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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 153 · 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 jute bag costs ₹10 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹40 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One handmade card costs ₹50 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  4. 4.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  5. 5.One painted pebble costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One painted pebble costs ₹55 to make and Dev sells it for ₹66. What is the markup in percent?
  7. 7.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  8. 8.One fruit cup costs ₹48 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.One glass of chai costs ₹46 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One fruit cup costs ₹16 to make. Ananya adds a 25% 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 ₹48 to make and Ananya sells it for ₹60. What is the markup in percent?
  13. 13.One clay diya costs ₹10 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One cupcake costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  15. 15.One potted plant costs ₹52 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One potted plant costs ₹20 to make and Zoya sells it for ₹24. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹51 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  19. 19.One cupcake costs ₹20 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹23 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One paper bookmark costs ₹37 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹42 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹36 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One cupcake costs ₹10 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹23 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹40 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One glass of chai costs ₹55 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One jute bag costs ₹48 to make and Dev sells it for ₹60. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹15 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One cupcake costs ₹35 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹40 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One cup of lemonade costs ₹26 to make and Arjun sells it for ₹39. What is the markup in percent?
  33. 33.One friendship band costs ₹45 to make and Meera sells it for ₹54. What is the markup in percent?
  34. 34.One cupcake costs ₹40 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One fruit cup costs ₹20 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One cupcake costs ₹20 to make and Gurpreet sells it for ₹25. What is the markup in percent?
  37. 37.One fruit cup costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  38. 38.One jute bag costs ₹36 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One fruit cup costs ₹22 to make and Zoya sells it for ₹44. What is the markup in percent?
  40. 40.One paper bookmark costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?

Answer key

  1. 20
  2. 80
  3. 75
  4. a loss
  5. 22
  6. 20
  7. what buyers will pay
  8. 24
  9. 69
  10. 20
  11. cost + a markup
  12. 25
  13. 5
  14. 10
  15. 65
  16. 20
  17. 102
  18. 10 rupees
  19. 25
  20. 23
  21. 74
  22. 63
  23. 18
  24. 12
  25. 46
  26. 10
  27. 11
  28. 25
  29. 3
  30. 7
  31. 4
  32. 50
  33. 20
  34. 20
  35. 5
  36. 25
  37. 10
  38. 36
  39. 100
  40. 10

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