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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 330 · 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 painted pebble costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  2. 2.One fruit cup costs ₹30 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 20 rupees (d) 5 rupees
  5. 5.One glass of chai costs ₹35 to make and Aarav sells it for ₹70. What is the markup in percent?
  6. 6.One cupcake costs ₹58 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One cup of lemonade costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹35 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One painted pebble costs ₹55 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One painted pebble costs ₹28 to make and Meera sells it for ₹35. What is the markup in percent?
  11. 11.One jute bag costs ₹15 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One jute bag costs ₹40 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One bag of popcorn costs ₹12 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One painted pebble costs ₹20 to make and Arjun sells it for ₹24. What is the markup in percent?
  15. 15.One jute bag costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹50 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One clay diya costs ₹44 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹30 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One potted plant costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One cupcake costs ₹50 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹20 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One painted pebble costs ₹40 to make and Saanvi sells it for ₹44. What is the markup in percent?
  24. 24.One painted pebble costs ₹46 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹60 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  27. 27.One potted plant costs ₹20 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One painted pebble costs ₹47 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  29. 29.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  30. 30.One potted plant costs ₹36 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹45 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One bag of popcorn costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One jute bag costs ₹15 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One fruit cup costs ₹28 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹50 to make and Nisha sells it for ₹60. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹50 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹30 to make and Ishaan sells it for ₹33. What is the markup in percent?
  38. 38.One handmade card costs ₹31 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹56 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹10 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 10
  2. 15
  3. a loss
  4. 10 rupees
  5. 100
  6. 58
  7. 22
  8. 7
  9. 11
  10. 25
  11. 3
  12. 8
  13. 3
  14. 20
  15. 33
  16. 60
  17. 22
  18. 36
  19. 55
  20. 33
  21. 60
  22. 4
  23. 10
  24. 69
  25. 6
  26. 10
  27. 30
  28. 94
  29. cost + a markup
  30. 54
  31. 9
  32. 3
  33. 3
  34. 35
  35. 20
  36. 60
  37. 10
  38. 62
  39. 112
  40. 2

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