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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 145 · 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 ₹35 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  2. 2.One handmade card costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One painted pebble costs ₹50 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One friendship band costs ₹52 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One fruit cup costs ₹50 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One painted pebble costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One painted pebble costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One friendship band costs ₹48 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.One fruit cup costs ₹40 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One clay diya costs ₹29 to make and Nisha sells it for ₹58. What is the markup in percent?
  12. 12.One cup of lemonade costs ₹36 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹44 to make and Tara sells it for ₹88. What is the markup in percent?
  14. 14.One cupcake costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One fruit cup costs ₹40 to make and Riya sells it for ₹80. What is the markup in percent?
  16. 16.One handmade card costs ₹41 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  17. 17.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  18. 18.One clay diya costs ₹40 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  20. 20.One handmade card costs ₹20 to make and Ananya sells it for ₹24. What is the markup in percent?
  21. 21.One bag of popcorn costs ₹50 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹36 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One glass of chai costs ₹20 to make and Vihaan sells it for ₹22. What is the markup in percent?
  24. 24.One friendship band costs ₹10 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One fruit cup costs ₹12 to make and Farhan sells it for ₹15. What is the markup in percent?
  26. 26.One paper bookmark costs ₹44 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  28. 28.One potted plant costs ₹24 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹56 to make and Tara sells it for ₹70. What is the markup in percent?
  30. 30.One potted plant costs ₹60 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One clay diya costs ₹32 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One friendship band costs ₹60 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  34. 34.One fruit cup costs ₹40 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹60 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One handmade card costs ₹36 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One friendship band costs ₹26 to make and Saanvi sells it for ₹39. What is the markup in percent?
  38. 38.One potted plant costs ₹50 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One friendship band costs ₹48 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹35 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 7
  2. 55
  3. 55
  4. 65
  5. 18
  6. 55
  7. 1
  8. 5
  9. 12
  10. 50
  11. 100
  12. 45
  13. 100
  14. 66
  15. 100
  16. 82
  17. what buyers will pay
  18. 10
  19. cost + a markup
  20. 20
  21. 55
  22. 36
  23. 10
  24. 5
  25. 25
  26. 44
  27. 10 rupees
  28. 6
  29. 25
  30. 12
  31. 16
  32. 6
  33. a loss
  34. 50
  35. 75
  36. 9
  37. 50
  38. 5
  39. 12
  40. 7

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