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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 188 · 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 bag of popcorn costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹36 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One fruit cup costs ₹60 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One fruit cup costs ₹30 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹15 to make and Rohan sells it for ₹18. What is the markup in percent?
  6. 6.One potted plant costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One clay diya costs ₹26 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  9. 9.One cupcake costs ₹12 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One paper bookmark costs ₹40 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One painted pebble costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  13. 13.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  15. 15.One cupcake costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One painted pebble costs ₹24 to make and Farhan sells it for ₹30. What is the markup in percent?
  17. 17.One handmade card costs ₹54 to make and Joseph sells it for ₹81. What is the markup in percent?
  18. 18.One handmade card costs ₹16 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One cup of lemonade costs ₹38 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹32 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  22. 22.One friendship band costs ₹40 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One glass of chai costs ₹48 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹13 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹22 to make and Diya sells it for ₹44. What is the markup in percent?
  26. 26.One clay diya costs ₹46 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One potted plant costs ₹36 to make and Aarav sells it for ₹45. What is the markup in percent?
  28. 28.One cup of lemonade costs ₹39 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹20 to make and Riya sells it for ₹22. What is the markup in percent?
  30. 30.One clay diya costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One painted pebble costs ₹60 to make and Zoya sells it for ₹90. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹41 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹55 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹46 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One friendship band costs ₹18 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹47 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One clay diya costs ₹56 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One cup of lemonade costs ₹57 to make and Nisha sells it for ₹114. What is the markup in percent?
  39. 39.One potted plant costs ₹28 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One handmade card costs ₹10 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 11
  2. 45
  3. 66
  4. 3
  5. 20
  6. 22
  7. 39
  8. what buyers will pay
  9. 18
  10. 8
  11. 1
  12. 22
  13. a loss
  14. 10 rupees
  15. 33
  16. 25
  17. 50
  18. 4
  19. 57
  20. 16
  21. cost + a markup
  22. 10
  23. 60
  24. 26
  25. 100
  26. 92
  27. 25
  28. 78
  29. 10
  30. 3
  31. 50
  32. 82
  33. 11
  34. 23
  35. 27
  36. 94
  37. 28
  38. 100
  39. 56
  40. 20

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