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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 288 · 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 friendship band costs ₹32 to make and Diya sells it for ₹48. What is the markup in percent?
  2. 2.One fruit cup costs ₹60 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One painted pebble costs ₹60 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One jute bag costs ₹10 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  6. 6.One cup of lemonade costs ₹60 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One cup of lemonade costs ₹52 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One fruit cup costs ₹58 to make and Diya sells it for ₹116. What is the markup in percent?
  9. 9.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  10. 10.One potted plant costs ₹28 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One handmade card costs ₹48 to make and Kabir sells it for ₹72. What is the markup in percent?
  12. 12.One bag of popcorn costs ₹44 to make and Gurpreet sells it for ₹88. What is the markup in percent?
  13. 13.One jute bag costs ₹60 to make and Ananya sells it for ₹66. What is the markup in percent?
  14. 14.One handmade card costs ₹18 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One fruit cup costs ₹30 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One clay diya costs ₹32 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One jute bag costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  19. 19.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  20. 20.One cup of lemonade costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One potted plant costs ₹45 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One cup of lemonade costs ₹14 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One paper bookmark costs ₹40 to make and Vihaan sells it for ₹48. What is the markup in percent?
  24. 24.One fruit cup costs ₹15 to make and Kavya sells it for ₹18. What is the markup in percent?
  25. 25.One fruit cup costs ₹20 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹60 to make and Meera sells it for ₹72. What is the markup in percent?
  27. 27.One glass of chai costs ₹16 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹10 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹41 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹48 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹15 to make and Joseph sells it for ₹18. What is the markup in percent?
  32. 32.One painted pebble costs ₹55 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  33. 33.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  34. 34.One potted plant costs ₹14 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  36. 36.One cupcake costs ₹18 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹57 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹30 to make and Gurpreet sells it for ₹36. What is the markup in percent?
  39. 39.One jute bag costs ₹44 to make and Kabir sells it for ₹55. What is the markup in percent?
  40. 40.One glass of chai costs ₹46 to make. Riya adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 12
  3. 72
  4. 15
  5. 10 rupees
  6. 72
  7. 65
  8. 100
  9. cost + a markup
  10. 56
  11. 50
  12. 100
  13. 10
  14. 36
  15. 6
  16. 8
  17. 66
  18. 10
  19. a loss
  20. 33
  21. 54
  22. 7
  23. 20
  24. 20
  25. 4
  26. 20
  27. 20
  28. 11
  29. 82
  30. 48
  31. 20
  32. 110
  33. what buyers will pay
  34. 7
  35. 10
  36. 27
  37. 114
  38. 20
  39. 25
  40. 69

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