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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 239 · 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 ₹48 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One cup of lemonade costs ₹50 to make and Zoya sells it for ₹55. What is the markup in percent?
  3. 3.One clay diya costs ₹48 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One handmade card costs ₹24 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One fruit cup costs ₹52 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  7. 7.One painted pebble costs ₹11 to make and Ishaan sells it for ₹22. What is the markup in percent?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  9. 9.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  10. 10.One painted pebble costs ₹40 to make and Zoya sells it for ₹50. What is the markup in percent?
  11. 11.One paper bookmark costs ₹55 to make and Tara sells it for ₹66. What is the markup in percent?
  12. 12.One jute bag costs ₹38 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One cupcake costs ₹36 to make and Nisha sells it for ₹45. What is the markup in percent?
  14. 14.One friendship band costs ₹15 to make and Diya sells it for ₹18. What is the markup in percent?
  15. 15.One painted pebble costs ₹10 to make and Zoya sells it for ₹12. What is the markup in percent?
  16. 16.One friendship band costs ₹52 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹45 to make and Kavya sells it for ₹54. What is the markup in percent?
  19. 19.One cupcake costs ₹10 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹20 to make and Joseph sells it for ₹30. What is the markup in percent?
  22. 22.One paper bookmark costs ₹35 to make and Meera sells it for ₹70. What is the markup in percent?
  23. 23.One jute bag costs ₹10 to make and Aarav sells it for ₹12. What is the markup in percent?
  24. 24.One handmade card costs ₹50 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹10 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹15 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹39 to make and Arjun sells it for ₹78. What is the markup in percent?
  28. 28.One handmade card costs ₹52 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹16 to make and Rohan sells it for ₹20. What is the markup in percent?
  30. 30.One clay diya costs ₹32 to make and Meera sells it for ₹40. What is the markup in percent?
  31. 31.One potted plant costs ₹48 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One fruit cup costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One handmade card costs ₹41 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  35. 35.One handmade card costs ₹33 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One friendship band costs ₹16 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹16 to make and Meera sells it for ₹20. What is the markup in percent?
  38. 38.One jute bag costs ₹60 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One cupcake costs ₹15 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹48 to make and Farhan sells it for ₹60. What is the markup in percent?

Answer key

  1. 72
  2. 10
  3. 12
  4. 6
  5. 13
  6. cost + a markup
  7. 100
  8. 10 rupees
  9. a loss
  10. 25
  11. 20
  12. 19
  13. 25
  14. 20
  15. 20
  16. 13
  17. 55
  18. 20
  19. 5
  20. 11
  21. 50
  22. 100
  23. 20
  24. 5
  25. 1
  26. 18
  27. 100
  28. 78
  29. 25
  30. 25
  31. 24
  32. 2
  33. 41
  34. what buyers will pay
  35. 33
  36. 20
  37. 25
  38. 72
  39. 18
  40. 25

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