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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 173 · 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.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  2. 2.One friendship band costs ₹40 to make and Zoya sells it for ₹48. What is the markup in percent?
  3. 3.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  4. 4.One handmade card costs ₹55 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  6. 6.One bag of popcorn costs ₹36 to make and Gurpreet sells it for ₹54. What is the markup in percent?
  7. 7.One clay diya costs ₹44 to make and Kabir sells it for ₹66. What is the markup in percent?
  8. 8.One paper bookmark costs ₹50 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹12 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹18 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One painted pebble costs ₹55 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹51 to make and Tara sells it for ₹102. What is the markup in percent?
  13. 13.One cup of lemonade costs ₹52 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One jute bag costs ₹56 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One friendship band costs ₹24 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹26 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹60 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One friendship band costs ₹24 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One fruit cup costs ₹14 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹30 to make and Diya sells it for ₹36. What is the markup in percent?
  22. 22.One friendship band costs ₹40 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One glass of chai costs ₹55 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One clay diya costs ₹57 to make and Kabir sells it for ₹114. What is the markup in percent?
  25. 25.One potted plant costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹58 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One friendship band costs ₹50 to make and Diya sells it for ₹100. What is the markup in percent?
  28. 28.One cupcake costs ₹60 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹16 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹51 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹35 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹20 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹15 to make and Arjun sells it for ₹18. What is the markup in percent?
  35. 35.One friendship band costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One clay diya costs ₹34 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One cup of lemonade costs ₹53 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  39. 39.One handmade card costs ₹24 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹48 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 10 rupees
  2. 20
  3. cost + a markup
  4. 11
  5. what buyers will pay
  6. 50
  7. 50
  8. 75
  9. 15
  10. 18
  11. 66
  12. 100
  13. 52
  14. 14
  15. 30
  16. 13
  17. 12
  18. 44
  19. 36
  20. 28
  21. 20
  22. 8
  23. 11
  24. 100
  25. 44
  26. 29
  27. 100
  28. 75
  29. 10
  30. 8
  31. 51
  32. 70
  33. 4
  34. 20
  35. 48
  36. 68
  37. 53
  38. a loss
  39. 12
  40. 72

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