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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 278 · 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 bag of popcorn costs ₹10 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹12 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  4. 4.One potted plant costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One clay diya costs ₹20 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹10 to make. Lakshmi 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) 5 rupees (d) 10 rupees
  9. 9.One painted pebble costs ₹20 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One cupcake costs ₹58 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One cup of lemonade costs ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One glass of chai costs ₹21 to make and Gurpreet sells it for ₹42. What is the markup in percent?
  13. 13.One painted pebble costs ₹60 to make and Aarav sells it for ₹75. What is the markup in percent?
  14. 14.One fruit cup costs ₹46 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One handmade card costs ₹48 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One jute bag costs ₹10 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One bag of popcorn costs ₹32 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹36 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One fruit cup costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  21. 21.One friendship band costs ₹20 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹11 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One painted pebble costs ₹40 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One cupcake costs ₹28 to make and Joseph sells it for ₹35. What is the markup in percent?
  25. 25.One handmade card costs ₹20 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One bag of popcorn costs ₹35 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹60 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹20 to make and Kabir sells it for ₹22. What is the markup in percent?
  29. 29.One bag of popcorn costs ₹48 to make and Diya sells it for ₹96. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  31. 31.One friendship band costs ₹15 to make and Dev sells it for ₹18. What is the markup in percent?
  32. 32.One painted pebble costs ₹44 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹30 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹42 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹42 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One cupcake costs ₹57 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One fruit cup costs ₹12 to make and Lakshmi sells it for ₹15. What is the markup in percent?
  38. 38.One fruit cup costs ₹60 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹44 to make and Zoya sells it for ₹55. What is the markup in percent?
  40. 40.One cupcake costs ₹20 to make and Nisha sells it for ₹22. What is the markup in percent?

Answer key

  1. 12
  2. 24
  3. cost + a markup
  4. 15
  5. 44
  6. 4
  7. 12
  8. 10 rupees
  9. 2
  10. 58
  11. 60
  12. 100
  13. 25
  14. 23
  15. 12
  16. 15
  17. 8
  18. 9
  19. 3
  20. a loss
  21. 2
  22. 22
  23. 8
  24. 25
  25. 22
  26. 42
  27. 6
  28. 10
  29. 100
  30. 10
  31. 20
  32. 66
  33. 6
  34. 63
  35. 42
  36. 57
  37. 25
  38. 15
  39. 25
  40. 10

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