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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 443 · 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 cupcake costs ₹60 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One potted plant costs ₹25 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One paper bookmark costs ₹34 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One friendship band costs ₹60 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One jute bag costs ₹25 to make and Joseph sells it for ₹50. What is the markup in percent?
  6. 6.One paper bookmark costs ₹16 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹50 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  10. 10.One jute bag costs ₹38 to make and Gurpreet sells it for ₹57. What is the markup in percent?
  11. 11.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  12. 12.One handmade card costs ₹20 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹50 to make and Saanvi sells it for ₹55. What is the markup in percent?
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  15. 15.One glass of chai costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹56 to make and Ananya sells it for ₹70. What is the markup in percent?
  17. 17.One handmade card costs ₹60 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹16 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One bag of popcorn costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  21. 21.One paper bookmark costs ₹50 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹29 to make and Nisha sells it for ₹58. What is the markup in percent?
  23. 23.One paper bookmark costs ₹48 to make and Kabir sells it for ₹72. What is the markup in percent?
  24. 24.One glass of chai costs ₹16 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹50 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One cup of lemonade costs ₹40 to make and Riya sells it for ₹48. What is the markup in percent?
  27. 27.One fruit cup costs ₹60 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One jute bag costs ₹44 to make and Ananya sells it for ₹66. What is the markup in percent?
  29. 29.One glass of chai costs ₹16 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One potted plant costs ₹45 to make and Aarav sells it for ₹54. What is the markup in percent?
  31. 31.One glass of chai costs ₹10 to make and Ishaan sells it for ₹11. What is the markup in percent?
  32. 32.One cupcake costs ₹55 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One bag of popcorn costs ₹32 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  35. 35.One fruit cup costs ₹10 to make and Arjun sells it for ₹11. What is the markup in percent?
  36. 36.One friendship band costs ₹12 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹36 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹10 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹12 to make and Saanvi sells it for ₹15. What is the markup in percent?
  40. 40.One clay diya costs ₹48 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 75
  2. 25
  3. 51
  4. 75
  5. 100
  6. 8
  7. 55
  8. 6
  9. a loss
  10. 50
  11. cost + a markup
  12. 2
  13. 10
  14. 10 rupees
  15. 1
  16. 25
  17. 66
  18. 32
  19. 66
  20. 10
  21. 60
  22. 100
  23. 50
  24. 20
  25. 5
  26. 20
  27. 75
  28. 50
  29. 8
  30. 20
  31. 10
  32. 66
  33. 8
  34. 10
  35. 10
  36. 15
  37. 45
  38. 2
  39. 25
  40. 60

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