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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 148 · 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 friendship band costs ₹12 to make and Lakshmi sells it for ₹18. What is the markup in percent?
  2. 2.One paper bookmark costs ₹20 to make and Saanvi sells it for ₹25. What is the markup in percent?
  3. 3.One potted plant costs ₹39 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One cup of lemonade costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One clay diya costs ₹38 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One potted plant costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  7. 7.One jute bag costs ₹21 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹20 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One bag of popcorn costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹60 to make and Vihaan sells it for ₹90. What is the markup in percent?
  12. 12.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  13. 13.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 20 rupees (d) 5 rupees
  14. 14.One handmade card costs ₹56 to make and Meera sells it for ₹84. What is the markup in percent?
  15. 15.One handmade card costs ₹20 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One glass of chai costs ₹24 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹20 to make and Lakshmi sells it for ₹22. What is the markup in percent?
  18. 18.One bag of popcorn costs ₹60 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One jute bag costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One handmade card costs ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹48 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹54 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹22 to make and Diya sells it for ₹44. What is the markup in percent?
  24. 24.One fruit cup costs ₹35 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹50 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹60 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹40 to make and Saanvi sells it for ₹50. What is the markup in percent?
  28. 28.One clay diya costs ₹20 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹40 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One fruit cup costs ₹35 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One fruit cup costs ₹36 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹49 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹53 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹10 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One potted plant costs ₹48 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹52 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One bag of popcorn costs ₹60 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One painted pebble costs ₹12 to make and Rohan sells it for ₹15. What is the markup in percent?
  39. 39.One jute bag costs ₹28 to make and Kabir sells it for ₹42. What is the markup in percent?
  40. 40.One jute bag costs ₹48 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 25
  3. 39
  4. 66
  5. 19
  6. 10
  7. 42
  8. 22
  9. 2
  10. 44
  11. 50
  12. what buyers will pay
  13. 10 rupees
  14. 50
  15. 24
  16. 30
  17. 10
  18. 90
  19. 1
  20. 60
  21. 60
  22. 27
  23. 100
  24. 7
  25. 5
  26. 15
  27. 25
  28. 5
  29. 10
  30. 42
  31. 54
  32. 98
  33. 106
  34. 5
  35. 60
  36. 26
  37. 75
  38. 25
  39. 50
  40. 60

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