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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 399 · 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 glass of chai costs ₹17 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹54 to make and Aarav sells it for ₹108. What is the markup in percent?
  3. 3.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  5. 5.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  6. 6.One paper bookmark costs ₹20 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One glass of chai costs ₹50 to make and Dev sells it for ₹60. What is the markup in percent?
  8. 8.One painted pebble costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One glass of chai costs ₹10 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One bag of popcorn costs ₹60 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One potted plant costs ₹52 to make and Nisha sells it for ₹65. What is the markup in percent?
  12. 12.One clay diya costs ₹57 to make and Meera sells it for ₹114. What is the markup in percent?
  13. 13.One paper bookmark costs ₹30 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹30 to make and Aarav sells it for ₹33. What is the markup in percent?
  15. 15.One fruit cup costs ₹25 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One glass of chai costs ₹56 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One friendship band costs ₹50 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  19. 19.One cupcake costs ₹52 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹52 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One bag of popcorn costs ₹23 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One cupcake costs ₹32 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One glass of chai costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹60 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One jute bag costs ₹44 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One painted pebble costs ₹30 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹10 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One friendship band costs ₹44 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One clay diya costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One cup of lemonade costs ₹45 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹34 to make and Ananya sells it for ₹51. What is the markup in percent?
  33. 33.One jute bag costs ₹20 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One clay diya costs ₹40 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹20 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One painted pebble costs ₹45 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One bag of popcorn costs ₹10 to make and Ishaan sells it for ₹11. What is the markup in percent?
  38. 38.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  39. 39.One handmade card costs ₹60 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One cupcake costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?

Answer key

  1. 34
  2. 100
  3. a loss
  4. 10 rupees
  5. what buyers will pay
  6. 22
  7. 20
  8. 11
  9. 12
  10. 75
  11. 25
  12. 100
  13. 6
  14. 10
  15. 5
  16. 56
  17. 10
  18. 10
  19. 13
  20. 66
  21. 26
  22. 23
  23. 8
  24. 12
  25. 75
  26. 22
  27. 30
  28. 1
  29. 22
  30. 2
  31. 9
  32. 50
  33. 30
  34. 48
  35. 25
  36. 45
  37. 10
  38. cost + a markup
  39. 6
  40. 10

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