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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 208 · 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 handmade card costs ₹15 to make and Arjun sells it for ₹18. What is the markup in percent?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  3. 3.One jute bag costs ₹54 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One cup of lemonade costs ₹32 to make and Dev sells it for ₹40. What is the markup in percent?
  5. 5.One fruit cup costs ₹10 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One fruit cup costs ₹16 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One glass of chai costs ₹20 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One handmade card costs ₹60 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  10. 10.One fruit cup costs ₹26 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One jute bag costs ₹40 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One handmade card costs ₹50 to make and Farhan sells it for ₹60. What is the markup in percent?
  13. 13.One fruit cup costs ₹40 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One handmade card costs ₹56 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  15. 15.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  16. 16.One cupcake costs ₹60 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  17. 17.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  18. 18.One friendship band costs ₹56 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One glass of chai costs ₹60 to make and Nisha sells it for ₹72. What is the markup in percent?
  20. 20.One jute bag costs ₹50 to make and Aarav sells it for ₹55. What is the markup in percent?
  21. 21.One handmade card costs ₹50 to make and Aarav sells it for ₹55. What is the markup in percent?
  22. 22.One potted plant costs ₹44 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One bag of popcorn costs ₹30 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One bag of popcorn costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One potted plant costs ₹20 to make and Meera sells it for ₹24. What is the markup in percent?
  27. 27.One painted pebble costs ₹50 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹36 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹45 to make and Nisha sells it for ₹90. What is the markup in percent?
  30. 30.One painted pebble costs ₹22 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹12 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹56 to make and Joseph sells it for ₹70. What is the markup in percent?
  33. 33.One painted pebble costs ₹12 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One bag of popcorn costs ₹50 to make and Dev sells it for ₹55. What is the markup in percent?
  36. 36.One potted plant costs ₹20 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One painted pebble costs ₹28 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One handmade card costs ₹18 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One cupcake costs ₹15 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One glass of chai costs ₹24 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 20
  2. 10 rupees
  3. 81
  4. 25
  5. 12
  6. 20
  7. 4
  8. 12
  9. a loss
  10. 39
  11. 4
  12. 20
  13. 60
  14. 70
  15. cost + a markup
  16. 66
  17. what buyers will pay
  18. 84
  19. 20
  20. 10
  21. 10
  22. 66
  23. 2
  24. 6
  25. 44
  26. 20
  27. 10
  28. 54
  29. 100
  30. 33
  31. 15
  32. 25
  33. 15
  34. 1
  35. 10
  36. 2
  37. 14
  38. 9
  39. 18
  40. 30

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