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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 428 · 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 fruit cup costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One handmade card costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost − a markup (d) cost + a markup
  4. 4.One friendship band costs ₹35 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One painted pebble costs ₹16 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  6. 6.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  7. 7.One handmade card costs ₹54 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One potted plant costs ₹52 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One cup of lemonade costs ₹25 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One jute bag costs ₹12 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.One painted pebble costs ₹55 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One friendship band costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  13. 13.One cup of lemonade costs ₹18 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 50 rupees (d) 20 rupees
  15. 15.One paper bookmark costs ₹15 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One handmade card costs ₹44 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹60 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One painted pebble costs ₹28 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹20 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  21. 21.One friendship band costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹45 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One clay diya costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  24. 24.One handmade card costs ₹25 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One clay diya costs ₹50 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One bag of popcorn costs ₹48 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹57 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One clay diya costs ₹30 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹10 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One jute bag costs ₹30 to make and Saanvi sells it for ₹33. What is the markup in percent?
  31. 31.One bag of popcorn costs ₹37 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹50 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹40 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹57 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹50 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹20 to make and Farhan sells it for ₹22. What is the markup in percent?
  40. 40.One potted plant costs ₹55 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 44
  2. 44
  3. cost + a markup
  4. 7
  5. 20
  6. what buyers will pay
  7. 27
  8. 65
  9. 30
  10. 6
  11. 11
  12. 10
  13. 18
  14. 10 rupees
  15. 3
  16. 55
  17. 90
  18. 35
  19. 10
  20. a loss
  21. 22
  22. 9
  23. 10
  24. 5
  25. 10
  26. 12
  27. 57
  28. 30
  29. 5
  30. 10
  31. 74
  32. 60
  33. 48
  34. 57
  35. 3
  36. 2
  37. 22
  38. 55
  39. 10
  40. 11

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