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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 432 · 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 ₹47 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  3. 3.One painted pebble costs ₹40 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One jute bag costs ₹11 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  6. 6.One cup of lemonade costs ₹20 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One potted plant costs ₹29 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹20 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One clay diya costs ₹60 to make and Tara sells it for ₹72. What is the markup in percent?
  10. 10.One friendship band costs ₹50 to make and Aarav sells it for ₹55. What is the markup in percent?
  11. 11.One cupcake costs ₹48 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹60 to make and Rohan sells it for ₹75. What is the markup in percent?
  13. 13.One painted pebble costs ₹40 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One bag of popcorn costs ₹22 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One jute bag costs ₹44 to make and Aarav sells it for ₹66. What is the markup in percent?
  16. 16.One cup of lemonade costs ₹48 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One clay diya costs ₹50 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹20 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One clay diya costs ₹12 to make and Ishaan sells it for ₹15. What is the markup in percent?
  20. 20.One glass of chai costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹30 to make and Riya sells it for ₹36. What is the markup in percent?
  22. 22.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  23. 23.One handmade card costs ₹25 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One fruit cup costs ₹25 to make and Kabir sells it for ₹50. What is the markup in percent?
  25. 25.One bag of popcorn costs ₹52 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One jute bag costs ₹36 to make and Ishaan sells it for ₹45. What is the markup in percent?
  27. 27.One friendship band costs ₹45 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One clay diya costs ₹40 to make and Kabir sells it for ₹44. What is the markup in percent?
  29. 29.One bag of popcorn costs ₹39 to make and Ishaan sells it for ₹78. What is the markup in percent?
  30. 30.One handmade card costs ₹20 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹56 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One potted plant costs ₹20 to make and Zoya sells it for ₹22. What is the markup in percent?
  33. 33.One cup of lemonade costs ₹19 to make and Tara sells it for ₹38. What is the markup in percent?
  34. 34.One fruit cup costs ₹57 to make and Riya sells it for ₹114. What is the markup in percent?
  35. 35.One cupcake costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?
  36. 36.One handmade card costs ₹40 to make and Zoya sells it for ₹50. What is the markup in percent?
  37. 37.One clay diya costs ₹15 to make and Rohan sells it for ₹18. What is the markup in percent?
  38. 38.One friendship band costs ₹12 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One cupcake costs ₹16 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹20 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 47
  2. 10 rupees
  3. 8
  4. 11
  5. cost + a markup
  6. 25
  7. 58
  8. 4
  9. 20
  10. 10
  11. 96
  12. 25
  13. 60
  14. 33
  15. 50
  16. 12
  17. 75
  18. 4
  19. 25
  20. 10
  21. 20
  22. a loss
  23. 5
  24. 100
  25. 65
  26. 25
  27. 9
  28. 10
  29. 100
  30. 25
  31. 70
  32. 10
  33. 100
  34. 100
  35. 10
  36. 25
  37. 20
  38. 3
  39. 24
  40. 24

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