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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 152 · 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 paper bookmark costs ₹50 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One bag of popcorn costs ₹50 to make and Kavya sells it for ₹60. What is the markup in percent?
  3. 3.One clay diya costs ₹10 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One potted plant costs ₹50 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  6. 6.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  7. 7.One glass of chai costs ₹48 to make and Rohan sells it for ₹60. What is the markup in percent?
  8. 8.One glass of chai costs ₹35 to make and Joseph sells it for ₹42. What is the markup in percent?
  9. 9.One friendship band costs ₹48 to make and Dev sells it for ₹96. What is the markup in percent?
  10. 10.One jute bag costs ₹50 to make and Farhan sells it for ₹55. What is the markup in percent?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  12. 12.One cup of lemonade costs ₹18 to make and Joseph sells it for ₹27. What is the markup in percent?
  13. 13.One glass of chai costs ₹15 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One painted pebble costs ₹28 to make and Zoya sells it for ₹42. What is the markup in percent?
  15. 15.One handmade card costs ₹30 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One cup of lemonade costs ₹10 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  17. 17.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  18. 18.One jute bag costs ₹55 to make and Saanvi sells it for ₹66. What is the markup in percent?
  19. 19.One friendship band costs ₹50 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One bag of popcorn costs ₹15 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One bag of popcorn costs ₹60 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One cup of lemonade costs ₹52 to make and Kabir sells it for ₹65. What is the markup in percent?
  23. 23.One cupcake costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹56 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One friendship band costs ₹48 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹56 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹57 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹40 to make and Dev sells it for ₹48. What is the markup in percent?
  29. 29.One bag of popcorn costs ₹30 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One cupcake costs ₹12 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹28 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹45 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One painted pebble costs ₹56 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One painted pebble costs ₹40 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹20 to make and Zoya sells it for ₹25. What is the markup in percent?
  36. 36.One painted pebble costs ₹40 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One painted pebble costs ₹35 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One paper bookmark costs ₹48 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹42 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 55
  2. 20
  3. 15
  4. 25
  5. cost + a markup
  6. what buyers will pay
  7. 25
  8. 20
  9. 100
  10. 10
  11. 10 rupees
  12. 50
  13. 18
  14. 50
  15. 60
  16. 12
  17. a loss
  18. 20
  19. 10
  20. 3
  21. 60
  22. 25
  23. 66
  24. 84
  25. 12
  26. 70
  27. 114
  28. 20
  29. 33
  30. 3
  31. 7
  32. 54
  33. 70
  34. 4
  35. 25
  36. 8
  37. 7
  38. 60
  39. 15
  40. 63

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