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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 364 · 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 jute bag costs ₹20 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  2. 2.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  3. 3.One fruit cup costs ₹42 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One potted plant costs ₹60 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  6. 6.One potted plant costs ₹40 to make and Nisha sells it for ₹50. What is the markup in percent?
  7. 7.One cupcake costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  9. 9.One paper bookmark costs ₹39 to make and Ishaan sells it for ₹78. What is the markup in percent?
  10. 10.One fruit cup costs ₹52 to make and Farhan sells it for ₹78. What is the markup in percent?
  11. 11.One bag of popcorn costs ₹32 to make and Aarav sells it for ₹40. What is the markup in percent?
  12. 12.One painted pebble costs ₹12 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹52 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹52 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹20 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One cupcake costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹40 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One handmade card costs ₹30 to make and Kabir sells it for ₹60. What is the markup in percent?
  19. 19.One glass of chai costs ₹22 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One clay diya costs ₹14 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹16 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹16 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
  24. 24.One paper bookmark costs ₹47 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹40 to make and Farhan sells it for ₹44. What is the markup in percent?
  26. 26.One bag of popcorn costs ₹32 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One handmade card costs ₹16 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One painted pebble costs ₹60 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹16 to make and Aarav sells it for ₹32. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹12 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹36 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹60 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹35 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹28 to make and Tara sells it for ₹56. What is the markup in percent?
  35. 35.One glass of chai costs ₹50 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One fruit cup costs ₹25 to make and Diya sells it for ₹30. What is the markup in percent?
  37. 37.One handmade card costs ₹20 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹56 to make and Saanvi sells it for ₹112. What is the markup in percent?
  40. 40.One jute bag costs ₹20 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 24
  2. what buyers will pay
  3. 21
  4. 75
  5. cost + a markup
  6. 25
  7. 44
  8. 10 rupees
  9. 100
  10. 50
  11. 25
  12. 3
  13. 65
  14. 78
  15. 22
  16. 22
  17. 4
  18. 100
  19. 22
  20. 28
  21. 4
  22. 20
  23. 10
  24. 94
  25. 10
  26. 16
  27. 24
  28. 15
  29. 100
  30. 3
  31. 45
  32. 120
  33. 7
  34. 100
  35. 5
  36. 20
  37. 40
  38. 44
  39. 100
  40. 5

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