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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 440 · 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 ₹10 to make and Kavya sells it for ₹15. What is the markup in percent?
  2. 2.One friendship band costs ₹60 to make and Meera sells it for ₹75. What is the markup in percent?
  3. 3.One glass of chai costs ₹56 to make and Arjun sells it for ₹84. What is the markup in percent?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  5. 5.One cupcake costs ₹28 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One glass of chai costs ₹60 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.One clay diya costs ₹40 to make and Diya sells it for ₹44. What is the markup in percent?
  8. 8.One cup of lemonade costs ₹43 to make and Meera sells it for ₹86. What is the markup in percent?
  9. 9.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  10. 10.One bag of popcorn costs ₹16 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One handmade card costs ₹36 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One painted pebble costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  13. 13.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  14. 14.One painted pebble costs ₹24 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One cup of lemonade costs ₹36 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One painted pebble costs ₹45 to make and Nisha sells it for ₹54. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹40 to make and Joseph sells it for ₹60. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹60 to make and Vihaan sells it for ₹72. What is the markup in percent?
  20. 20.One glass of chai costs ₹34 to make and Diya sells it for ₹51. What is the markup in percent?
  21. 21.One potted plant costs ₹45 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹60 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One cup of lemonade costs ₹60 to make and Ananya sells it for ₹75. What is the markup in percent?
  24. 24.One cup of lemonade costs ₹16 to make and Arjun sells it for ₹20. What is the markup in percent?
  25. 25.One fruit cup costs ₹30 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹40 to make and Riya sells it for ₹48. What is the markup in percent?
  27. 27.One paper bookmark costs ₹38 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One potted plant costs ₹47 to make and Nisha sells it for ₹94. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹24 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One fruit cup costs ₹20 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One cup of lemonade costs ₹10 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One friendship band costs ₹36 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One friendship band costs ₹60 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One cup of lemonade costs ₹58 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹60 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One bag of popcorn costs ₹33 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One clay diya costs ₹58 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹15 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One potted plant costs ₹36 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One potted plant costs ₹60 to make and Lakshmi sells it for ₹66. What is the markup in percent?

Answer key

  1. 50
  2. 25
  3. 50
  4. 10 rupees
  5. 35
  6. 12
  7. 10
  8. 100
  9. cost + a markup
  10. 16
  11. 9
  12. 10
  13. what buyers will pay
  14. 30
  15. 54
  16. 20
  17. 11
  18. 50
  19. 20
  20. 50
  21. 9
  22. 12
  23. 25
  24. 25
  25. 3
  26. 20
  27. 57
  28. 100
  29. 30
  30. 2
  31. 5
  32. 9
  33. 72
  34. 87
  35. 15
  36. 66
  37. 87
  38. 3
  39. 18
  40. 10

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