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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 424 · 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) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  2. 2.One clay diya costs ₹44 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One handmade card costs ₹28 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One glass of chai costs ₹44 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One bag of popcorn costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹40 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  7. 7.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) nothing else (d) the weather only
  8. 8.One potted plant costs ₹20 to make and Diya sells it for ₹24. What is the markup in percent?
  9. 9.One friendship band costs ₹56 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹16 to make and Nisha sells it for ₹20. What is the markup in percent?
  11. 11.One potted plant costs ₹30 to make and Ishaan sells it for ₹33. What is the markup in percent?
  12. 12.One potted plant costs ₹20 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One friendship band costs ₹26 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One cupcake costs ₹55 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹32 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One fruit cup costs ₹50 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One clay diya costs ₹30 to make and Zoya sells it for ₹33. What is the markup in percent?
  18. 18.One paper bookmark costs ₹42 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One bag of popcorn costs ₹32 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹45 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹20 to make and Vihaan sells it for ₹24. What is the markup in percent?
  22. 22.One friendship band costs ₹49 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹20 to make and Joseph sells it for ₹25. What is the markup in percent?
  24. 24.One cupcake costs ₹48 to make and Kavya sells it for ₹60. What is the markup in percent?
  25. 25.One cupcake costs ₹10 to make and Riya sells it for ₹12. What is the markup in percent?
  26. 26.One clay diya costs ₹12 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One clay diya costs ₹55 to make and Dev sells it for ₹66. What is the markup in percent?
  28. 28.One jute bag costs ₹50 to make and Kabir sells it for ₹60. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹41 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One clay diya costs ₹37 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One painted pebble costs ₹24 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One clay diya costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  33. 33.One jute bag costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One glass of chai costs ₹25 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  35. 35.One paper bookmark costs ₹10 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One painted pebble costs ₹20 to make and Ananya sells it for ₹25. What is the markup in percent?
  37. 37.One glass of chai costs ₹58 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One painted pebble costs ₹30 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹60 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹16 to make and Ishaan sells it for ₹32. What is the markup in percent?

Answer key

  1. 10 rupees
  2. 11
  3. 7
  4. 44
  5. 10
  6. 60
  7. what buyers will pay
  8. 20
  9. 84
  10. 25
  11. 10
  12. 24
  13. 39
  14. 66
  15. 32
  16. 10
  17. 10
  18. 21
  19. 48
  20. 90
  21. 20
  22. 98
  23. 25
  24. 25
  25. 20
  26. 3
  27. 20
  28. 20
  29. 82
  30. 37
  31. 6
  32. 10
  33. 33
  34. 20
  35. 15
  36. 25
  37. 29
  38. 36
  39. 75
  40. 100

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