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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 405 · 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 fruit cup costs ₹35 to make and Meera sells it for ₹70. What is the markup in percent?
  2. 2.One handmade card costs ₹20 to make and Riya sells it for ₹22. What is the markup in percent?
  3. 3.One bag of popcorn costs ₹51 to make and Vihaan sells it for ₹102. What is the markup in percent?
  4. 4.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  5. 5.One cupcake costs ₹42 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  6. 6.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
  7. 7.One friendship band costs ₹46 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One jute bag costs ₹33 to make and Joseph sells it for ₹66. What is the markup in percent?
  9. 9.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  10. 10.One cupcake costs ₹16 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One glass of chai costs ₹50 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One friendship band costs ₹52 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One friendship band costs ₹47 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One painted pebble costs ₹40 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹60 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One cup of lemonade costs ₹50 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One painted pebble costs ₹52 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One friendship band costs ₹26 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One glass of chai costs ₹28 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹58 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹56 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One painted pebble costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?
  25. 25.One potted plant costs ₹24 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One bag of popcorn costs ₹50 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One potted plant costs ₹32 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One fruit cup costs ₹24 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹60 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One glass of chai costs ₹60 to make and Riya sells it for ₹66. What is the markup in percent?
  31. 31.One cupcake costs ₹22 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹56 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  34. 34.One fruit cup costs ₹50 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹20 to make and Rohan sells it for ₹25. What is the markup in percent?
  36. 36.One fruit cup costs ₹28 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One clay diya costs ₹45 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  39. 39.One glass of chai costs ₹40 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One cup of lemonade costs ₹18 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 100
  2. 10
  3. 100
  4. what buyers will pay
  5. 84
  6. a loss
  7. 92
  8. 100
  9. cost + a markup
  10. 24
  11. 1
  12. 55
  13. 78
  14. 94
  15. 12
  16. 44
  17. 72
  18. 10
  19. 26
  20. 13
  21. 7
  22. 87
  23. 14
  24. 10
  25. 30
  26. 55
  27. 40
  28. 6
  29. 90
  30. 10
  31. 44
  32. 70
  33. 10
  34. 55
  35. 25
  36. 7
  37. 45
  38. 10 rupees
  39. 10
  40. 9

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