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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 35 · 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 ₹32 to make and Ishaan sells it for ₹40. What is the markup in percent?
  2. 2.One cup of lemonade costs ₹10 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One paper bookmark costs ₹48 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One cupcake costs ₹21 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  5. 5.One jute bag costs ₹46 to make and Riya sells it for ₹69. What is the markup in percent?
  6. 6.One bag of popcorn costs ₹24 to make and Ishaan sells it for ₹36. What is the markup in percent?
  7. 7.One painted pebble costs ₹16 to make and Saanvi sells it for ₹20. What is the markup in percent?
  8. 8.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  9. 9.One jute bag costs ₹20 to make and Saanvi sells it for ₹30. What is the markup in percent?
  10. 10.One bag of popcorn costs ₹19 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One cupcake costs ₹10 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One cupcake costs ₹60 to make and Diya sells it for ₹75. What is the markup in percent?
  13. 13.One glass of chai costs ₹32 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  14. 14.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  15. 15.One painted pebble costs ₹44 to make and Rohan sells it for ₹55. What is the markup in percent?
  16. 16.One clay diya costs ₹55 to make and Tara sells it for ₹110. What is the markup in percent?
  17. 17.One cupcake costs ₹10 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One friendship band costs ₹20 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹60 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One bag of popcorn costs ₹25 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  22. 22.One bag of popcorn costs ₹12 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One bag of popcorn costs ₹16 to make and Ananya sells it for ₹20. What is the markup in percent?
  24. 24.One glass of chai costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹46 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One cup of lemonade costs ₹20 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One glass of chai costs ₹24 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One bag of popcorn costs ₹28 to make and Riya sells it for ₹35. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹60 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹16 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹24 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One bag of popcorn costs ₹24 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One glass of chai costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One painted pebble costs ₹42 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹46 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹20 to make and Diya sells it for ₹22. What is the markup in percent?
  37. 37.One cupcake costs ₹40 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹17 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹20 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹60 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 25
  2. 12
  3. 72
  4. 42
  5. 50
  6. 50
  7. 25
  8. cost + a markup
  9. 50
  10. 19
  11. 20
  12. 25
  13. 40
  14. a loss
  15. 25
  16. 100
  17. 11
  18. 24
  19. 72
  20. 5
  21. what buyers will pay
  22. 15
  23. 25
  24. 11
  25. 23
  26. 2
  27. 36
  28. 25
  29. 72
  30. 32
  31. 24
  32. 24
  33. 66
  34. 21
  35. 46
  36. 10
  37. 8
  38. 34
  39. 24
  40. 75

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