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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 144 · 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 ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹58 to make and Meera sells it for ₹116. What is the markup in percent?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  4. 4.One clay diya costs ₹50 to make and Zoya sells it for ₹55. What is the markup in percent?
  5. 5.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  6. 6.One handmade card costs ₹60 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹30 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One painted pebble costs ₹40 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One paper bookmark costs ₹56 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹14 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  11. 11.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  12. 12.One cupcake costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹18 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹14 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One handmade card costs ₹16 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹44 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One clay diya costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  18. 18.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  19. 19.One glass of chai costs ₹48 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One jute bag costs ₹43 to make and Lakshmi sells it for ₹86. What is the markup in percent?
  21. 21.One potted plant costs ₹30 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹24 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹15 to make and Nisha sells it for ₹18. What is the markup in percent?
  24. 24.One jute bag costs ₹40 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One fruit cup costs ₹28 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹44 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹15 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One clay diya costs ₹52 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹15 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One clay diya costs ₹12 to make and Tara sells it for ₹15. What is the markup in percent?
  31. 31.One potted plant costs ₹28 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹30 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One potted plant costs ₹60 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  35. 35.One cupcake costs ₹20 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹20 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One painted pebble costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹15 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One cupcake costs ₹20 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹45 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 11
  2. 100
  3. 10 rupees
  4. 10
  5. what buyers will pay
  6. 66
  7. 6
  8. 10
  9. 70
  10. 21
  11. cost + a markup
  12. 1
  13. 27
  14. 14
  15. 20
  16. 11
  17. 10
  18. a loss
  19. 48
  20. 100
  21. 36
  22. 30
  23. 20
  24. 20
  25. 42
  26. 55
  27. 3
  28. 26
  29. 18
  30. 25
  31. 7
  32. 36
  33. 75
  34. 10
  35. 4
  36. 4
  37. 42
  38. 18
  39. 20
  40. 90

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