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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 264 · 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 painted pebble costs ₹44 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹17 to make and Nisha sells it for ₹34. What is the markup in percent?
  3. 3.One glass of chai costs ₹12 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One cup of lemonade costs ₹55 to make and Arjun sells it for ₹66. What is the markup in percent?
  5. 5.One cup of lemonade costs ₹50 to make and Diya sells it for ₹55. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹15 to make and Aarav sells it for ₹18. What is the markup in percent?
  7. 7.One potted plant costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  9. 9.One handmade card costs ₹19 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹12 to make and Riya sells it for ₹15. What is the markup in percent?
  11. 11.One painted pebble costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹25 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹28 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One potted plant costs ₹30 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One bag of popcorn costs ₹16 to make and Kabir sells it for ₹24. What is the markup in percent?
  16. 16.One fruit cup costs ₹11 to make and Tara sells it for ₹22. What is the markup in percent?
  17. 17.One painted pebble costs ₹20 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹10 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹30 to make and Saanvi sells it for ₹36. What is the markup in percent?
  20. 20.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  21. 21.One handmade card costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹30 to make and Kavya sells it for ₹33. What is the markup in percent?
  23. 23.One potted plant costs ₹55 to make and Saanvi sells it for ₹66. What is the markup in percent?
  24. 24.One friendship band costs ₹51 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One potted plant costs ₹22 to make and Nisha sells it for ₹33. What is the markup in percent?
  26. 26.One friendship band costs ₹45 to make and Farhan sells it for ₹54. What is the markup in percent?
  27. 27.One paper bookmark costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹44 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One cup of lemonade costs ₹15 to make and Rohan sells it for ₹18. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹50 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹14 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One handmade card costs ₹23 to make and Riya sells it for ₹46. What is the markup in percent?
  34. 34.One fruit cup costs ₹50 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One painted pebble costs ₹26 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹55 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  37. 37.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  38. 38.One handmade card costs ₹20 to make and Dev sells it for ₹22. What is the markup in percent?
  39. 39.One potted plant costs ₹38 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One paper bookmark costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?

Answer key

  1. 22
  2. 100
  3. 12
  4. 20
  5. 10
  6. 20
  7. 18
  8. what buyers will pay
  9. 38
  10. 25
  11. 55
  12. 5
  13. 7
  14. 3
  15. 50
  16. 100
  17. 24
  18. 1
  19. 20
  20. cost + a markup
  21. 15
  22. 10
  23. 20
  24. 102
  25. 50
  26. 20
  27. 1
  28. 2
  29. 11
  30. 20
  31. 60
  32. 14
  33. 100
  34. 25
  35. 26
  36. 66
  37. 10 rupees
  38. 10
  39. 57
  40. 10

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