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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 223 · 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 glass of chai costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹38 to make and Kabir sells it for ₹76. What is the markup in percent?
  3. 3.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  4. 4.One painted pebble costs ₹32 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One cupcake costs ₹56 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One friendship band costs ₹15 to make and Farhan sells it for ₹30. What is the markup in percent?
  7. 7.One cupcake costs ₹25 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  10. 10.One cupcake costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  11. 11.One potted plant costs ₹12 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One cupcake costs ₹48 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One bag of popcorn costs ₹33 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹16 to make and Meera sells it for ₹32. What is the markup in percent?
  15. 15.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  16. 16.One cupcake costs ₹20 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹30 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One fruit cup costs ₹52 to make and Tara sells it for ₹65. What is the markup in percent?
  19. 19.One glass of chai costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One bag of popcorn costs ₹22 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One jute bag costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One bag of popcorn costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One paper bookmark costs ₹18 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One painted pebble costs ₹48 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹11 to make and Diya sells it for ₹22. What is the markup in percent?
  26. 26.One bag of popcorn costs ₹12 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹19 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One handmade card costs ₹28 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One cupcake costs ₹45 to make and Zoya sells it for ₹90. What is the markup in percent?
  31. 31.One painted pebble costs ₹12 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹48 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹26 to make and Tara sells it for ₹52. What is the markup in percent?
  34. 34.One cup of lemonade costs ₹16 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹30 to make and Arjun sells it for ₹33. What is the markup in percent?
  36. 36.One friendship band costs ₹40 to make and Tara sells it for ₹50. What is the markup in percent?
  37. 37.One friendship band costs ₹15 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One cup of lemonade costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One painted pebble costs ₹40 to make and Ishaan sells it for ₹48. What is the markup in percent?
  40. 40.One friendship band costs ₹40 to make. Diya adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 33
  2. 100
  3. what buyers will pay
  4. 48
  5. 70
  6. 100
  7. 30
  8. a loss
  9. 10 rupees
  10. 10
  11. 15
  12. 12
  13. 66
  14. 100
  15. cost + a markup
  16. 24
  17. 6
  18. 25
  19. 55
  20. 33
  21. 12
  22. 1
  23. 27
  24. 60
  25. 100
  26. 3
  27. 19
  28. 7
  29. 1
  30. 100
  31. 3
  32. 48
  33. 100
  34. 20
  35. 10
  36. 25
  37. 18
  38. 22
  39. 20
  40. 48

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