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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 276 · 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 cupcake costs ₹40 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One handmade card costs ₹18 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One fruit cup costs ₹39 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹16 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One clay diya costs ₹15 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One paper bookmark costs ₹34 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹25 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  9. 9.One potted plant costs ₹44 to make and Zoya sells it for ₹55. What is the markup in percent?
  10. 10.One friendship band costs ₹19 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One paper bookmark costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹44 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One potted plant costs ₹40 to make and Tara sells it for ₹50. What is the markup in percent?
  14. 14.One cupcake costs ₹18 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One potted plant costs ₹50 to make and Zoya sells it for ₹60. What is the markup in percent?
  16. 16.One paper bookmark costs ₹18 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One cup of lemonade costs ₹54 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One jute bag costs ₹17 to make and Diya sells it for ₹34. What is the markup in percent?
  20. 20.One potted plant costs ₹42 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹60 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹60 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹40 to make and Farhan sells it for ₹44. What is the markup in percent?
  25. 25.One cupcake costs ₹30 to make and Arjun sells it for ₹45. What is the markup in percent?
  26. 26.One handmade card costs ₹24 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One painted pebble costs ₹20 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  29. 29.One jute bag costs ₹20 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One painted pebble costs ₹58 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One friendship band costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  33. 33.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  34. 34.One handmade card costs ₹25 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One paper bookmark costs ₹17 to make and Rohan sells it for ₹34. What is the markup in percent?
  36. 36.One cupcake costs ₹50 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹60 to make and Farhan sells it for ₹66. What is the markup in percent?
  38. 38.One painted pebble costs ₹45 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One paper bookmark costs ₹10 to make and Zoya sells it for ₹12. What is the markup in percent?
  40. 40.One bag of popcorn costs ₹50 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 60
  2. 36
  3. 78
  4. 4
  5. 18
  6. 51
  7. 5
  8. 10 rupees
  9. 25
  10. 19
  11. 22
  12. 55
  13. 25
  14. 9
  15. 20
  16. 36
  17. 1
  18. 54
  19. 100
  20. 63
  21. 12
  22. 72
  23. 55
  24. 10
  25. 50
  26. 12
  27. 5
  28. what buyers will pay
  29. 24
  30. 11
  31. 87
  32. 55
  33. cost + a markup
  34. 5
  35. 100
  36. 50
  37. 10
  38. 54
  39. 20
  40. 55

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