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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 427 · 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 paper bookmark costs ₹20 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One handmade card costs ₹44 to make and Aarav sells it for ₹55. What is the markup in percent?
  3. 3.One cup of lemonade costs ₹54 to make and Meera sells it for ₹81. What is the markup in percent?
  4. 4.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  6. 6.One handmade card costs ₹45 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  7. 7.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  8. 8.One cup of lemonade costs ₹18 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One potted plant costs ₹28 to make and Aarav sells it for ₹56. What is the markup in percent?
  10. 10.One cup of lemonade costs ₹30 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One handmade card costs ₹20 to make and Arjun sells it for ₹24. What is the markup in percent?
  12. 12.One fruit cup costs ₹32 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One fruit cup costs ₹26 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One bag of popcorn costs ₹35 to make and Lakshmi sells it for ₹42. What is the markup in percent?
  15. 15.One jute bag costs ₹36 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹46 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One friendship band costs ₹20 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹40 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹38 to make and Joseph sells it for ₹57. What is the markup in percent?
  20. 20.One jute bag costs ₹32 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹55 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One bag of popcorn costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One jute bag costs ₹16 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  25. 25.One handmade card costs ₹12 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹50 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹34 to make and Saanvi sells it for ₹51. What is the markup in percent?
  28. 28.One friendship band costs ₹56 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹24 to make and Saanvi sells it for ₹30. What is the markup in percent?
  30. 30.One jute bag costs ₹51 to make and Farhan sells it for ₹102. What is the markup in percent?
  31. 31.One handmade card costs ₹27 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One friendship band costs ₹25 to make and Kavya sells it for ₹50. What is the markup in percent?
  33. 33.One painted pebble costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  34. 34.One glass of chai costs ₹44 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹50 to make and Joseph sells it for ₹100. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹40 to make and Aarav sells it for ₹80. What is the markup in percent?
  37. 37.One fruit cup costs ₹56 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One potted plant costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 24
  2. 25
  3. 50
  4. cost + a markup
  5. 10 rupees
  6. 54
  7. a loss
  8. 36
  9. 100
  10. 36
  11. 20
  12. 8
  13. 52
  14. 20
  15. 45
  16. 69
  17. 25
  18. 44
  19. 50
  20. 8
  21. 66
  22. 11
  23. 8
  24. what buyers will pay
  25. 3
  26. 5
  27. 50
  28. 28
  29. 25
  30. 100
  31. 27
  32. 100
  33. 10
  34. 55
  35. 100
  36. 100
  37. 84
  38. 33
  39. 1
  40. 66

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