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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 413 · 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 jute bag costs ₹30 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One jute bag costs ₹40 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One paper bookmark costs ₹50 to make and Aarav sells it for ₹55. What is the markup in percent?
  4. 4.One bag of popcorn costs ₹22 to make and Rohan sells it for ₹44. What is the markup in percent?
  5. 5.One glass of chai costs ₹46 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One cupcake costs ₹24 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One paper bookmark costs ₹12 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹20 to make and Joseph sells it for ₹25. What is the markup in percent?
  9. 9.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  10. 10.One fruit cup costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One cupcake costs ₹20 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One cupcake costs ₹44 to make and Riya sells it for ₹55. What is the markup in percent?
  13. 13.One painted pebble costs ₹44 to make and Diya sells it for ₹55. What is the markup in percent?
  14. 14.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  15. 15.One friendship band costs ₹24 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One clay diya costs ₹30 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹52 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?
  19. 19.One cup of lemonade costs ₹18 to make and Ananya sells it for ₹36. What is the markup in percent?
  20. 20.One painted pebble costs ₹10 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  22. 22.One cupcake costs ₹32 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One potted plant costs ₹40 to make and Kavya sells it for ₹44. What is the markup in percent?
  24. 24.One clay diya costs ₹32 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  25. 25.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  26. 26.One fruit cup costs ₹45 to make and Tara sells it for ₹54. What is the markup in percent?
  27. 27.One potted plant costs ₹22 to make and Dev sells it for ₹44. What is the markup in percent?
  28. 28.One friendship band costs ₹44 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹32 to make and Riya sells it for ₹40. What is the markup in percent?
  30. 30.One handmade card costs ₹12 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹60 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  32. 32.One handmade card costs ₹56 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹22 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹25 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One glass of chai costs ₹14 to make and Arjun sells it for ₹21. What is the markup in percent?
  36. 36.One fruit cup costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹30 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One fruit cup costs ₹28 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹15 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One cupcake costs ₹28 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 36
  2. 10
  3. 10
  4. 100
  5. 69
  6. 30
  7. 15
  8. 25
  9. cost + a markup
  10. 33
  11. 24
  12. 25
  13. 25
  14. a loss
  15. 48
  16. 15
  17. 26
  18. 10
  19. 100
  20. 1
  21. 10
  22. 16
  23. 10
  24. 40
  25. 10 rupees
  26. 20
  27. 100
  28. 22
  29. 25
  30. 6
  31. 10
  32. 84
  33. 33
  34. 30
  35. 50
  36. 22
  37. 3
  38. 35
  39. 18
  40. 56

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