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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 439 · 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 potted plant costs ₹56 to make and Aarav sells it for ₹84. What is the markup in percent?
  2. 2.One cup of lemonade costs ₹46 to make and Diya sells it for ₹69. What is the markup in percent?
  3. 3.One cupcake costs ₹52 to make and Riya sells it for ₹65. What is the markup in percent?
  4. 4.One cup of lemonade costs ₹10 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One clay diya costs ₹60 to make and Ishaan sells it for ₹75. What is the markup in percent?
  6. 6.One handmade card costs ₹52 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One paper bookmark costs ₹16 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One clay diya costs ₹24 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.One glass of chai costs ₹16 to make and Dev sells it for ₹20. What is the markup in percent?
  10. 10.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) your favourite number (d) the weather only
  11. 11.One bag of popcorn costs ₹30 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹60 to make and Nisha sells it for ₹120. What is the markup in percent?
  13. 13.One friendship band costs ₹28 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One cupcake costs ₹10 to make and Dev sells it for ₹11. What is the markup in percent?
  15. 15.One handmade card costs ₹56 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One painted pebble costs ₹20 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One fruit cup costs ₹60 to make and Dev sells it for ₹66. What is the markup in percent?
  18. 18.One potted plant costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  19. 19.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  20. 20.One friendship band costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  22. 22.One paper bookmark costs ₹40 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One jute bag costs ₹16 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹48 to make and Zoya sells it for ₹96. What is the markup in percent?
  25. 25.One painted pebble costs ₹54 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One bag of popcorn costs ₹42 to make and Arjun sells it for ₹84. What is the markup in percent?
  27. 27.One friendship band costs ₹24 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹20 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One glass of chai costs ₹28 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One glass of chai costs ₹31 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One potted plant costs ₹55 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One glass of chai costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹56 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One cupcake costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  35. 35.One clay diya costs ₹10 to make and Kabir sells it for ₹12. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹24 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One cup of lemonade costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹60 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  40. 40.One fruit cup costs ₹35 to make. Riya adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 50
  3. 25
  4. 12
  5. 25
  6. 65
  7. 4
  8. 12
  9. 25
  10. what buyers will pay
  11. 33
  12. 100
  13. 35
  14. 10
  15. 70
  16. 2
  17. 10
  18. 11
  19. 10 rupees
  20. 1
  21. cost + a markup
  22. 44
  23. 20
  24. 100
  25. 54
  26. 100
  27. 36
  28. 24
  29. 35
  30. 62
  31. 66
  32. 44
  33. 70
  34. 10
  35. 20
  36. 48
  37. 22
  38. 72
  39. 10
  40. 42

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