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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 355 · 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 ₹40 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹30 to make. Joseph adds a 20% 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 cupcake costs ₹52 to make and Rohan sells it for ₹104. What is the markup in percent?
  5. 5.One cup of lemonade costs ₹28 to make and Riya sells it for ₹35. What is the markup in percent?
  6. 6.One friendship band costs ₹44 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One bag of popcorn costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One glass of chai costs ₹40 to make and Saanvi sells it for ₹44. What is the markup in percent?
  9. 9.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  10. 10.One paper bookmark costs ₹30 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One handmade card costs ₹45 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One fruit cup costs ₹12 to make and Diya sells it for ₹24. What is the markup in percent?
  13. 13.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  14. 14.One paper bookmark costs ₹50 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One jute bag costs ₹48 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹20 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One cup of lemonade costs ₹24 to make and Dev sells it for ₹30. What is the markup in percent?
  18. 18.One painted pebble costs ₹20 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One clay diya costs ₹56 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One paper bookmark costs ₹16 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹50 to make and Tara sells it for ₹75. What is the markup in percent?
  22. 22.One potted plant costs ₹20 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹50 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One cupcake costs ₹30 to make and Vihaan sells it for ₹33. What is the markup in percent?
  25. 25.One clay diya costs ₹55 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One clay diya costs ₹32 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹24 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One paper bookmark costs ₹16 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One glass of chai costs ₹55 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One cup of lemonade costs ₹15 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹36 to make and Farhan sells it for ₹54. What is the markup in percent?
  33. 33.One potted plant costs ₹43 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One cupcake costs ₹57 to make and Kabir sells it for ₹114. What is the markup in percent?
  35. 35.One glass of chai costs ₹40 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One cupcake costs ₹36 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One painted pebble costs ₹20 to make and Vihaan sells it for ₹22. What is the markup in percent?
  38. 38.One glass of chai costs ₹30 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One jute bag costs ₹32 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One clay diya costs ₹35 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 44
  2. 6
  3. 10 rupees
  4. 100
  5. 25
  6. 22
  7. 1
  8. 10
  9. cost + a markup
  10. 45
  11. 9
  12. 100
  13. a loss
  14. 55
  15. 24
  16. 10
  17. 25
  18. 20
  19. 14
  20. 32
  21. 50
  22. 4
  23. 5
  24. 10
  25. 66
  26. 8
  27. 12
  28. 33
  29. 24
  30. 11
  31. 18
  32. 50
  33. 43
  34. 100
  35. 50
  36. 9
  37. 10
  38. 6
  39. 8
  40. 42

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