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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 343 · 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 ₹48 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One cup of lemonade costs ₹32 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  4. 4.One fruit cup costs ₹40 to make and Riya sells it for ₹44. What is the markup in percent?
  5. 5.One glass of chai costs ₹12 to make and Riya sells it for ₹15. What is the markup in percent?
  6. 6.One glass of chai costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  8. 8.One paper bookmark costs ₹15 to make and Aarav sells it for ₹30. What is the markup in percent?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  10. 10.One jute bag costs ₹34 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹20 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.One jute bag costs ₹50 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One bag of popcorn costs ₹50 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹56 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹56 to make and Gurpreet sells it for ₹70. What is the markup in percent?
  16. 16.One glass of chai costs ₹52 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹50 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹58 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One glass of chai costs ₹20 to make and Zoya sells it for ₹22. What is the markup in percent?
  20. 20.One cupcake costs ₹37 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹56 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹10 to make and Saanvi sells it for ₹12. What is the markup in percent?
  23. 23.One potted plant costs ₹55 to make and Rohan sells it for ₹66. What is the markup in percent?
  24. 24.One friendship band costs ₹30 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  25. 25.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  26. 26.One bag of popcorn costs ₹45 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One potted plant costs ₹24 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One painted pebble costs ₹40 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹15 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  31. 31.One clay diya costs ₹43 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹50 to make and Joseph sells it for ₹55. What is the markup in percent?
  33. 33.One cup of lemonade costs ₹37 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One friendship band costs ₹28 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹14 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹15 to make and Lakshmi sells it for ₹18. What is the markup in percent?
  37. 37.One paper bookmark costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  38. 38.One handmade card costs ₹16 to make and Rohan sells it for ₹32. What is the markup in percent?
  39. 39.One clay diya costs ₹59 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹56 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 60
  2. 48
  3. a loss
  4. 10
  5. 25
  6. 66
  7. cost + a markup
  8. 100
  9. 10 rupees
  10. 51
  11. 10
  12. 55
  13. 25
  14. 70
  15. 25
  16. 65
  17. 25
  18. 87
  19. 10
  20. 74
  21. 28
  22. 20
  23. 20
  24. 33
  25. what buyers will pay
  26. 9
  27. 24
  28. 50
  29. 18
  30. 10
  31. 86
  32. 10
  33. 37
  34. 35
  35. 7
  36. 20
  37. 10
  38. 100
  39. 118
  40. 28

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