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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 289 · 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 jute bag costs ₹50 to make and Kavya sells it for ₹55. What is the markup in percent?
  2. 2.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  3. 3.One jute bag costs ₹28 to make and Arjun sells it for ₹42. What is the markup in percent?
  4. 4.One paper bookmark costs ₹60 to make and Meera sells it for ₹72. What is the markup in percent?
  5. 5.One jute bag costs ₹26 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  7. 7.One bag of popcorn costs ₹40 to make and Tara sells it for ₹80. What is the markup in percent?
  8. 8.One potted plant costs ₹44 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) nothing else (d) your favourite number
  10. 10.One fruit cup costs ₹36 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹43 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One painted pebble costs ₹20 to make and Farhan sells it for ₹22. What is the markup in percent?
  13. 13.One potted plant costs ₹44 to make and Meera sells it for ₹66. What is the markup in percent?
  14. 14.One jute bag costs ₹24 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One bag of popcorn costs ₹48 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One paper bookmark costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹20 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹15 to make and Ananya sells it for ₹18. What is the markup in percent?
  19. 19.One fruit cup costs ₹45 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One paper bookmark costs ₹48 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹56 to make and Meera sells it for ₹84. What is the markup in percent?
  22. 22.One clay diya costs ₹46 to make and Arjun sells it for ₹92. What is the markup in percent?
  23. 23.One potted plant costs ₹18 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One painted pebble costs ₹60 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One handmade card costs ₹30 to make and Riya sells it for ₹33. What is the markup in percent?
  26. 26.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  27. 27.One painted pebble costs ₹30 to make and Zoya sells it for ₹36. What is the markup in percent?
  28. 28.One clay diya costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  29. 29.One potted plant costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹38 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹48 to make and Nisha sells it for ₹96. What is the markup in percent?
  32. 32.One painted pebble costs ₹50 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹48 to make and Ishaan sells it for ₹60. What is the markup in percent?
  34. 34.One bag of popcorn costs ₹15 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One potted plant costs ₹28 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One fruit cup costs ₹48 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹56 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One clay diya costs ₹50 to make and Kabir sells it for ₹60. What is the markup in percent?
  39. 39.One painted pebble costs ₹20 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹12 to make and Meera sells it for ₹18. What is the markup in percent?

Answer key

  1. 10
  2. a loss
  3. 50
  4. 20
  5. 52
  6. 10 rupees
  7. 100
  8. 66
  9. what buyers will pay
  10. 54
  11. 43
  12. 10
  13. 50
  14. 30
  15. 12
  16. 3
  17. 25
  18. 20
  19. 9
  20. 60
  21. 50
  22. 100
  23. 9
  24. 15
  25. 10
  26. cost + a markup
  27. 20
  28. 10
  29. 6
  30. 57
  31. 100
  32. 55
  33. 25
  34. 3
  35. 7
  36. 24
  37. 14
  38. 20
  39. 25
  40. 50

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