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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 400 · 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 ₹38 to make and Rohan sells it for ₹57. What is the markup in percent?
  2. 2.One cup of lemonade costs ₹28 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One cupcake costs ₹39 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹50 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One paper bookmark costs ₹45 to make and Kabir sells it for ₹54. What is the markup in percent?
  6. 6.One bag of popcorn costs ₹12 to make and Dev sells it for ₹15. What is the markup in percent?
  7. 7.One clay diya costs ₹30 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  9. 9.One cup of lemonade costs ₹50 to make and Dev sells it for ₹55. What is the markup in percent?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  11. 11.One cupcake costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  12. 12.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  13. 13.One painted pebble costs ₹40 to make and Arjun sells it for ₹44. What is the markup in percent?
  14. 14.One potted plant costs ₹10 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One fruit cup costs ₹50 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One glass of chai costs ₹36 to make and Rohan sells it for ₹72. What is the markup in percent?
  17. 17.One paper bookmark costs ₹60 to make and Riya sells it for ₹66. What is the markup in percent?
  18. 18.One glass of chai costs ₹24 to make and Kabir sells it for ₹30. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹16 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One clay diya costs ₹60 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One potted plant costs ₹12 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹16 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One cupcake costs ₹32 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹12 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One handmade card costs ₹16 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹20 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One bag of popcorn costs ₹10 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹50 to make and Farhan sells it for ₹60. What is the markup in percent?
  29. 29.One fruit cup costs ₹49 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹10 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  31. 31.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost − a markup (d) cost + a markup
  32. 32.One jute bag costs ₹40 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹40 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One painted pebble costs ₹45 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹60 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One jute bag costs ₹30 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One clay diya costs ₹50 to make and Rohan sells it for ₹100. What is the markup in percent?
  38. 38.One glass of chai costs ₹50 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One cupcake costs ₹37 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One jute bag costs ₹14 to make and Ishaan sells it for ₹28. What is the markup in percent?

Answer key

  1. 50
  2. 7
  3. 78
  4. 55
  5. 20
  6. 25
  7. 45
  8. what buyers will pay
  9. 10
  10. 10 rupees
  11. 11
  12. a loss
  13. 10
  14. 12
  15. 10
  16. 100
  17. 10
  18. 25
  19. 4
  20. 75
  21. 24
  22. 20
  23. 48
  24. 3
  25. 32
  26. 40
  27. 12
  28. 20
  29. 98
  30. 20
  31. cost + a markup
  32. 48
  33. 4
  34. 54
  35. 6
  36. 6
  37. 100
  38. 25
  39. 37
  40. 100

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