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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 209 · 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 clay diya costs ₹40 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One painted pebble costs ₹58 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  4. 4.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) your favourite number (d) the weather only
  5. 5.One paper bookmark costs ₹60 to make and Aarav sells it for ₹75. What is the markup in percent?
  6. 6.One clay diya costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  7. 7.One clay diya costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One cup of lemonade costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  9. 9.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  10. 10.One paper bookmark costs ₹45 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹10 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹54 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One glass of chai costs ₹30 to make and Rohan sells it for ₹60. What is the markup in percent?
  15. 15.One bag of popcorn costs ₹52 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One glass of chai costs ₹40 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹25 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One friendship band costs ₹52 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One bag of popcorn costs ₹45 to make and Nisha sells it for ₹90. What is the markup in percent?
  20. 20.One painted pebble costs ₹28 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹14 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One cupcake costs ₹15 to make and Kabir sells it for ₹18. What is the markup in percent?
  23. 23.One glass of chai costs ₹51 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One cupcake costs ₹44 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹59 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹40 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One handmade card costs ₹36 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹30 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹40 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹12 to make and Aarav sells it for ₹18. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹10 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  33. 33.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  34. 34.One painted pebble costs ₹30 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One cupcake costs ₹54 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  38. 38.One fruit cup costs ₹35 to make and Ishaan sells it for ₹42. What is the markup in percent?
  39. 39.One handmade card costs ₹20 to make and Arjun sells it for ₹30. What is the markup in percent?
  40. 40.One cupcake costs ₹48 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 20
  2. 29
  3. a loss
  4. what buyers will pay
  5. 25
  6. 10
  7. 15
  8. 11
  9. cost + a markup
  10. 54
  11. 12
  12. 66
  13. 81
  14. 100
  15. 78
  16. 4
  17. 5
  18. 65
  19. 100
  20. 56
  21. 7
  22. 20
  23. 102
  24. 22
  25. 118
  26. 22
  27. 40
  28. 9
  29. 3
  30. 80
  31. 50
  32. 15
  33. 10 rupees
  34. 33
  35. 4
  36. 81
  37. 10
  38. 20
  39. 50
  40. 48

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