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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 187 · 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 potted plant costs ₹60 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One fruit cup costs ₹38 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  3. 3.One clay diya costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One fruit cup costs ₹54 to make and Ishaan sells it for ₹108. What is the markup in percent?
  5. 5.One friendship band costs ₹55 to make and Saanvi sells it for ₹66. What is the markup in percent?
  6. 6.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) cost − a markup (d) copy a rival
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  8. 8.One potted plant costs ₹15 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One paper bookmark costs ₹35 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One glass of chai costs ₹10 to make and Gurpreet sells it for ₹12. What is the markup in percent?
  11. 11.One clay diya costs ₹56 to make and Zoya sells it for ₹70. What is the markup in percent?
  12. 12.One jute bag costs ₹45 to make and Lakshmi sells it for ₹54. What is the markup in percent?
  13. 13.One handmade card costs ₹56 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One painted pebble costs ₹45 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One friendship band costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One cup of lemonade costs ₹55 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One friendship band costs ₹44 to make and Ananya sells it for ₹66. What is the markup in percent?
  19. 19.One fruit cup costs ₹28 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One painted pebble costs ₹16 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹16 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One jute bag costs ₹10 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One bag of popcorn costs ₹20 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹20 to make and Zoya sells it for ₹30. What is the markup in percent?
  25. 25.One paper bookmark costs ₹52 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One cup of lemonade costs ₹55 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹10 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One fruit cup costs ₹45 to make and Lakshmi sells it for ₹54. What is the markup in percent?
  29. 29.One potted plant costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹50 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One fruit cup costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  32. 32.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  33. 33.One jute bag costs ₹56 to make and Nisha sells it for ₹70. What is the markup in percent?
  34. 34.One clay diya costs ₹16 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹38 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One jute bag costs ₹28 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One handmade card costs ₹12 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹44 to make and Kabir sells it for ₹55. What is the markup in percent?
  40. 40.One glass of chai costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 6
  2. 57
  3. 1
  4. 100
  5. 20
  6. cost + a markup
  7. 10 rupees
  8. 3
  9. 42
  10. 20
  11. 25
  12. 20
  13. 56
  14. 54
  15. 22
  16. 11
  17. 11
  18. 50
  19. 35
  20. 8
  21. 4
  22. 12
  23. 25
  24. 50
  25. 26
  26. 66
  27. 11
  28. 20
  29. 15
  30. 60
  31. 22
  32. what buyers will pay
  33. 25
  34. 32
  35. 76
  36. 35
  37. 5
  38. 18
  39. 25
  40. 11

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