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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 299 · 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.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  2. 2.One friendship band costs ₹60 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One jute bag costs ₹15 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One cupcake costs ₹16 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  6. 6.One cupcake costs ₹30 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One friendship band costs ₹48 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One fruit cup costs ₹46 to make and Gurpreet sells it for ₹92. What is the markup in percent?
  9. 9.One cup of lemonade costs ₹53 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹40 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  13. 13.One clay diya costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One cupcake costs ₹10 to make and Ananya sells it for ₹12. What is the markup in percent?
  15. 15.One jute bag costs ₹40 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One glass of chai costs ₹55 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One friendship band costs ₹55 to make and Farhan sells it for ₹66. What is the markup in percent?
  18. 18.One fruit cup costs ₹15 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One cupcake costs ₹11 to make and Aarav sells it for ₹22. What is the markup in percent?
  20. 20.One cup of lemonade costs ₹51 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One clay diya costs ₹12 to make and Ananya sells it for ₹24. What is the markup in percent?
  22. 22.One paper bookmark costs ₹40 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One friendship band costs ₹40 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One potted plant costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One paper bookmark costs ₹20 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One bag of popcorn costs ₹40 to make and Ananya sells it for ₹48. What is the markup in percent?
  27. 27.One potted plant costs ₹50 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹50 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One painted pebble costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One cupcake costs ₹26 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹48 to make and Diya sells it for ₹60. What is the markup in percent?
  33. 33.One cupcake costs ₹30 to make and Arjun sells it for ₹45. What is the markup in percent?
  34. 34.One handmade card costs ₹13 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹56 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One jute bag costs ₹60 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹22 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹60 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹56 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. cost + a markup
  2. 12
  3. 18
  4. 24
  5. a loss
  6. 33
  7. 60
  8. 100
  9. 106
  10. 44
  11. 48
  12. 10 rupees
  13. 22
  14. 20
  15. 60
  16. 110
  17. 20
  18. 3
  19. 100
  20. 51
  21. 100
  22. 4
  23. 4
  24. 11
  25. 30
  26. 20
  27. 10
  28. 60
  29. 10
  30. 15
  31. 52
  32. 25
  33. 50
  34. 13
  35. 70
  36. 12
  37. 44
  38. 11
  39. 12
  40. 56

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