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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 340 · 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 cupcake costs ₹22 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  2. 2.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  3. 3.One painted pebble costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  6. 6.One jute bag costs ₹25 to make and Ananya sells it for ₹30. What is the markup in percent?
  7. 7.One clay diya costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One handmade card costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One friendship band costs ₹20 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One glass of chai costs ₹20 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.One handmade card costs ₹50 to make and Ananya sells it for ₹60. What is the markup in percent?
  12. 12.One clay diya costs ₹54 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One paper bookmark costs ₹30 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹44 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One glass of chai costs ₹56 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹32 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One bag of popcorn costs ₹34 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹48 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One handmade card costs ₹52 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One fruit cup costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹10 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One clay diya costs ₹28 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One fruit cup costs ₹12 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One paper bookmark costs ₹52 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹52 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  27. 27.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  28. 28.One painted pebble costs ₹28 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  30. 30.One cupcake costs ₹30 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One friendship band costs ₹30 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One fruit cup costs ₹32 to make and Diya sells it for ₹64. What is the markup in percent?
  33. 33.One friendship band costs ₹20 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One potted plant costs ₹32 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One potted plant costs ₹16 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹60 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹20 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹60 to make and Lakshmi sells it for ₹72. What is the markup in percent?
  40. 40.One paper bookmark costs ₹30 to make and Vihaan sells it for ₹33. What is the markup in percent?

Answer key

  1. 33
  2. a loss
  3. 15
  4. cost + a markup
  5. 10 rupees
  6. 20
  7. 42
  8. 3
  9. 10
  10. 10
  11. 20
  12. 81
  13. 3
  14. 11
  15. 56
  16. 11
  17. 48
  18. 51
  19. 24
  20. 13
  21. 10
  22. 2
  23. 14
  24. 15
  25. 78
  26. 65
  27. what buyers will pay
  28. 42
  29. 10
  30. 6
  31. 30
  32. 100
  33. 25
  34. 64
  35. 4
  36. 6
  37. 11
  38. 25
  39. 20
  40. 10

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