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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 183 · 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 cupcake costs ₹60 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One paper bookmark costs ₹16 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One potted plant costs ₹50 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One jute bag costs ₹58 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One cup of lemonade costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹42 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹30 to make and Meera sells it for ₹45. What is the markup in percent?
  8. 8.One potted plant costs ₹36 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One jute bag costs ₹50 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One jute bag costs ₹50 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹12 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One glass of chai costs ₹40 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One fruit cup costs ₹24 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹10 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One glass of chai costs ₹34 to make and Arjun sells it for ₹68. What is the markup in percent?
  16. 16.One glass of chai costs ₹12 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One fruit cup costs ₹59 to make and Riya sells it for ₹118. What is the markup in percent?
  18. 18.One handmade card costs ₹36 to make and Kavya sells it for ₹45. What is the markup in percent?
  19. 19.One friendship band costs ₹16 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  20. 20.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  21. 21.One cup of lemonade costs ₹20 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹50 to make and Diya sells it for ₹55. What is the markup in percent?
  23. 23.One jute bag costs ₹48 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One bag of popcorn costs ₹48 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One friendship band costs ₹32 to make and Zoya sells it for ₹48. What is the markup in percent?
  26. 26.One cup of lemonade costs ₹47 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One clay diya costs ₹36 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹40 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹24 to make and Gurpreet sells it for ₹30. What is the markup in percent?
  30. 30.One handmade card costs ₹44 to make and Joseph sells it for ₹55. What is the markup in percent?
  31. 31.One potted plant costs ₹30 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹16 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹10 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One potted plant costs ₹44 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One fruit cup costs ₹53 to make and Tara sells it for ₹106. What is the markup in percent?
  37. 37.One cup of lemonade costs ₹10 to make and Kabir sells it for ₹15. What is the markup in percent?
  38. 38.One friendship band costs ₹54 to make and Rohan sells it for ₹81. What is the markup in percent?
  39. 39.One paper bookmark costs ₹36 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One friendship band costs ₹12 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 60
  2. 20
  3. 5
  4. 58
  5. 10
  6. 21
  7. 50
  8. 54
  9. 55
  10. 60
  11. 12
  12. 4
  13. 6
  14. 2
  15. 100
  16. 3
  17. 100
  18. 25
  19. 20
  20. cost + a markup
  21. 2
  22. 10
  23. 72
  24. 72
  25. 50
  26. 47
  27. 9
  28. 10
  29. 25
  30. 25
  31. 3
  32. 20
  33. 2
  34. 1
  35. 22
  36. 100
  37. 50
  38. 50
  39. 72
  40. 3

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