. 10
  32. what buyers will pay
  33. 12
  34. 57
  35. 25
  36. 10
  37. 33
  38. 2
  39. 100
  40. 48

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