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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 126 · 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 cupcake costs ₹40 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One handmade card costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  3. 3.One fruit cup costs ₹47 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One painted pebble costs ₹35 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One clay diya costs ₹10 to make and Vihaan sells it for ₹12. What is the markup in percent?
  6. 6.One jute bag costs ₹38 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) what buyers will pay (d) nothing else
  8. 8.One potted plant costs ₹30 to make and Ishaan sells it for ₹60. What is the markup in percent?
  9. 9.One painted pebble costs ₹12 to make and Aarav sells it for ₹15. What is the markup in percent?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 50 rupees (d) 20 rupees
  11. 11.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  12. 12.One handmade card costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  13. 13.One cupcake costs ₹10 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One bag of popcorn costs ₹34 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One glass of chai costs ₹45 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹10 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹18 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹55 to make and Kabir sells it for ₹66. What is the markup in percent?
  19. 19.One friendship band costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹10 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One cupcake costs ₹50 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One handmade card costs ₹28 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹30 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One paper bookmark costs ₹31 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One clay diya costs ₹60 to make and Kavya sells it for ₹72. What is the markup in percent?
  27. 27.One cupcake costs ₹56 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹11 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One paper bookmark costs ₹20 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One jute bag costs ₹50 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹58 to make and Lakshmi sells it for ₹87. What is the markup in percent?
  33. 33.One fruit cup costs ₹50 to make and Rohan sells it for ₹60. What is the markup in percent?
  34. 34.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  35. 35.One glass of chai costs ₹42 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹52 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹20 to make and Kabir sells it for ₹22. What is the markup in percent?
  38. 38.One painted pebble costs ₹30 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One fruit cup costs ₹20 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹30 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 50
  2. 10
  3. 47
  4. 42
  5. 20
  6. 38
  7. what buyers will pay
  8. 100
  9. 25
  10. 10 rupees
  11. a loss
  12. 10
  13. 11
  14. 34
  15. 9
  16. 15
  17. 9
  18. 20
  19. 22
  20. 12
  21. 100
  22. 22
  23. 35
  24. 36
  25. 62
  26. 20
  27. 14
  28. 11
  29. 24
  30. 22
  31. 60
  32. 50
  33. 20
  34. cost + a markup
  35. 42
  36. 26
  37. 10
  38. 36
  39. 24
  40. 3

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