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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 236 · 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.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  2. 2.One cup of lemonade costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  4. 4.One cupcake costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost − a markup (d) cost + a markup
  6. 6.One handmade card costs ₹28 to make and Rohan sells it for ₹42. What is the markup in percent?
  7. 7.One cup of lemonade costs ₹26 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹36 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One glass of chai costs ₹32 to make and Tara sells it for ₹40. What is the markup in percent?
  10. 10.One glass of chai costs ₹46 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.One clay diya costs ₹16 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One handmade card costs ₹20 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One paper bookmark costs ₹20 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One cupcake costs ₹60 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One clay diya costs ₹17 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹54 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One fruit cup costs ₹40 to make and Kabir sells it for ₹48. What is the markup in percent?
  18. 18.One jute bag costs ₹46 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹40 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One painted pebble costs ₹40 to make and Vihaan sells it for ₹50. What is the markup in percent?
  21. 21.One paper bookmark costs ₹16 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹50 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹28 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One friendship band costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One cupcake costs ₹15 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹48 to make and Zoya sells it for ₹60. What is the markup in percent?
  27. 27.One bag of popcorn costs ₹55 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  28. 28.One glass of chai costs ₹48 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹26 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One jute bag costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹13 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One painted pebble costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  34. 34.One cupcake costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One glass of chai costs ₹12 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹55 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  38. 38.One potted plant costs ₹12 to make and Ananya sells it for ₹15. What is the markup in percent?
  39. 39.One glass of chai costs ₹10 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One paper bookmark costs ₹16 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. a loss
  2. 11
  3. 10 rupees
  4. 5
  5. cost + a markup
  6. 50
  7. 52
  8. 36
  9. 25
  10. 23
  11. 16
  12. 5
  13. 24
  14. 75
  15. 34
  16. 81
  17. 20
  18. 46
  19. 44
  20. 25
  21. 4
  22. 75
  23. 7
  24. 11
  25. 18
  26. 25
  27. 20
  28. 24
  29. 2
  30. 39
  31. 66
  32. 13
  33. 10
  34. 22
  35. 15
  36. 11
  37. 10
  38. 25
  39. 12
  40. 16

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