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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 227 · 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 bag of popcorn costs ₹18 to make and Diya sells it for ₹36. What is the markup in percent?
  2. 2.One handmade card costs ₹38 to make and Diya sells it for ₹57. What is the markup in percent?
  3. 3.One bag of popcorn costs ₹25 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One paper bookmark costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  6. 6.One cup of lemonade costs ₹18 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹26 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One clay diya costs ₹20 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One fruit cup costs ₹24 to make and Ishaan sells it for ₹36. What is the markup in percent?
  10. 10.One glass of chai costs ₹48 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One cupcake costs ₹16 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹24 to make and Rohan sells it for ₹36. What is the markup in percent?
  13. 13.One handmade card costs ₹15 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One cupcake costs ₹52 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One bag of popcorn costs ₹14 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹52 to make and Nisha sells it for ₹78. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹10 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One glass of chai costs ₹46 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹12 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹30 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  23. 23.One paper bookmark costs ₹29 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹10 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  25. 25.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  26. 26.One bag of popcorn costs ₹20 to make and Lakshmi sells it for ₹25. What is the markup in percent?
  27. 27.One cup of lemonade costs ₹34 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  29. 29.One glass of chai costs ₹20 to make and Kavya sells it for ₹22. What is the markup in percent?
  30. 30.One handmade card costs ₹10 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹35 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹51 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One cupcake costs ₹20 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One paper bookmark costs ₹50 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One potted plant costs ₹25 to make and Dev sells it for ₹30. What is the markup in percent?
  36. 36.One painted pebble costs ₹19 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹30 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹28 to make and Aarav sells it for ₹35. What is the markup in percent?
  39. 39.One handmade card costs ₹15 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One bag of popcorn costs ₹50 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 100
  2. 50
  3. 30
  4. 5
  5. cost + a markup
  6. 9
  7. 13
  8. 24
  9. 50
  10. 48
  11. 20
  12. 50
  13. 18
  14. 78
  15. 7
  16. 50
  17. 12
  18. 33
  19. 69
  20. 6
  21. 6
  22. a loss
  23. 58
  24. 15
  25. 10 rupees
  26. 25
  27. 17
  28. 10
  29. 10
  30. 10
  31. 70
  32. 51
  33. 30
  34. 10
  35. 20
  36. 38
  37. 36
  38. 25
  39. 3
  40. 55

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