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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 28 · 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 ₹45 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹60 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.One handmade card costs ₹24 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One bag of popcorn costs ₹10 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One fruit cup costs ₹40 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One fruit cup costs ₹32 to make and Ishaan sells it for ₹64. What is the markup in percent?
  7. 7.One handmade card costs ₹30 to make and Gurpreet sells it for ₹36. What is the markup in percent?
  8. 8.One bag of popcorn costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  9. 9.One cupcake costs ₹10 to make and Kavya sells it for ₹11. What is the markup in percent?
  10. 10.One cupcake costs ₹15 to make and Meera sells it for ₹18. What is the markup in percent?
  11. 11.One jute bag costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One handmade card costs ₹46 to make and Riya sells it for ₹92. What is the markup in percent?
  13. 13.One handmade card costs ₹28 to make and Rohan sells it for ₹35. What is the markup in percent?
  14. 14.One friendship band costs ₹18 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  15. 15.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  16. 16.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  17. 17.One bag of popcorn costs ₹59 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹36 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  19. 19.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
  20. 20.One painted pebble costs ₹50 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹20 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One cupcake costs ₹40 to make and Aarav sells it for ₹50. What is the markup in percent?
  24. 24.One paper bookmark costs ₹37 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹12 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹28 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One potted plant costs ₹26 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹20 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹52 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹10 to make and Diya sells it for ₹12. What is the markup in percent?
  31. 31.One jute bag costs ₹40 to make and Gurpreet sells it for ₹48. What is the markup in percent?
  32. 32.One fruit cup costs ₹60 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One fruit cup costs ₹60 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One glass of chai costs ₹34 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹60 to make and Dev sells it for ₹66. What is the markup in percent?
  36. 36.One painted pebble costs ₹20 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One friendship band costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One cupcake costs ₹25 to make and Zoya sells it for ₹30. What is the markup in percent?
  39. 39.One jute bag costs ₹45 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹22 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 9
  2. 6
  3. 30
  4. 1
  5. 48
  6. 100
  7. 20
  8. 10
  9. 10
  10. 20
  11. 3
  12. 100
  13. 25
  14. 27
  15. what buyers will pay
  16. 10 rupees
  17. 118
  18. 54
  19. a loss
  20. 10
  21. 30
  22. 6
  23. 25
  24. 74
  25. 18
  26. 28
  27. 26
  28. 25
  29. 104
  30. 20
  31. 20
  32. 12
  33. 75
  34. 51
  35. 10
  36. 2
  37. 3
  38. 20
  39. 9
  40. 22

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