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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 410 · 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 cupcake costs ₹33 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  3. 3.One fruit cup costs ₹56 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One handmade card costs ₹44 to make and Kavya sells it for ₹66. What is the markup in percent?
  5. 5.One cup of lemonade costs ₹32 to make and Saanvi sells it for ₹40. What is the markup in percent?
  6. 6.One bag of popcorn costs ₹37 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One clay diya costs ₹32 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  9. 9.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  10. 10.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  11. 11.One handmade card costs ₹34 to make and Joseph sells it for ₹68. What is the markup in percent?
  12. 12.One cup of lemonade costs ₹10 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹10 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹30 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One fruit cup costs ₹40 to make and Riya sells it for ₹44. What is the markup in percent?
  16. 16.One bag of popcorn costs ₹36 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹52 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹56 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One paper bookmark costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹54 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One cupcake costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹31 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹30 to make and Zoya sells it for ₹33. What is the markup in percent?
  24. 24.One cupcake costs ₹10 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹60 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One fruit cup costs ₹38 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹56 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One friendship band costs ₹50 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One paper bookmark costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  30. 30.One fruit cup costs ₹60 to make and Saanvi sells it for ₹66. What is the markup in percent?
  31. 31.One fruit cup costs ₹42 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One cupcake costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One potted plant costs ₹54 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One painted pebble costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  35. 35.One clay diya costs ₹16 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹32 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One potted plant costs ₹20 to make and Nisha sells it for ₹30. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹55 to make and Meera sells it for ₹66. What is the markup in percent?
  40. 40.One friendship band costs ₹40 to make and Arjun sells it for ₹50. What is the markup in percent?

Answer key

  1. 66
  2. 10 rupees
  3. 14
  4. 50
  5. 25
  6. 37
  7. 40
  8. a loss
  9. what buyers will pay
  10. cost + a markup
  11. 100
  12. 12
  13. 1
  14. 45
  15. 10
  16. 45
  17. 13
  18. 70
  19. 33
  20. 81
  21. 11
  22. 62
  23. 10
  24. 12
  25. 6
  26. 57
  27. 28
  28. 25
  29. 10
  30. 10
  31. 21
  32. 3
  33. 27
  34. 10
  35. 24
  36. 40
  37. 1
  38. 50
  39. 20
  40. 25

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