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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 129 · 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 paper bookmark costs ₹30 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  4. 4.One handmade card costs ₹55 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One bag of popcorn costs ₹10 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  6. 6.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  7. 7.One cupcake costs ₹52 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  9. 9.One painted pebble costs ₹60 to make and Kabir sells it for ₹66. What is the markup in percent?
  10. 10.One cup of lemonade costs ₹20 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹58 to make and Rohan sells it for ₹87. What is the markup in percent?
  12. 12.One paper bookmark costs ₹22 to make and Arjun sells it for ₹33. What is the markup in percent?
  13. 13.One potted plant costs ₹40 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One cup of lemonade costs ₹60 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹60 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One clay diya costs ₹16 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹50 to make and Aarav sells it for ₹60. What is the markup in percent?
  18. 18.One bag of popcorn costs ₹20 to make and Vihaan sells it for ₹22. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹47 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹20 to make and Diya sells it for ₹22. What is the markup in percent?
  21. 21.One glass of chai costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One paper bookmark costs ₹58 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One painted pebble costs ₹44 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  24. 24.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  25. 25.One cup of lemonade costs ₹10 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹40 to make and Rohan sells it for ₹48. What is the markup in percent?
  27. 27.One jute bag costs ₹30 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹36 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹32 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹18 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One potted plant costs ₹36 to make and Aarav sells it for ₹72. What is the markup in percent?
  33. 33.One cup of lemonade costs ₹52 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹12 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  36. 36.One paper bookmark costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹40 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹30 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One fruit cup costs ₹40 to make and Riya sells it for ₹44. What is the markup in percent?
  40. 40.One bag of popcorn costs ₹55 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 33
  2. 9
  3. what buyers will pay
  4. 11
  5. 15
  6. a loss
  7. 13
  8. 10 rupees
  9. 10
  10. 40
  11. 50
  12. 50
  13. 10
  14. 72
  15. 72
  16. 32
  17. 20
  18. 10
  19. 94
  20. 10
  21. 6
  22. 58
  23. 66
  24. cost + a markup
  25. 15
  26. 20
  27. 36
  28. 4
  29. 45
  30. 40
  31. 27
  32. 100
  33. 78
  34. 24
  35. 10
  36. 66
  37. 48
  38. 3
  39. 10
  40. 66

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