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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 349 · 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 paper bookmark costs ₹12 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One bag of popcorn costs ₹32 to make and Diya sells it for ₹40. What is the markup in percent?
  3. 3.One friendship band costs ₹60 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One fruit cup costs ₹14 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  6. 6.One handmade card costs ₹56 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One glass of chai costs ₹42 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One painted pebble costs ₹60 to make and Kabir sells it for ₹66. What is the markup in percent?
  9. 9.One friendship band costs ₹20 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One potted plant costs ₹36 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.One friendship band costs ₹18 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One glass of chai costs ₹24 to make and Nisha sells it for ₹30. What is the markup in percent?
  13. 13.One friendship band costs ₹50 to make and Farhan sells it for ₹75. What is the markup in percent?
  14. 14.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  15. 15.One clay diya costs ₹20 to make and Dev sells it for ₹24. What is the markup in percent?
  16. 16.One fruit cup costs ₹28 to make and Aarav sells it for ₹42. What is the markup in percent?
  17. 17.One paper bookmark costs ₹40 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹36 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One fruit cup costs ₹40 to make and Farhan sells it for ₹50. What is the markup in percent?
  20. 20.One jute bag costs ₹12 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One handmade card costs ₹25 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹20 to make and Kavya sells it for ₹25. What is the markup in percent?
  23. 23.One potted plant costs ₹56 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One friendship band costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹32 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One cupcake costs ₹10 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹25 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹13 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹60 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One glass of chai costs ₹20 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One bag of popcorn costs ₹52 to make and Vihaan sells it for ₹65. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹48 to make and Rohan sells it for ₹60. What is the markup in percent?
  33. 33.One handmade card costs ₹20 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One jute bag costs ₹28 to make and Nisha sells it for ₹56. What is the markup in percent?
  35. 35.One cupcake costs ₹35 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  36. 36.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  37. 37.One jute bag costs ₹50 to make and Dev sells it for ₹75. What is the markup in percent?
  38. 38.One paper bookmark costs ₹14 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹58 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 15
  2. 25
  3. 15
  4. 21
  5. 10 rupees
  6. 84
  7. 63
  8. 10
  9. 4
  10. 9
  11. 36
  12. 25
  13. 50
  14. a loss
  15. 20
  16. 50
  17. 44
  18. 9
  19. 25
  20. 6
  21. 30
  22. 25
  23. 14
  24. 6
  25. 8
  26. 15
  27. 30
  28. 13
  29. 66
  30. 5
  31. 25
  32. 25
  33. 40
  34. 100
  35. 42
  36. what buyers will pay
  37. 50
  38. 28
  39. 55
  40. 87

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