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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 269 · 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 ₹15 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  3. 3.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  4. 4.One cupcake costs ₹30 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One cup of lemonade costs ₹19 to make and Lakshmi sells it for ₹38. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹45 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One friendship band costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One handmade card costs ₹37 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One bag of popcorn costs ₹20 to make and Diya sells it for ₹30. What is the markup in percent?
  10. 10.One friendship band costs ₹41 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One glass of chai costs ₹16 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹28 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  14. 14.One paper bookmark costs ₹32 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  15. 15.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  16. 16.One handmade card costs ₹50 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹37 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One friendship band costs ₹32 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One fruit cup costs ₹19 to make and Zoya sells it for ₹38. What is the markup in percent?
  20. 20.One handmade card costs ₹20 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹26 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹30 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One paper bookmark costs ₹54 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  24. 24.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  25. 25.One clay diya costs ₹30 to make and Zoya sells it for ₹33. What is the markup in percent?
  26. 26.One glass of chai costs ₹60 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  27. 27.One fruit cup costs ₹21 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹56 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹25 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹28 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹24 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One handmade card costs ₹38 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One fruit cup costs ₹40 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One bag of popcorn costs ₹60 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹12 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One cup of lemonade costs ₹32 to make and Diya sells it for ₹48. What is the markup in percent?
  38. 38.One potted plant costs ₹45 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹30 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹40 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 30
  2. 10 rupees
  3. what buyers will pay
  4. 3
  5. 100
  6. 54
  7. 1
  8. 37
  9. 50
  10. 41
  11. 16
  12. 28
  13. 10
  14. 64
  15. cost + a markup
  16. 60
  17. 74
  18. 48
  19. 100
  20. 25
  21. 39
  22. 6
  23. 81
  24. a loss
  25. 10
  26. 10
  27. 21
  28. 84
  29. 5
  30. 35
  31. 6
  32. 19
  33. 4
  34. 6
  35. 15
  36. 24
  37. 50
  38. 9
  39. 3
  40. 10

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