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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 40 · 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 paper bookmark costs ₹38 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  3. 3.One bag of popcorn costs ₹22 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One glass of chai costs ₹60 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  6. 6.One clay diya costs ₹60 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One paper bookmark costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  8. 8.One potted plant costs ₹50 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One painted pebble costs ₹20 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One cup of lemonade costs ₹46 to make and Gurpreet sells it for ₹69. What is the markup in percent?
  11. 11.One glass of chai costs ₹16 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  13. 13.One cup of lemonade costs ₹46 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One bag of popcorn costs ₹40 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹49 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One friendship band costs ₹10 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹56 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹20 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹12 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One bag of popcorn costs ₹45 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹20 to make and Riya sells it for ₹24. What is the markup in percent?
  22. 22.One jute bag costs ₹55 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹38 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹40 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One potted plant costs ₹48 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One clay diya costs ₹55 to make and Gurpreet sells it for ₹110. What is the markup in percent?
  27. 27.One jute bag costs ₹12 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One fruit cup costs ₹50 to make and Rohan sells it for ₹75. What is the markup in percent?
  29. 29.One handmade card costs ₹12 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One friendship band costs ₹18 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹30 to make and Zoya sells it for ₹36. What is the markup in percent?
  32. 32.One glass of chai costs ₹60 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One friendship band costs ₹12 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹12 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One painted pebble costs ₹19 to make and Gurpreet sells it for ₹38. What is the markup in percent?
  36. 36.One potted plant costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹14 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹31 to make and Rohan sells it for ₹62. What is the markup in percent?
  39. 39.One jute bag costs ₹20 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹43 to make and Lakshmi sells it for ₹86. What is the markup in percent?

Answer key

  1. 38
  2. what buyers will pay
  3. 11
  4. 6
  5. a loss
  6. 15
  7. 10
  8. 5
  9. 4
  10. 50
  11. 8
  12. cost + a markup
  13. 23
  14. 44
  15. 49
  16. 15
  17. 14
  18. 10
  19. 15
  20. 54
  21. 20
  22. 66
  23. 57
  24. 4
  25. 72
  26. 100
  27. 15
  28. 50
  29. 15
  30. 27
  31. 20
  32. 15
  33. 3
  34. 18
  35. 100
  36. 22
  37. 21
  38. 100
  39. 22
  40. 100

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