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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 24 · 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 handmade card costs ₹50 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One cupcake costs ₹20 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One painted pebble costs ₹48 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹52 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  7. 7.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  8. 8.One cup of lemonade costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One painted pebble costs ₹40 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.One glass of chai costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  11. 11.One clay diya costs ₹20 to make and Kavya sells it for ₹22. What is the markup in percent?
  12. 12.One paper bookmark costs ₹12 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One cupcake costs ₹34 to make and Dev sells it for ₹51. What is the markup in percent?
  14. 14.One fruit cup costs ₹50 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹50 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One potted plant costs ₹60 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One jute bag costs ₹50 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One handmade card costs ₹54 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One clay diya costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  20. 20.One friendship band costs ₹20 to make and Saanvi sells it for ₹22. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹60 to make and Diya sells it for ₹90. What is the markup in percent?
  22. 22.One glass of chai costs ₹30 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One cupcake costs ₹28 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹60 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹50 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹44 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One bag of popcorn costs ₹15 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One potted plant costs ₹20 to make and Riya sells it for ₹24. What is the markup in percent?
  29. 29.One bag of popcorn costs ₹30 to make and Aarav sells it for ₹36. What is the markup in percent?
  30. 30.One friendship band costs ₹30 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One glass of chai costs ₹50 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹31 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One bag of popcorn costs ₹35 to make and Vihaan sells it for ₹70. What is the markup in percent?
  34. 34.One paper bookmark costs ₹44 to make and Saanvi sells it for ₹66. What is the markup in percent?
  35. 35.One handmade card costs ₹20 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  37. 37.One handmade card costs ₹50 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹52 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One cupcake costs ₹24 to make and Gurpreet sells it for ₹36. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹16 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 25
  2. 4
  3. 12
  4. 65
  5. what buyers will pay
  6. 10 rupees
  7. a loss
  8. 4
  9. 10
  10. 10
  11. 10
  12. 24
  13. 50
  14. 55
  15. 60
  16. 60
  17. 5
  18. 27
  19. 10
  20. 10
  21. 50
  22. 33
  23. 42
  24. 66
  25. 10
  26. 11
  27. 3
  28. 20
  29. 20
  30. 6
  31. 55
  32. 62
  33. 100
  34. 50
  35. 2
  36. 10
  37. 50
  38. 65
  39. 50
  40. 4

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