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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 125 · 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 painted pebble costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  3. 3.One bag of popcorn costs ₹40 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  5. 5.One cupcake costs ₹35 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One fruit cup costs ₹23 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One cup of lemonade costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  9. 9.One friendship band costs ₹44 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  10. 10.One cup of lemonade costs ₹30 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One potted plant costs ₹37 to make and Diya sells it for ₹74. What is the markup in percent?
  12. 12.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  13. 13.One cup of lemonade costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹36 to make and Lakshmi sells it for ₹45. What is the markup in percent?
  15. 15.One potted plant costs ₹22 to make and Zoya sells it for ₹33. What is the markup in percent?
  16. 16.One friendship band costs ₹40 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One cup of lemonade costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One friendship band costs ₹16 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹10 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One fruit cup costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹49 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One cupcake costs ₹36 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One cupcake costs ₹55 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One potted plant costs ₹60 to make and Diya sells it for ₹66. What is the markup in percent?
  26. 26.One potted plant costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One cupcake costs ₹30 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One jute bag costs ₹10 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹36 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One cup of lemonade costs ₹21 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹15 to make and Riya sells it for ₹18. What is the markup in percent?
  34. 34.One bag of popcorn costs ₹52 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹11 to make and Ishaan sells it for ₹22. What is the markup in percent?
  36. 36.One clay diya costs ₹43 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One painted pebble costs ₹60 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One cup of lemonade costs ₹26 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One painted pebble costs ₹28 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹56 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 10
  2. 10 rupees
  3. 4
  4. cost + a markup
  5. 7
  6. 46
  7. 3
  8. what buyers will pay
  9. 44
  10. 30
  11. 100
  12. a loss
  13. 1
  14. 25
  15. 50
  16. 44
  17. 22
  18. 66
  19. 24
  20. 2
  21. 66
  22. 98
  23. 54
  24. 66
  25. 10
  26. 6
  27. 36
  28. 20
  29. 54
  30. 2
  31. 42
  32. 66
  33. 20
  34. 65
  35. 100
  36. 43
  37. 15
  38. 39
  39. 28
  40. 28

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