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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 254 · 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 cup of lemonade costs ₹30 to make and Meera sells it for ₹33. What is the markup in percent?
  2. 2.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) what buyers will pay (d) the weather only
  3. 3.One fruit cup costs ₹18 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One painted pebble costs ₹60 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹24 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  7. 7.One clay diya costs ₹28 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One jute bag costs ₹10 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  10. 10.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  11. 11.One potted plant costs ₹55 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One painted pebble costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One friendship band costs ₹25 to make and Rohan sells it for ₹30. What is the markup in percent?
  14. 14.One glass of chai costs ₹50 to make and Aarav sells it for ₹55. What is the markup in percent?
  15. 15.One cup of lemonade costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One glass of chai costs ₹32 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One fruit cup costs ₹54 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹30 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹44 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹40 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹20 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One cup of lemonade costs ₹31 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One jute bag costs ₹16 to make and Aarav sells it for ₹24. What is the markup in percent?
  27. 27.One glass of chai costs ₹28 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One paper bookmark costs ₹35 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One glass of chai costs ₹60 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One cup of lemonade costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹52 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹10 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  33. 33.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  34. 34.One jute bag costs ₹24 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹46 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹56 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹34 to make and Vihaan sells it for ₹51. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹22 to make and Ishaan sells it for ₹33. What is the markup in percent?
  39. 39.One clay diya costs ₹30 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹41 to make and Gurpreet sells it for ₹82. What is the markup in percent?

Answer key

  1. 10
  2. what buyers will pay
  3. 18
  4. 72
  5. 36
  6. cost + a markup
  7. 35
  8. 33
  9. 12
  10. a loss
  11. 11
  12. 33
  13. 20
  14. 10
  15. 11
  16. 40
  17. 27
  18. 3
  19. 11
  20. 1
  21. 55
  22. 10
  23. 24
  24. 62
  25. 66
  26. 50
  27. 28
  28. 42
  29. 60
  30. 1
  31. 13
  32. 12
  33. 10 rupees
  34. 36
  35. 69
  36. 70
  37. 50
  38. 50
  39. 33
  40. 100

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