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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 250 · 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 jute bag costs ₹50 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  3. 3.One potted plant costs ₹46 to make and Meera sells it for ₹92. What is the markup in percent?
  4. 4.One handmade card costs ₹50 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹50 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One friendship band costs ₹25 to make and Tara sells it for ₹30. What is the markup in percent?
  7. 7.One bag of popcorn costs ₹10 to make and Farhan sells it for ₹11. What is the markup in percent?
  8. 8.One potted plant costs ₹48 to make and Vihaan sells it for ₹60. What is the markup in percent?
  9. 9.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  10. 10.One fruit cup costs ₹48 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  11. 11.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  12. 12.One cupcake costs ₹13 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One cupcake costs ₹20 to make and Kabir sells it for ₹30. What is the markup in percent?
  14. 14.One painted pebble costs ₹44 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One paper bookmark costs ₹24 to make and Kavya sells it for ₹36. What is the markup in percent?
  16. 16.One painted pebble costs ₹20 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One jute bag costs ₹57 to make and Lakshmi sells it for ₹114. What is the markup in percent?
  18. 18.One paper bookmark costs ₹10 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹60 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  20. 20.One bag of popcorn costs ₹30 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One clay diya costs ₹25 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹36 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One jute bag costs ₹39 to make and Diya sells it for ₹78. What is the markup in percent?
  24. 24.One potted plant costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹10 to make and Arjun sells it for ₹11. What is the markup in percent?
  26. 26.One paper bookmark costs ₹60 to make and Kabir sells it for ₹66. What is the markup in percent?
  27. 27.One clay diya costs ₹16 to make and Riya sells it for ₹24. What is the markup in percent?
  28. 28.One jute bag costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  29. 29.One friendship band costs ₹34 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹34 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One painted pebble costs ₹40 to make and Rohan sells it for ₹48. What is the markup in percent?
  32. 32.One clay diya costs ₹46 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹29 to make and Ananya sells it for ₹58. What is the markup in percent?
  34. 34.One friendship band costs ₹28 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One jute bag costs ₹20 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹56 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹30 to make and Ananya sells it for ₹36. What is the markup in percent?
  38. 38.One handmade card costs ₹28 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One friendship band costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹38 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 55
  2. 10 rupees
  3. 100
  4. 55
  5. 55
  6. 20
  7. 10
  8. 25
  9. a loss
  10. 72
  11. what buyers will pay
  12. 26
  13. 50
  14. 44
  15. 50
  16. 2
  17. 100
  18. 1
  19. 10
  20. 36
  21. 5
  22. 54
  23. 100
  24. 44
  25. 10
  26. 10
  27. 50
  28. 10
  29. 17
  30. 17
  31. 20
  32. 23
  33. 100
  34. 14
  35. 10
  36. 14
  37. 20
  38. 7
  39. 33
  40. 38

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