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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 429 · 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 bag of popcorn costs ₹24 to make and Lakshmi sells it for ₹48. What is the markup in percent?
  2. 2.One clay diya costs ₹52 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One clay diya costs ₹40 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One handmade card costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One jute bag costs ₹20 to make and Saanvi sells it for ₹24. What is the markup in percent?
  6. 6.One jute bag costs ₹12 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One painted pebble costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One friendship band costs ₹24 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  10. 10.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  11. 11.One cup of lemonade costs ₹20 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One fruit cup costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One friendship band costs ₹52 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One painted pebble costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One jute bag costs ₹30 to make and Rohan sells it for ₹33. What is the markup in percent?
  16. 16.One painted pebble costs ₹10 to make and Kavya sells it for ₹12. What is the markup in percent?
  17. 17.One painted pebble costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹35 to make and Tara sells it for ₹42. What is the markup in percent?
  19. 19.One friendship band costs ₹55 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  20. 20.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  21. 21.One fruit cup costs ₹60 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One cupcake costs ₹50 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One potted plant costs ₹15 to make and Arjun sells it for ₹18. What is the markup in percent?
  24. 24.One glass of chai costs ₹45 to make and Meera sells it for ₹54. What is the markup in percent?
  25. 25.One paper bookmark costs ₹30 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One cupcake costs ₹21 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹44 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One friendship band costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  29. 29.One handmade card costs ₹20 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹32 to make and Tara sells it for ₹48. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹60 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹60 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹25 to make and Joseph sells it for ₹30. What is the markup in percent?
  36. 36.One friendship band costs ₹50 to make and Joseph sells it for ₹55. What is the markup in percent?
  37. 37.One handmade card costs ₹34 to make and Lakshmi sells it for ₹68. What is the markup in percent?
  38. 38.One clay diya costs ₹51 to make and Nisha sells it for ₹102. What is the markup in percent?
  39. 39.One friendship band costs ₹36 to make and Meera sells it for ₹45. What is the markup in percent?
  40. 40.One potted plant costs ₹18 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 100
  2. 65
  3. 60
  4. 6
  5. 20
  6. 15
  7. 66
  8. 11
  9. 30
  10. a loss
  11. 4
  12. 22
  13. 52
  14. 3
  15. 10
  16. 20
  17. 11
  18. 20
  19. 66
  20. 10 rupees
  21. 72
  22. 10
  23. 20
  24. 20
  25. 6
  26. 42
  27. 11
  28. 10
  29. 25
  30. 10
  31. 50
  32. 72
  33. 33
  34. 72
  35. 20
  36. 10
  37. 100
  38. 100
  39. 25
  40. 27

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