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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 237 · 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 potted plant costs ₹40 to make and Dev sells it for ₹48. What is the markup in percent?
  2. 2.One cup of lemonade costs ₹10 to make and Ishaan sells it for ₹12. What is the markup in percent?
  3. 3.One paper bookmark costs ₹55 to make and Nisha sells it for ₹66. What is the markup in percent?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  5. 5.One cup of lemonade costs ₹32 to make and Kavya sells it for ₹48. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹36 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  8. 8.One cup of lemonade costs ₹53 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One glass of chai costs ₹10 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One potted plant costs ₹50 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One paper bookmark costs ₹52 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One cup of lemonade costs ₹16 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  14. 14.One painted pebble costs ₹40 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One cup of lemonade costs ₹50 to make and Riya sells it for ₹100. What is the markup in percent?
  16. 16.One glass of chai costs ₹28 to make and Diya sells it for ₹56. What is the markup in percent?
  17. 17.One handmade card costs ₹44 to make and Meera sells it for ₹55. What is the markup in percent?
  18. 18.One bag of popcorn costs ₹18 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One bag of popcorn costs ₹15 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One fruit cup costs ₹16 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹40 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹15 to make and Riya sells it for ₹18. What is the markup in percent?
  23. 23.One friendship band costs ₹10 to make and Arjun sells it for ₹11. What is the markup in percent?
  24. 24.One painted pebble costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  25. 25.One painted pebble costs ₹48 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹60 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹35 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹22 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One potted plant costs ₹36 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹10 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One painted pebble costs ₹27 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One paper bookmark costs ₹54 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹10 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  38. 38.One painted pebble costs ₹30 to make and Meera sells it for ₹45. What is the markup in percent?
  39. 39.One clay diya costs ₹14 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹16 to make and Rohan sells it for ₹24. What is the markup in percent?

Answer key

  1. 20
  2. 20
  3. 20
  4. 10 rupees
  5. 50
  6. 9
  7. cost + a markup
  8. 53
  9. 1
  10. 5
  11. 13
  12. 4
  13. 10
  14. 8
  15. 100
  16. 100
  17. 25
  18. 27
  19. 18
  20. 8
  21. 60
  22. 20
  23. 10
  24. 10
  25. 12
  26. 75
  27. 42
  28. 33
  29. 22
  30. 45
  31. 5
  32. 22
  33. 44
  34. 27
  35. 81
  36. 5
  37. a loss
  38. 50
  39. 7
  40. 50

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