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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 26 · 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 friendship band costs ₹60 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One potted plant costs ₹23 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One bag of popcorn costs ₹56 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One painted pebble costs ₹30 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One clay diya costs ₹15 to make and Dev sells it for ₹30. What is the markup in percent?
  6. 6.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
  7. 7.One paper bookmark costs ₹15 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One friendship band costs ₹54 to make and Arjun sells it for ₹81. What is the markup in percent?
  9. 9.One clay diya costs ₹16 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  11. 11.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  12. 12.One painted pebble costs ₹25 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹40 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹11 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One clay diya costs ₹50 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One handmade card costs ₹46 to make and Ananya sells it for ₹69. What is the markup in percent?
  17. 17.One paper bookmark costs ₹40 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One friendship band costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹16 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹36 to make and Aarav sells it for ₹45. What is the markup in percent?
  21. 21.One potted plant costs ₹10 to make and Riya sells it for ₹11. What is the markup in percent?
  22. 22.One friendship band costs ₹40 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹30 to make and Zoya sells it for ₹33. What is the markup in percent?
  24. 24.One jute bag costs ₹60 to make and Dev sells it for ₹66. What is the markup in percent?
  25. 25.One cupcake costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  26. 26.One cupcake costs ₹20 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹60 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹36 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One glass of chai costs ₹40 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹44 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹20 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One bag of popcorn costs ₹25 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One fruit cup costs ₹10 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One fruit cup costs ₹15 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹60 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One jute bag costs ₹54 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One clay diya costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹40 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹45 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹34 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 75
  2. 46
  3. 70
  4. 33
  5. 100
  6. a loss
  7. 18
  8. 50
  9. 8
  10. cost + a markup
  11. what buyers will pay
  12. 30
  13. 20
  14. 22
  15. 10
  16. 50
  17. 4
  18. 22
  19. 16
  20. 25
  21. 10
  22. 44
  23. 10
  24. 10
  25. 10
  26. 24
  27. 72
  28. 54
  29. 10
  30. 11
  31. 2
  32. 30
  33. 10
  34. 3
  35. 60
  36. 27
  37. 6
  38. 50
  39. 90
  40. 51

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