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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 217 · 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 ₹36 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹20 to make and Joseph sells it for ₹40. What is the markup in percent?
  3. 3.One potted plant costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One bag of popcorn costs ₹30 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One potted plant costs ₹12 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One cupcake costs ₹56 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  8. 8.One cupcake costs ₹11 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One handmade card costs ₹25 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  11. 11.One cup of lemonade costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹40 to make and Farhan sells it for ₹44. What is the markup in percent?
  13. 13.One clay diya costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  14. 14.One paper bookmark costs ₹50 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹49 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One cupcake costs ₹39 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹20 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One paper bookmark costs ₹45 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹60 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹20 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹53 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹12 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One painted pebble costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹28 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One cupcake costs ₹40 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹13 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One potted plant costs ₹56 to make and Dev sells it for ₹84. What is the markup in percent?
  28. 28.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  29. 29.One fruit cup costs ₹50 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹30 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One friendship band costs ₹10 to make and Meera sells it for ₹12. What is the markup in percent?
  32. 32.One painted pebble costs ₹40 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹26 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹48 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹22 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹11 to make and Nisha sells it for ₹22. What is the markup in percent?
  37. 37.One jute bag costs ₹28 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  39. 39.One bag of popcorn costs ₹44 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹15 to make. Diya adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 72
  2. 100
  3. 1
  4. 3
  5. 3
  6. 56
  7. cost + a markup
  8. 11
  9. 5
  10. a loss
  11. 2
  12. 10
  13. 10
  14. 55
  15. 98
  16. 78
  17. 10
  18. 54
  19. 12
  20. 40
  21. 106
  22. 15
  23. 11
  24. 7
  25. 40
  26. 26
  27. 50
  28. 10 rupees
  29. 75
  30. 36
  31. 20
  32. 48
  33. 39
  34. 60
  35. 11
  36. 100
  37. 14
  38. what buyers will pay
  39. 66
  40. 18

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