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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 277 · 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 jute bag costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  2. 2.One handmade card costs ₹16 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹60 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One cup of lemonade costs ₹31 to make and Farhan sells it for ₹62. What is the markup in percent?
  5. 5.One cup of lemonade costs ₹35 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One cupcake costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One bag of popcorn costs ₹10 to make. Kabir adds a 20% markup. What is the selling price (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 clay diya costs ₹16 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹20 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One bag of popcorn costs ₹44 to make and Kabir sells it for ₹88. What is the markup in percent?
  12. 12.One jute bag costs ₹55 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One fruit cup costs ₹10 to make and Meera sells it for ₹15. What is the markup in percent?
  14. 14.One clay diya costs ₹30 to make and Rohan sells it for ₹33. What is the markup in percent?
  15. 15.One handmade card costs ₹10 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One handmade card costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One cup of lemonade costs ₹20 to make and Aarav sells it for ₹30. What is the markup in percent?
  18. 18.One paper bookmark costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One fruit cup costs ₹52 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One glass of chai costs ₹10 to make and Aarav sells it for ₹12. What is the markup in percent?
  22. 22.One jute bag costs ₹20 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One paper bookmark costs ₹50 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  25. 25.One cup of lemonade costs ₹24 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One cup of lemonade costs ₹40 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One handmade card costs ₹34 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹15 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One fruit cup costs ₹30 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹28 to make and Saanvi sells it for ₹56. What is the markup in percent?
  32. 32.One paper bookmark costs ₹24 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹60 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹40 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹14 to make and Vihaan sells it for ₹21. What is the markup in percent?
  36. 36.One paper bookmark costs ₹42 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹11 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One cupcake costs ₹58 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One friendship band costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One potted plant costs ₹16 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 20
  3. 15
  4. 100
  5. 7
  6. 66
  7. 12
  8. 10 rupees
  9. 20
  10. 2
  11. 100
  12. 11
  13. 50
  14. 10
  15. 1
  16. 2
  17. 50
  18. 44
  19. 78
  20. 6
  21. 20
  22. 2
  23. 75
  24. 10
  25. 30
  26. 4
  27. 51
  28. 11
  29. 3
  30. 15
  31. 100
  32. 30
  33. 66
  34. 10
  35. 50
  36. 84
  37. 11
  38. 29
  39. 1
  40. 20

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