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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 287 · 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 ₹56 to make and Dev sells it for ₹70. What is the markup in percent?
  2. 2.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  3. 3.One paper bookmark costs ₹36 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  4. 4.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  5. 5.One painted pebble costs ₹20 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One cup of lemonade costs ₹50 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One bag of popcorn costs ₹20 to make and Riya sells it for ₹22. What is the markup in percent?
  8. 8.One bag of popcorn costs ₹10 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  10. 10.One cupcake costs ₹40 to make and Aarav sells it for ₹60. What is the markup in percent?
  11. 11.One paper bookmark costs ₹60 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One potted plant costs ₹20 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One bag of popcorn costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  14. 14.📉 A price below the cost leads to… (a) free stock (b) a loss (c) a profit (d) break-even
  15. 15.One paper bookmark costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One potted plant costs ₹16 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One clay diya costs ₹58 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹48 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹32 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹44 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹24 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One fruit cup costs ₹18 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹60 to make and Ishaan sells it for ₹72. What is the markup in percent?
  24. 24.One cupcake costs ₹17 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹26 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹30 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹35 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹60 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹40 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹17 to make and Nisha sells it for ₹34. What is the markup in percent?
  31. 31.One cupcake costs ₹10 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹45 to make and Rohan sells it for ₹54. What is the markup in percent?
  33. 33.One handmade card costs ₹30 to make and Joseph sells it for ₹36. What is the markup in percent?
  34. 34.One potted plant costs ₹35 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One jute bag costs ₹30 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹52 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One cupcake costs ₹46 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One handmade card costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  40. 40.One bag of popcorn costs ₹12 to make and Tara sells it for ₹18. What is the markup in percent?

Answer key

  1. 25
  2. cost + a markup
  3. 54
  4. what buyers will pay
  5. 25
  6. 55
  7. 10
  8. 15
  9. 10 rupees
  10. 50
  11. 12
  12. 24
  13. 11
  14. a loss
  15. 11
  16. 20
  17. 116
  18. 60
  19. 48
  20. 66
  21. 6
  22. 18
  23. 20
  24. 34
  25. 39
  26. 36
  27. 70
  28. 72
  29. 60
  30. 100
  31. 15
  32. 20
  33. 20
  34. 7
  35. 36
  36. 48
  37. 65
  38. 46
  39. 10
  40. 50

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