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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 370 · 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.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  2. 2.One bag of popcorn costs ₹35 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One handmade card costs ₹36 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  5. 5.One cup of lemonade costs ₹24 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One friendship band costs ₹30 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One bag of popcorn costs ₹20 to make and Lakshmi sells it for ₹22. What is the markup in percent?
  8. 8.One friendship band costs ₹32 to make and Aarav sells it for ₹40. What is the markup in percent?
  9. 9.One cupcake costs ₹20 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One cupcake costs ₹24 to make and Diya sells it for ₹30. What is the markup in percent?
  11. 11.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
  12. 12.One cupcake costs ₹48 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One cup of lemonade costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹50 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One glass of chai costs ₹40 to make and Meera sells it for ₹44. What is the markup in percent?
  16. 16.One fruit cup costs ₹32 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One fruit cup costs ₹25 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹60 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹18 to make and Zoya sells it for ₹27. What is the markup in percent?
  20. 20.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  21. 21.One painted pebble costs ₹40 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹10 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One friendship band costs ₹32 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹50 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One handmade card costs ₹22 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹15 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹15 to make and Riya sells it for ₹18. What is the markup in percent?
  28. 28.One glass of chai costs ₹47 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One clay diya costs ₹50 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One jute bag costs ₹24 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  31. 31.One potted plant costs ₹28 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One friendship band costs ₹24 to make and Riya sells it for ₹30. What is the markup in percent?
  33. 33.One paper bookmark costs ₹36 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹60 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One paper bookmark costs ₹10 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One friendship band costs ₹40 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹15 to make and Ananya sells it for ₹18. What is the markup in percent?
  38. 38.One fruit cup costs ₹58 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One painted pebble costs ₹10 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹30 to make and Arjun sells it for ₹36. What is the markup in percent?

Answer key

  1. 10 rupees
  2. 42
  3. 45
  4. cost + a markup
  5. 6
  6. 60
  7. 10
  8. 25
  9. 25
  10. 25
  11. a loss
  12. 12
  13. 11
  14. 5
  15. 10
  16. 40
  17. 30
  18. 12
  19. 50
  20. what buyers will pay
  21. 8
  22. 5
  23. 64
  24. 55
  25. 11
  26. 18
  27. 20
  28. 47
  29. 5
  30. 25
  31. 14
  32. 25
  33. 9
  34. 6
  35. 2
  36. 48
  37. 20
  38. 116
  39. 5
  40. 20

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