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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 285 · 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 ₹60 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  3. 3.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) cost − a markup (d) copy a rival
  4. 4.One clay diya costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One glass of chai costs ₹13 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.One fruit cup costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One friendship band costs ₹40 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One paper bookmark costs ₹36 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One friendship band costs ₹52 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  12. 12.One jute bag costs ₹44 to make and Rohan sells it for ₹55. What is the markup in percent?
  13. 13.One clay diya costs ₹10 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹40 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One cupcake costs ₹16 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One cupcake costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹20 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One cup of lemonade costs ₹50 to make and Kavya sells it for ₹55. What is the markup in percent?
  19. 19.One handmade card costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  20. 20.One fruit cup costs ₹16 to make and Zoya sells it for ₹24. What is the markup in percent?
  21. 21.One potted plant costs ₹56 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One cup of lemonade costs ₹53 to make and Gurpreet sells it for ₹106. What is the markup in percent?
  23. 23.One fruit cup costs ₹40 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One fruit cup costs ₹47 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One cupcake costs ₹54 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹12 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One cupcake costs ₹10 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  29. 29.One bag of popcorn costs ₹40 to make and Kabir sells it for ₹50. What is the markup in percent?
  30. 30.One fruit cup costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  31. 31.One cupcake costs ₹48 to make and Lakshmi sells it for ₹60. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹30 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹60 to make and Gurpreet sells it for ₹75. What is the markup in percent?
  34. 34.One clay diya costs ₹20 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One bag of popcorn costs ₹43 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹50 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹50 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One fruit cup costs ₹48 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One cupcake costs ₹60 to make and Kavya sells it for ₹75. What is the markup in percent?
  40. 40.One clay diya costs ₹50 to make and Dev sells it for ₹55. What is the markup in percent?

Answer key

  1. 15
  2. a loss
  3. cost + a markup
  4. 11
  5. 13
  6. 11
  7. 8
  8. 45
  9. 22
  10. 65
  11. 10 rupees
  12. 25
  13. 2
  14. 4
  15. 20
  16. 55
  17. 30
  18. 10
  19. 10
  20. 50
  21. 14
  22. 100
  23. 8
  24. 94
  25. 81
  26. 11
  27. 15
  28. 2
  29. 25
  30. 10
  31. 25
  32. 36
  33. 25
  34. 5
  35. 86
  36. 55
  37. 5
  38. 24
  39. 25
  40. 10

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