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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 392 · 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 ₹44 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One jute bag costs ₹38 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One glass of chai costs ₹44 to make and Farhan sells it for ₹55. What is the markup in percent?
  4. 4.One glass of chai costs ₹52 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One potted plant costs ₹46 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One fruit cup costs ₹26 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  8. 8.One clay diya costs ₹60 to make and Tara sells it for ₹66. What is the markup in percent?
  9. 9.One cupcake costs ₹24 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One clay diya costs ₹40 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹60 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  12. 12.One friendship band costs ₹47 to make and Ishaan sells it for ₹94. What is the markup in percent?
  13. 13.One jute bag costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  14. 14.One painted pebble costs ₹35 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  16. 16.One bag of popcorn costs ₹40 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  18. 18.One handmade card costs ₹40 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  19. 19.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  20. 20.One clay diya costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One bag of popcorn costs ₹57 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One bag of popcorn costs ₹25 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹60 to make and Farhan sells it for ₹90. What is the markup in percent?
  25. 25.One painted pebble costs ₹22 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹32 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹15 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One fruit cup costs ₹16 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One clay diya costs ₹12 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One friendship band costs ₹48 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹25 to make and Farhan sells it for ₹30. What is the markup in percent?
  32. 32.One paper bookmark costs ₹26 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One handmade card costs ₹58 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹53 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹32 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One cup of lemonade costs ₹55 to make and Meera sells it for ₹66. What is the markup in percent?
  37. 37.One bag of popcorn costs ₹19 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹59 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One bag of popcorn costs ₹54 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹55 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 55
  2. 38
  3. 25
  4. 65
  5. 23
  6. 52
  7. 10
  8. 10
  9. 30
  10. 48
  11. 10
  12. 100
  13. 10
  14. 7
  15. cost + a markup
  16. 8
  17. 10 rupees
  18. 80
  19. what buyers will pay
  20. 66
  21. 6
  22. 114
  23. 30
  24. 50
  25. 11
  26. 64
  27. 3
  28. 8
  29. 15
  30. 12
  31. 20
  32. 13
  33. 116
  34. 106
  35. 16
  36. 20
  37. 19
  38. 59
  39. 81
  40. 66

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