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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 240 · 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 fruit cup costs ₹12 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One clay diya costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
  3. 3.One potted plant costs ₹56 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One jute bag costs ₹22 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One glass of chai costs ₹55 to make and Dev sells it for ₹66. What is the markup in percent?
  7. 7.One painted pebble costs ₹14 to make and Farhan sells it for ₹28. What is the markup in percent?
  8. 8.One potted plant costs ₹33 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One jute bag costs ₹36 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.One cup of lemonade costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹16 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One clay diya costs ₹28 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One fruit cup costs ₹60 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One handmade card costs ₹30 to make and Kabir sells it for ₹33. What is the markup in percent?
  15. 15.One handmade card costs ₹52 to make and Aarav sells it for ₹65. What is the markup in percent?
  16. 16.One handmade card costs ₹56 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹40 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  19. 19.One glass of chai costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  20. 20.One cup of lemonade costs ₹25 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One potted plant costs ₹56 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One cupcake costs ₹52 to make and Rohan sells it for ₹65. What is the markup in percent?
  23. 23.One paper bookmark costs ₹10 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  24. 24.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  25. 25.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  26. 26.One glass of chai costs ₹30 to make and Vihaan sells it for ₹33. What is the markup in percent?
  27. 27.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  28. 28.One paper bookmark costs ₹12 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹40 to make and Dev sells it for ₹50. What is the markup in percent?
  30. 30.One paper bookmark costs ₹40 to make and Kavya sells it for ₹48. What is the markup in percent?
  31. 31.One painted pebble costs ₹60 to make and Kavya sells it for ₹72. What is the markup in percent?
  32. 32.One friendship band costs ₹60 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One fruit cup costs ₹24 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹11 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹40 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One cupcake costs ₹10 to make and Ananya sells it for ₹12. What is the markup in percent?
  37. 37.One friendship band costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹10 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹10 to make and Arjun sells it for ₹15. What is the markup in percent?
  40. 40.One potted plant costs ₹36 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 24
  2. 10
  3. 14
  4. 2
  5. 33
  6. 20
  7. 100
  8. 66
  9. 9
  10. 44
  11. 20
  12. 14
  13. 66
  14. 10
  15. 25
  16. 70
  17. 48
  18. 10 rupees
  19. 10
  20. 30
  21. 14
  22. 25
  23. 11
  24. cost + a markup
  25. what buyers will pay
  26. 10
  27. a loss
  28. 15
  29. 25
  30. 20
  31. 20
  32. 30
  33. 6
  34. 22
  35. 80
  36. 20
  37. 44
  38. 5
  39. 50
  40. 18

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