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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 292 · 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 ₹50 to make and Joseph sells it for ₹75. What is the markup in percent?
  2. 2.One bag of popcorn costs ₹20 to make and Gurpreet sells it for ₹25. What is the markup in percent?
  3. 3.One cupcake costs ₹12 to make and Joseph sells it for ₹15. What is the markup in percent?
  4. 4.One cup of lemonade costs ₹38 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One handmade card costs ₹35 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.One friendship band costs ₹40 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One bag of popcorn costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One painted pebble costs ₹23 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One cup of lemonade costs ₹20 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  11. 11.One cupcake costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One fruit cup costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹44 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  15. 15.One clay diya costs ₹56 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One cupcake costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹48 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  19. 19.One clay diya costs ₹56 to make and Lakshmi sells it for ₹70. What is the markup in percent?
  20. 20.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  21. 21.One handmade card costs ₹40 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One cupcake costs ₹16 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹36 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One glass of chai costs ₹60 to make and Lakshmi sells it for ₹72. What is the markup in percent?
  26. 26.One potted plant costs ₹36 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹60 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹16 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One glass of chai costs ₹55 to make and Nisha sells it for ₹110. What is the markup in percent?
  30. 30.One handmade card costs ₹50 to make and Saanvi sells it for ₹55. What is the markup in percent?
  31. 31.One glass of chai costs ₹53 to make and Kavya sells it for ₹106. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹35 to make and Nisha sells it for ₹42. What is the markup in percent?
  33. 33.One glass of chai costs ₹12 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One cupcake costs ₹35 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹39 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One jute bag costs ₹10 to make and Aarav sells it for ₹15. What is the markup in percent?
  37. 37.One cupcake costs ₹54 to make and Ananya sells it for ₹108. What is the markup in percent?
  38. 38.One glass of chai costs ₹11 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹10 to make and Ishaan sells it for ₹11. What is the markup in percent?
  40. 40.One friendship band costs ₹48 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 50
  2. 25
  3. 25
  4. 38
  5. 35
  6. 50
  7. 33
  8. 23
  9. 24
  10. cost + a markup
  11. 1
  12. 11
  13. 11
  14. a loss
  15. 112
  16. 11
  17. 72
  18. 10
  19. 25
  20. 10 rupees
  21. 48
  22. 4
  23. 54
  24. 6
  25. 20
  26. 45
  27. 30
  28. 20
  29. 100
  30. 10
  31. 100
  32. 20
  33. 12
  34. 42
  35. 39
  36. 50
  37. 100
  38. 22
  39. 10
  40. 12

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