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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 252 · 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 paper bookmark costs ₹50 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One handmade card costs ₹50 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One clay diya costs ₹20 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  6. 6.One painted pebble costs ₹15 to make and Tara sells it for ₹18. What is the markup in percent?
  7. 7.One clay diya costs ₹52 to make and Kavya sells it for ₹78. What is the markup in percent?
  8. 8.One potted plant costs ₹20 to make and Diya sells it for ₹25. What is the markup in percent?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  10. 10.One cupcake costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?
  11. 11.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost − a markup (d) cost + a markup
  12. 12.One handmade card costs ₹49 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One friendship band costs ₹32 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹20 to make and Lakshmi sells it for ₹22. What is the markup in percent?
  15. 15.One cupcake costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One potted plant costs ₹30 to make and Vihaan sells it for ₹36. What is the markup in percent?
  17. 17.One clay diya costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹38 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One painted pebble costs ₹20 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One painted pebble costs ₹55 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One glass of chai costs ₹33 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹50 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One friendship band costs ₹10 to make and Lakshmi sells it for ₹15. What is the markup in percent?
  24. 24.One paper bookmark costs ₹16 to make and Ananya sells it for ₹20. What is the markup in percent?
  25. 25.One fruit cup costs ₹10 to make and Meera sells it for ₹12. What is the markup in percent?
  26. 26.One handmade card costs ₹45 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One painted pebble costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  28. 28.One paper bookmark costs ₹29 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One glass of chai costs ₹48 to make and Vihaan sells it for ₹60. What is the markup in percent?
  30. 30.One cupcake costs ₹10 to make and Aarav sells it for ₹12. What is the markup in percent?
  31. 31.One painted pebble costs ₹46 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹18 to make and Zoya sells it for ₹27. What is the markup in percent?
  33. 33.One friendship band costs ₹42 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹18 to make and Tara sells it for ₹27. What is the markup in percent?
  35. 35.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  36. 36.One potted plant costs ₹56 to make and Ishaan sells it for ₹112. What is the markup in percent?
  37. 37.One cupcake costs ₹50 to make and Aarav sells it for ₹60. What is the markup in percent?
  38. 38.One friendship band costs ₹39 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One fruit cup costs ₹48 to make and Aarav sells it for ₹60. What is the markup in percent?
  40. 40.One cupcake costs ₹10 to make and Zoya sells it for ₹20. What is the markup in percent?

Answer key

  1. 55
  2. 55
  3. 25
  4. 2
  5. a loss
  6. 20
  7. 50
  8. 25
  9. 10 rupees
  10. 10
  11. cost + a markup
  12. 98
  13. 40
  14. 10
  15. 44
  16. 20
  17. 6
  18. 19
  19. 24
  20. 11
  21. 66
  22. 50
  23. 50
  24. 25
  25. 20
  26. 9
  27. 10
  28. 58
  29. 25
  30. 20
  31. 23
  32. 50
  33. 21
  34. 50
  35. what buyers will pay
  36. 100
  37. 20
  38. 39
  39. 25
  40. 100

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