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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 200 · 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 ₹30 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  3. 3.One handmade card costs ₹44 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One potted plant costs ₹24 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One paper bookmark costs ₹36 to make and Farhan sells it for ₹45. What is the markup in percent?
  6. 6.One friendship band costs ₹10 to make and Joseph sells it for ₹15. What is the markup in percent?
  7. 7.One cupcake costs ₹40 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One paper bookmark costs ₹24 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One fruit cup costs ₹40 to make and Vihaan sells it for ₹50. What is the markup in percent?
  10. 10.One cupcake costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  12. 12.One glass of chai costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹60 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One jute bag costs ₹20 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One potted plant costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  17. 17.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  18. 18.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  19. 19.One fruit cup costs ₹47 to make and Riya sells it for ₹94. What is the markup in percent?
  20. 20.One paper bookmark costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One potted plant costs ₹26 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹26 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One cupcake costs ₹60 to make and Joseph sells it for ₹120. What is the markup in percent?
  24. 24.One painted pebble costs ₹35 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One cupcake costs ₹48 to make and Kabir sells it for ₹72. What is the markup in percent?
  26. 26.One cupcake costs ₹40 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One bag of popcorn costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One potted plant costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹44 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹46 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹34 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One paper bookmark costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  33. 33.One cupcake costs ₹60 to make and Saanvi sells it for ₹75. What is the markup in percent?
  34. 34.One friendship band costs ₹55 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹15 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One handmade card costs ₹55 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One cupcake costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹54 to make and Aarav sells it for ₹81. What is the markup in percent?
  40. 40.One cupcake costs ₹31 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 3
  2. 10 rupees
  3. 66
  4. 30
  5. 25
  6. 50
  7. 50
  8. 6
  9. 25
  10. 1
  11. a loss
  12. 65
  13. 33
  14. 12
  15. 25
  16. 33
  17. cost + a markup
  18. what buyers will pay
  19. 100
  20. 5
  21. 13
  22. 13
  23. 100
  24. 42
  25. 50
  26. 44
  27. 11
  28. 2
  29. 66
  30. 69
  31. 17
  32. 10
  33. 25
  34. 110
  35. 30
  36. 11
  37. 11
  38. 33
  39. 50
  40. 31

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