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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 415 · 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.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  2. 2.One fruit cup costs ₹38 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One potted plant costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One bag of popcorn costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One glass of chai costs ₹60 to make and Kabir sells it for ₹75. What is the markup in percent?
  6. 6.One fruit cup costs ₹24 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  7. 7.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  8. 8.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) nothing else (d) your favourite number
  9. 9.One jute bag costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One bag of popcorn costs ₹13 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹29 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One bag of popcorn costs ₹48 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One potted plant costs ₹20 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One fruit cup costs ₹50 to make and Tara sells it for ₹55. What is the markup in percent?
  15. 15.One jute bag costs ₹30 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One glass of chai costs ₹50 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One fruit cup costs ₹48 to make and Vihaan sells it for ₹60. What is the markup in percent?
  18. 18.One handmade card costs ₹60 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  20. 20.One bag of popcorn costs ₹12 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One handmade card costs ₹40 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One paper bookmark costs ₹24 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One fruit cup costs ₹40 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One cup of lemonade costs ₹28 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹29 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹54 to make and Aarav sells it for ₹81. What is the markup in percent?
  27. 27.One jute bag costs ₹40 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One handmade card costs ₹39 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One friendship band costs ₹50 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One bag of popcorn costs ₹20 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One jute bag costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹52 to make and Arjun sells it for ₹104. What is the markup in percent?
  33. 33.One clay diya costs ₹59 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One friendship band costs ₹46 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹35 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  37. 37.One fruit cup costs ₹10 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One painted pebble costs ₹59 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One handmade card costs ₹55 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹52 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 10 rupees
  2. 38
  3. 65
  4. 66
  5. 25
  6. 30
  7. a loss
  8. what buyers will pay
  9. 44
  10. 26
  11. 29
  12. 12
  13. 5
  14. 10
  15. 6
  16. 10
  17. 25
  18. 6
  19. cost + a markup
  20. 3
  21. 10
  22. 6
  23. 60
  24. 56
  25. 29
  26. 50
  27. 10
  28. 39
  29. 25
  30. 24
  31. 3
  32. 100
  33. 59
  34. 92
  35. 42
  36. 10
  37. 10
  38. 59
  39. 55
  40. 104

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