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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 357 · 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 potted plant costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One cup of lemonade costs ₹12 to make and Vihaan sells it for ₹24. What is the markup in percent?
  3. 3.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) what buyers will pay (d) the weather only
  4. 4.One friendship band costs ₹35 to make and Gurpreet sells it for ₹42. What is the markup in percent?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  6. 6.One fruit cup costs ₹16 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One jute bag costs ₹40 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One cup of lemonade costs ₹40 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One friendship band costs ₹50 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One bag of popcorn costs ₹60 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One jute bag costs ₹40 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹36 to make and Meera sells it for ₹45. What is the markup in percent?
  13. 13.One painted pebble costs ₹52 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One painted pebble costs ₹55 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One bag of popcorn costs ₹40 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹60 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹34 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹27 to make and Arjun sells it for ₹54. What is the markup in percent?
  19. 19.One paper bookmark costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹40 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹54 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One jute bag costs ₹18 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One cup of lemonade costs ₹15 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One cup of lemonade costs ₹36 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹50 to make and Arjun sells it for ₹75. What is the markup in percent?
  26. 26.One friendship band costs ₹20 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One cupcake costs ₹10 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹10 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹12 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  30. 30.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  31. 31.One paper bookmark costs ₹15 to make and Dev sells it for ₹18. What is the markup in percent?
  32. 32.One handmade card costs ₹12 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One potted plant costs ₹13 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹53 to make and Ananya sells it for ₹106. What is the markup in percent?
  35. 35.One bag of popcorn costs ₹10 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹15 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹40 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹30 to make and Dev sells it for ₹36. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  40. 40.One glass of chai costs ₹35 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 1
  2. 100
  3. what buyers will pay
  4. 20
  5. 10 rupees
  6. 4
  7. 4
  8. 8
  9. 10
  10. 12
  11. 60
  12. 25
  13. 13
  14. 66
  15. 48
  16. 72
  17. 17
  18. 100
  19. 44
  20. 44
  21. 108
  22. 9
  23. 18
  24. 45
  25. 50
  26. 2
  27. 12
  28. 12
  29. 15
  30. cost + a markup
  31. 20
  32. 15
  33. 13
  34. 100
  35. 1
  36. 18
  37. 44
  38. 20
  39. 20
  40. 7

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