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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 246 · 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 cupcake costs ₹43 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One cupcake costs ₹60 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One potted plant costs ₹26 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  5. 5.One bag of popcorn costs ₹15 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  7. 7.One painted pebble costs ₹24 to make and Ananya sells it for ₹30. What is the markup in percent?
  8. 8.One friendship band costs ₹30 to make and Arjun sells it for ₹45. What is the markup in percent?
  9. 9.One clay diya costs ₹26 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One bag of popcorn costs ₹58 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One paper bookmark costs ₹50 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One bag of popcorn costs ₹56 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One handmade card costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One jute bag costs ₹12 to make and Kabir sells it for ₹18. What is the markup in percent?
  17. 17.One glass of chai costs ₹29 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹12 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One clay diya costs ₹14 to make and Aarav sells it for ₹21. What is the markup in percent?
  20. 20.One clay diya costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹15 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹49 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹44 to make and Meera sells it for ₹55. What is the markup in percent?
  25. 25.One friendship band costs ₹40 to make and Riya sells it for ₹60. What is the markup in percent?
  26. 26.One cup of lemonade costs ₹12 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹18 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹10 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One cup of lemonade costs ₹45 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹40 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹13 to make and Riya sells it for ₹26. What is the markup in percent?
  32. 32.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  33. 33.One clay diya costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹60 to make and Tara sells it for ₹120. What is the markup in percent?
  36. 36.One handmade card costs ₹30 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹12 to make and Vihaan sells it for ₹15. What is the markup in percent?
  38. 38.One jute bag costs ₹60 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One cupcake costs ₹28 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One cup of lemonade costs ₹33 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 43
  2. 15
  3. 13
  4. cost + a markup
  5. 18
  6. 10 rupees
  7. 25
  8. 50
  9. 39
  10. 116
  11. 33
  12. 5
  13. 70
  14. 11
  15. 9
  16. 50
  17. 58
  18. 3
  19. 50
  20. 44
  21. 66
  22. 3
  23. 98
  24. 25
  25. 50
  26. 15
  27. 27
  28. 11
  29. 90
  30. 48
  31. 100
  32. what buyers will pay
  33. 44
  34. 11
  35. 100
  36. 33
  37. 25
  38. 72
  39. 7
  40. 33

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