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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 451 · 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 clay diya costs ₹24 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One bag of popcorn costs ₹32 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One fruit cup costs ₹35 to make and Gurpreet sells it for ₹42. What is the markup in percent?
  4. 4.One handmade card costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  5. 5.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  6. 6.One friendship band costs ₹20 to make and Nisha sells it for ₹22. What is the markup in percent?
  7. 7.One bag of popcorn costs ₹53 to make and Rohan sells it for ₹106. What is the markup in percent?
  8. 8.One cupcake costs ₹50 to make and Aarav sells it for ₹55. What is the markup in percent?
  9. 9.One paper bookmark costs ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One potted plant costs ₹54 to make and Rohan sells it for ₹108. What is the markup in percent?
  11. 11.One cup of lemonade costs ₹15 to make and Zoya sells it for ₹30. What is the markup in percent?
  12. 12.One jute bag costs ₹48 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  13. 13.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  14. 14.One jute bag costs ₹30 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One cup of lemonade costs ₹60 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One cup of lemonade costs ₹28 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One friendship band costs ₹50 to make and Lakshmi sells it for ₹55. What is the markup in percent?
  18. 18.One bag of popcorn costs ₹24 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One friendship band costs ₹35 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  20. 20.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  21. 21.One painted pebble costs ₹56 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One friendship band costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One fruit cup costs ₹60 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹41 to make and Tara sells it for ₹82. What is the markup in percent?
  26. 26.One potted plant costs ₹38 to make and Saanvi sells it for ₹57. What is the markup in percent?
  27. 27.One bag of popcorn costs ₹20 to make and Dev sells it for ₹22. What is the markup in percent?
  28. 28.One paper bookmark costs ₹15 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One paper bookmark costs ₹24 to make and Kabir sells it for ₹36. What is the markup in percent?
  30. 30.One potted plant costs ₹58 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One painted pebble costs ₹28 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹13 to make and Ishaan sells it for ₹26. What is the markup in percent?
  33. 33.One glass of chai costs ₹45 to make and Arjun sells it for ₹54. What is the markup in percent?
  34. 34.One glass of chai costs ₹30 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One cupcake costs ₹15 to make and Riya sells it for ₹30. What is the markup in percent?
  36. 36.One handmade card costs ₹54 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One painted pebble costs ₹36 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One cupcake costs ₹42 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One cupcake costs ₹40 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One painted pebble costs ₹27 to make and Diya sells it for ₹54. What is the markup in percent?

Answer key

  1. 36
  2. 40
  3. 20
  4. 10
  5. cost + a markup
  6. 10
  7. 100
  8. 10
  9. 3
  10. 100
  11. 100
  12. 60
  13. 10 rupees
  14. 36
  15. 72
  16. 42
  17. 10
  18. 30
  19. 42
  20. what buyers will pay
  21. 28
  22. 33
  23. 2
  24. 15
  25. 100
  26. 50
  27. 10
  28. 18
  29. 50
  30. 116
  31. 35
  32. 100
  33. 20
  34. 6
  35. 100
  36. 54
  37. 9
  38. 21
  39. 4
  40. 100

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