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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 420 · 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 ₹47 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One jute bag costs ₹50 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  4. 4.One jute bag costs ₹30 to make and Lakshmi sells it for ₹33. What is the markup in percent?
  5. 5.One cup of lemonade costs ₹22 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One bag of popcorn costs ₹30 to make and Rohan sells it for ₹33. What is the markup in percent?
  7. 7.One clay diya costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One handmade card costs ₹50 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  10. 10.One fruit cup costs ₹60 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One potted plant costs ₹30 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹50 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One jute bag costs ₹15 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One fruit cup costs ₹32 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹50 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One painted pebble costs ₹37 to make and Tara sells it for ₹74. What is the markup in percent?
  17. 17.One friendship band costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One handmade card costs ₹10 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One fruit cup costs ₹13 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One paper bookmark costs ₹48 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹14 to make and Rohan sells it for ₹21. What is the markup in percent?
  22. 22.One clay diya costs ₹41 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One paper bookmark costs ₹30 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  24. 24.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  25. 25.One paper bookmark costs ₹48 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹50 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One fruit cup costs ₹50 to make and Kavya sells it for ₹55. What is the markup in percent?
  29. 29.One potted plant costs ₹28 to make and Kavya sells it for ₹42. What is the markup in percent?
  30. 30.One handmade card costs ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹29 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹25 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One jute bag costs ₹20 to make and Joseph sells it for ₹30. What is the markup in percent?
  34. 34.One bag of popcorn costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One potted plant costs ₹60 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One handmade card costs ₹57 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹30 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹10 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One handmade card costs ₹15 to make and Rohan sells it for ₹18. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹40 to make and Riya sells it for ₹50. What is the markup in percent?

Answer key

  1. 94
  2. 60
  3. cost + a markup
  4. 10
  5. 33
  6. 10
  7. 6
  8. 60
  9. what buyers will pay
  10. 66
  11. 45
  12. 60
  13. 15
  14. 40
  15. 5
  16. 100
  17. 6
  18. 2
  19. 13
  20. 60
  21. 50
  22. 41
  23. 36
  24. a loss
  25. 60
  26. 44
  27. 5
  28. 10
  29. 50
  30. 6
  31. 58
  32. 5
  33. 50
  34. 55
  35. 66
  36. 57
  37. 6
  38. 2
  39. 20
  40. 25

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