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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 335 · 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 potted plant costs ₹30 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One clay diya costs ₹20 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  4. 4.One handmade card costs ₹20 to make and Kavya sells it for ₹24. What is the markup in percent?
  5. 5.One painted pebble costs ₹40 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One painted pebble costs ₹23 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One painted pebble costs ₹44 to make and Farhan sells it for ₹88. What is the markup in percent?
  8. 8.One jute bag costs ₹14 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One handmade card costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One potted plant costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  11. 11.One handmade card costs ₹50 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One handmade card costs ₹40 to make and Tara sells it for ₹44. What is the markup in percent?
  13. 13.One friendship band costs ₹56 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One painted pebble costs ₹30 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹54 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One cup of lemonade costs ₹20 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One friendship band costs ₹20 to make and Saanvi sells it for ₹25. What is the markup in percent?
  19. 19.One friendship band costs ₹20 to make and Ananya sells it for ₹22. What is the markup in percent?
  20. 20.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  21. 21.One fruit cup costs ₹53 to make and Diya sells it for ₹106. What is the markup in percent?
  22. 22.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  23. 23.One painted pebble costs ₹46 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One painted pebble costs ₹30 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹28 to make and Kabir sells it for ₹56. What is the markup in percent?
  26. 26.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  27. 27.One painted pebble costs ₹32 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹40 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹16 to make and Zoya sells it for ₹24. What is the markup in percent?
  30. 30.One handmade card costs ₹60 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One clay diya costs ₹10 to make and Arjun sells it for ₹11. What is the markup in percent?
  32. 32.One bag of popcorn costs ₹15 to make and Tara sells it for ₹18. What is the markup in percent?
  33. 33.One cupcake costs ₹58 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹54 to make and Lakshmi sells it for ₹81. What is the markup in percent?
  35. 35.One painted pebble costs ₹18 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One painted pebble costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One jute bag costs ₹12 to make and Joseph sells it for ₹24. What is the markup in percent?
  40. 40.One bag of popcorn costs ₹48 to make and Kavya sells it for ₹60. What is the markup in percent?

Answer key

  1. 36
  2. 5
  3. 10 rupees
  4. 20
  5. 10
  6. 23
  7. 100
  8. 28
  9. 22
  10. 10
  11. 60
  12. 10
  13. 14
  14. 6
  15. 22
  16. 54
  17. 5
  18. 25
  19. 10
  20. what buyers will pay
  21. 100
  22. cost + a markup
  23. 23
  24. 36
  25. 100
  26. a loss
  27. 40
  28. 4
  29. 50
  30. 15
  31. 10
  32. 20
  33. 58
  34. 50
  35. 9
  36. 66
  37. 11
  38. 5
  39. 100
  40. 25

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