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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 398 · 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 clay diya costs ₹20 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹52 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  4. 4.One cupcake costs ₹12 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One glass of chai costs ₹23 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹23 to make and Ananya sells it for ₹46. What is the markup in percent?
  7. 7.One jute bag costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One paper bookmark costs ₹44 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One friendship band costs ₹40 to make and Arjun sells it for ₹48. What is the markup in percent?
  11. 11.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  12. 12.One fruit cup costs ₹36 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One friendship band costs ₹60 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹56 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹15 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One bag of popcorn costs ₹25 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One fruit cup costs ₹12 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) nothing else (d) the weather only
  19. 19.One jute bag costs ₹18 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  20. 20.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  21. 21.One fruit cup costs ₹55 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹50 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One painted pebble costs ₹45 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹60 to make and Joseph sells it for ₹90. What is the markup in percent?
  26. 26.One painted pebble costs ₹32 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One bag of popcorn costs ₹60 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One painted pebble costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹46 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One glass of chai costs ₹50 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One painted pebble costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One potted plant costs ₹51 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹16 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One clay diya costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹34 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹34 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹38 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹44 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹35 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹48 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 40
  2. 13
  3. 10 rupees
  4. 3
  5. 46
  6. 100
  7. 11
  8. 66
  9. 66
  10. 20
  11. a loss
  12. 72
  13. 15
  14. 70
  15. 15
  16. 5
  17. 3
  18. what buyers will pay
  19. 27
  20. cost + a markup
  21. 55
  22. 10
  23. 1
  24. 9
  25. 50
  26. 64
  27. 6
  28. 22
  29. 69
  30. 75
  31. 66
  32. 51
  33. 4
  34. 66
  35. 51
  36. 51
  37. 76
  38. 55
  39. 42
  40. 72

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