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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 130 · 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 fruit cup costs ₹30 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One painted pebble costs ₹15 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One cup of lemonade costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One handmade card costs ₹28 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One fruit cup costs ₹20 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  7. 7.One potted plant costs ₹20 to make and Ananya sells it for ₹30. What is the markup in percent?
  8. 8.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) what buyers will pay (d) nothing else
  9. 9.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  10. 10.One glass of chai costs ₹20 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.One friendship band costs ₹42 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹28 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One cupcake costs ₹41 to make and Lakshmi sells it for ₹82. What is the markup in percent?
  14. 14.One friendship band costs ₹16 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One handmade card costs ₹10 to make and Saanvi sells it for ₹15. What is the markup in percent?
  17. 17.One fruit cup costs ₹37 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One fruit cup costs ₹42 to make and Diya sells it for ₹84. What is the markup in percent?
  19. 19.One painted pebble costs ₹30 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹55 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  21. 21.One paper bookmark costs ₹30 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One friendship band costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?
  23. 23.One jute bag costs ₹10 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One cup of lemonade costs ₹44 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One potted plant costs ₹20 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One cup of lemonade costs ₹28 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One friendship band costs ₹30 to make and Vihaan sells it for ₹36. What is the markup in percent?
  28. 28.One fruit cup costs ₹25 to make and Ananya sells it for ₹30. What is the markup in percent?
  29. 29.One handmade card costs ₹27 to make and Ananya sells it for ₹54. What is the markup in percent?
  30. 30.One cupcake costs ₹20 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One friendship band costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹58 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One friendship band costs ₹48 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹40 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One potted plant costs ₹11 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One clay diya costs ₹10 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹10 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹32 to make and Ishaan sells it for ₹40. What is the markup in percent?
  39. 39.One friendship band costs ₹60 to make and Aarav sells it for ₹72. What is the markup in percent?
  40. 40.One fruit cup costs ₹15 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 30
  2. 30
  3. 44
  4. 7
  5. 5
  6. 10 rupees
  7. 50
  8. what buyers will pay
  9. cost + a markup
  10. 5
  11. 84
  12. 28
  13. 100
  14. 20
  15. 4
  16. 50
  17. 37
  18. 100
  19. 36
  20. 20
  21. 36
  22. 10
  23. 12
  24. 66
  25. 5
  26. 35
  27. 20
  28. 20
  29. 100
  30. 2
  31. 33
  32. 29
  33. 12
  34. 10
  35. 22
  36. 12
  37. 12
  38. 25
  39. 20
  40. 18

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