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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 329 · 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 clay diya costs ₹15 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  2. 2.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  3. 3.One paper bookmark costs ₹52 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹60 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One friendship band costs ₹26 to make and Zoya sells it for ₹39. What is the markup in percent?
  6. 6.One friendship band costs ₹44 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  8. 8.One paper bookmark costs ₹44 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹26 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  10. 10.One cupcake costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹52 to make and Lakshmi sells it for ₹65. What is the markup in percent?
  12. 12.One glass of chai costs ₹20 to make and Kabir sells it for ₹24. What is the markup in percent?
  13. 13.One clay diya costs ₹50 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹32 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  15. 15.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  16. 16.One jute bag costs ₹24 to make and Ananya sells it for ₹48. What is the markup in percent?
  17. 17.One fruit cup costs ₹10 to make and Lakshmi sells it for ₹11. What is the markup in percent?
  18. 18.One fruit cup costs ₹59 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One jute bag costs ₹20 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹26 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  22. 22.One glass of chai costs ₹58 to make and Zoya sells it for ₹87. What is the markup in percent?
  23. 23.One jute bag costs ₹31 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹30 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹52 to make and Vihaan sells it for ₹65. What is the markup in percent?
  27. 27.One painted pebble costs ₹20 to make and Diya sells it for ₹25. What is the markup in percent?
  28. 28.One handmade card costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹25 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹28 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹46 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One cupcake costs ₹24 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One glass of chai costs ₹32 to make and Saanvi sells it for ₹48. What is the markup in percent?
  35. 35.One handmade card costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹46 to make and Ishaan sells it for ₹92. What is the markup in percent?
  37. 37.One handmade card costs ₹36 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One cupcake costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One paper bookmark costs ₹30 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹20 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 30
  2. what buyers will pay
  3. 13
  4. 12
  5. 50
  6. 11
  7. cost + a markup
  8. 66
  9. 26
  10. 15
  11. 25
  12. 20
  13. 55
  14. 40
  15. a loss
  16. 100
  17. 10
  18. 118
  19. 2
  20. 13
  21. 10 rupees
  22. 50
  23. 31
  24. 36
  25. 44
  26. 25
  27. 25
  28. 11
  29. 5
  30. 35
  31. 22
  32. 23
  33. 48
  34. 50
  35. 44
  36. 100
  37. 9
  38. 44
  39. 33
  40. 22

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