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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 180 · 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 ₹10 to make and Lakshmi sells it for ₹12. What is the markup in percent?
  2. 2.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  3. 3.One paper bookmark costs ₹16 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One cupcake costs ₹30 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One potted plant costs ₹10 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One friendship band costs ₹53 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One painted pebble costs ₹52 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One paper bookmark costs ₹36 to make and Gurpreet sells it for ₹45. What is the markup in percent?
  9. 9.One glass of chai costs ₹50 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One fruit cup costs ₹12 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  12. 12.One handmade card costs ₹25 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹28 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹60 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One jute bag costs ₹50 to make and Zoya sells it for ₹75. What is the markup in percent?
  16. 16.One friendship band costs ₹20 to make and Kavya sells it for ₹22. What is the markup in percent?
  17. 17.One glass of chai costs ₹49 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One paper bookmark costs ₹60 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One jute bag costs ₹46 to make and Zoya sells it for ₹69. What is the markup in percent?
  20. 20.One painted pebble costs ₹20 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One potted plant costs ₹16 to make and Aarav sells it for ₹20. What is the markup in percent?
  22. 22.One glass of chai costs ₹20 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  23. 23.One painted pebble costs ₹34 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
  25. 25.One glass of chai costs ₹25 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) your favourite number (d) nothing else
  27. 27.One clay diya costs ₹50 to make and Saanvi sells it for ₹60. What is the markup in percent?
  28. 28.One fruit cup costs ₹35 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹25 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One glass of chai costs ₹18 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One glass of chai costs ₹10 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One clay diya costs ₹34 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹48 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One painted pebble costs ₹40 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹20 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹47 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹20 to make and Dev sells it for ₹24. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹17 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹60 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 20
  2. a loss
  3. 24
  4. 36
  5. 12
  6. 106
  7. 26
  8. 25
  9. 55
  10. 6
  11. 10 rupees
  12. 50
  13. 14
  14. 72
  15. 50
  16. 10
  17. 49
  18. 6
  19. 50
  20. 2
  21. 25
  22. 50
  23. 51
  24. 10
  25. 5
  26. what buyers will pay
  27. 20
  28. 42
  29. 50
  30. 18
  31. 2
  32. 51
  33. 12
  34. 11
  35. 48
  36. 20
  37. 94
  38. 20
  39. 34
  40. 66

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