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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 389 · 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 ₹20 to make and Aarav sells it for ₹22. What is the markup in percent?
  2. 2.One handmade card costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  4. 4.One cupcake costs ₹45 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One bag of popcorn costs ₹44 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One clay diya costs ₹15 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One fruit cup costs ₹48 to make and Ananya sells it for ₹96. 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 cupcake costs ₹30 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹25 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One friendship band costs ₹54 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.One cup of lemonade costs ₹48 to make and Gurpreet sells it for ₹60. What is the markup in percent?
  13. 13.One cup of lemonade costs ₹21 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One fruit cup costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹52 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹28 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One cup of lemonade costs ₹30 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One bag of popcorn costs ₹49 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One friendship band costs ₹44 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  21. 21.One bag of popcorn costs ₹44 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹48 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One glass of chai costs ₹22 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One cup of lemonade costs ₹10 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  26. 26.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
  27. 27.One potted plant costs ₹60 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One clay diya costs ₹35 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  29. 29.One fruit cup costs ₹10 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹15 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹55 to make and Arjun sells it for ₹66. What is the markup in percent?
  32. 32.One friendship band costs ₹20 to make and Kabir sells it for ₹22. What is the markup in percent?
  33. 33.One handmade card costs ₹18 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One jute bag costs ₹40 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One painted pebble costs ₹38 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹30 to make and Joseph sells it for ₹60. What is the markup in percent?
  37. 37.One glass of chai costs ₹55 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹35 to make and Meera sells it for ₹42. What is the markup in percent?
  39. 39.One painted pebble costs ₹60 to make and Tara sells it for ₹75. What is the markup in percent?
  40. 40.One jute bag costs ₹12 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 10
  2. 33
  3. what buyers will pay
  4. 54
  5. 11
  6. 30
  7. 100
  8. cost + a markup
  9. 33
  10. 5
  11. 27
  12. 25
  13. 42
  14. 48
  15. 104
  16. 7
  17. 33
  18. 49
  19. 11
  20. 10 rupees
  21. 55
  22. 48
  23. 22
  24. 2
  25. 22
  26. a loss
  27. 12
  28. 7
  29. 11
  30. 18
  31. 20
  32. 10
  33. 36
  34. 60
  35. 57
  36. 100
  37. 66
  38. 20
  39. 25
  40. 3

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