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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 259 · 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 ₹13 to make and Farhan sells it for ₹26. What is the markup in percent?
  2. 2.One glass of chai costs ₹50 to make and Diya sells it for ₹55. What is the markup in percent?
  3. 3.One bag of popcorn costs ₹35 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One potted plant costs ₹50 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹48 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  8. 8.One bag of popcorn costs ₹40 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One glass of chai costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  11. 11.One cup of lemonade costs ₹26 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One clay diya costs ₹18 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One painted pebble costs ₹36 to make and Rohan sells it for ₹45. What is the markup in percent?
  14. 14.One paper bookmark costs ₹34 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One friendship band costs ₹50 to make and Ananya sells it for ₹60. What is the markup in percent?
  16. 16.One clay diya costs ₹30 to make and Tara sells it for ₹36. What is the markup in percent?
  17. 17.One clay diya costs ₹32 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One paper bookmark costs ₹28 to make and Lakshmi sells it for ₹35. What is the markup in percent?
  20. 20.One friendship band costs ₹24 to make and Ishaan sells it for ₹48. What is the markup in percent?
  21. 21.One friendship band costs ₹15 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One fruit cup costs ₹48 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One glass of chai costs ₹30 to make and Ishaan sells it for ₹33. What is the markup in percent?
  24. 24.One clay diya costs ₹52 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One glass of chai costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  26. 26.One potted plant costs ₹16 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One handmade card costs ₹36 to make and Zoya sells it for ₹45. What is the markup in percent?
  29. 29.One painted pebble costs ₹40 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One clay diya costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹57 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹20 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One cupcake costs ₹45 to make and Aarav sells it for ₹54. What is the markup in percent?
  35. 35.One cupcake costs ₹55 to make and Diya sells it for ₹66. What is the markup in percent?
  36. 36.One paper bookmark costs ₹25 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One paper bookmark costs ₹19 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One potted plant costs ₹57 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One cupcake costs ₹20 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One friendship band costs ₹35 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 100
  2. 10
  3. 70
  4. 5
  5. 48
  6. a loss
  7. 10 rupees
  8. 44
  9. 11
  10. cost + a markup
  11. 26
  12. 9
  13. 25
  14. 34
  15. 20
  16. 20
  17. 48
  18. 11
  19. 25
  20. 100
  21. 3
  22. 24
  23. 10
  24. 52
  25. 10
  26. 24
  27. 1
  28. 25
  29. 4
  30. 22
  31. 114
  32. 11
  33. 24
  34. 20
  35. 20
  36. 5
  37. 38
  38. 114
  39. 24
  40. 70

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