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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 32 · 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 cup of lemonade costs ₹20 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹16 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One clay diya costs ₹32 to make and Saanvi sells it for ₹64. What is the markup in percent?
  4. 4.One friendship band costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹55 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One clay diya costs ₹40 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹20 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One cup of lemonade costs ₹50 to make and Zoya sells it for ₹55. What is the markup in percent?
  9. 9.One paper bookmark costs ₹15 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One friendship band costs ₹30 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹20 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One bag of popcorn costs ₹20 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One potted plant costs ₹60 to make and Diya sells it for ₹66. What is the markup in percent?
  14. 14.One cupcake costs ₹36 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  16. 16.One cupcake costs ₹30 to make and Rohan sells it for ₹36. What is the markup in percent?
  17. 17.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  18. 18.One fruit cup costs ₹30 to make and Joseph sells it for ₹60. What is the markup in percent?
  19. 19.One jute bag costs ₹16 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One handmade card costs ₹42 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One handmade card costs ₹29 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹49 to make and Dev sells it for ₹98. What is the markup in percent?
  23. 23.One cupcake costs ₹16 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One painted pebble costs ₹34 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One friendship band costs ₹35 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One bag of popcorn costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One cup of lemonade costs ₹32 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One jute bag costs ₹52 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹42 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One cup of lemonade costs ₹55 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One cupcake costs ₹30 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One cupcake costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One jute bag costs ₹40 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  35. 35.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  36. 36.One jute bag costs ₹58 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹55 to make and Farhan sells it for ₹66. What is the markup in percent?
  38. 38.One cup of lemonade costs ₹45 to make and Diya sells it for ₹54. What is the markup in percent?
  39. 39.One cupcake costs ₹12 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One painted pebble costs ₹51 to make. Tara adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 24
  2. 8
  3. 100
  4. 22
  5. 110
  6. 44
  7. 2
  8. 10
  9. 3
  10. 36
  11. 2
  12. 24
  13. 10
  14. 9
  15. a loss
  16. 20
  17. 10 rupees
  18. 100
  19. 4
  20. 21
  21. 29
  22. 100
  23. 20
  24. 17
  25. 42
  26. 2
  27. 32
  28. 26
  29. 21
  30. 66
  31. 6
  32. 15
  33. 22
  34. 48
  35. cost + a markup
  36. 29
  37. 20
  38. 20
  39. 3
  40. 102

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