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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 151 · 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 cup of lemonade costs ₹24 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹30 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One friendship band costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One jute bag costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹40 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One friendship band costs ₹47 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  8. 8.One painted pebble costs ₹20 to make and Farhan sells it for ₹25. What is the markup in percent?
  9. 9.One clay diya costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One friendship band costs ₹58 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One painted pebble costs ₹32 to make and Meera sells it for ₹48. What is the markup in percent?
  12. 12.One glass of chai costs ₹25 to make and Dev sells it for ₹30. What is the markup in percent?
  13. 13.One handmade card costs ₹42 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  15. 15.One handmade card costs ₹15 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One painted pebble costs ₹55 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One jute bag costs ₹42 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹40 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One friendship band costs ₹55 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One potted plant costs ₹16 to make and Rohan sells it for ₹20. What is the markup in percent?
  21. 21.One potted plant costs ₹50 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One jute bag costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹40 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One paper bookmark costs ₹50 to make and Dev sells it for ₹55. What is the markup in percent?
  25. 25.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  26. 26.One glass of chai costs ₹36 to make and Ananya sells it for ₹45. What is the markup in percent?
  27. 27.One fruit cup costs ₹53 to make and Arjun sells it for ₹106. What is the markup in percent?
  28. 28.One cupcake costs ₹32 to make and Lakshmi sells it for ₹40. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹52 to make and Ananya sells it for ₹65. What is the markup in percent?
  30. 30.One bag of popcorn costs ₹20 to make and Rohan sells it for ₹25. What is the markup in percent?
  31. 31.One painted pebble costs ₹12 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One friendship band costs ₹30 to make and Meera sells it for ₹36. What is the markup in percent?
  33. 33.One friendship band costs ₹16 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹41 to make and Tara sells it for ₹82. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹20 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One fruit cup costs ₹50 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One jute bag costs ₹37 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹35 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One potted plant costs ₹35 to make and Tara sells it for ₹42. What is the markup in percent?
  40. 40.One potted plant costs ₹50 to make and Ananya sells it for ₹100. What is the markup in percent?

Answer key

  1. 6
  2. 15
  3. 11
  4. 66
  5. 4
  6. 47
  7. cost + a markup
  8. 25
  9. 11
  10. 87
  11. 50
  12. 20
  13. 42
  14. a loss
  15. 3
  16. 11
  17. 84
  18. 4
  19. 66
  20. 25
  21. 5
  22. 55
  23. 10
  24. 10
  25. 10 rupees
  26. 25
  27. 100
  28. 25
  29. 25
  30. 25
  31. 18
  32. 20
  33. 20
  34. 100
  35. 5
  36. 5
  37. 74
  38. 7
  39. 20
  40. 100

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