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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 458 · 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 ₹20 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  3. 3.One handmade card costs ₹57 to make and Diya sells it for ₹114. What is the markup in percent?
  4. 4.One glass of chai costs ₹56 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One jute bag costs ₹60 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One glass of chai costs ₹20 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One glass of chai costs ₹47 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One friendship band costs ₹36 to make and Riya sells it for ₹72. What is the markup in percent?
  9. 9.One paper bookmark costs ₹16 to make and Saanvi sells it for ₹20. What is the markup in percent?
  10. 10.One glass of chai costs ₹40 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One handmade card costs ₹48 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.One bag of popcorn costs ₹34 to make and Aarav sells it for ₹51. What is the markup in percent?
  13. 13.One friendship band costs ₹14 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One jute bag costs ₹24 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One potted plant costs ₹10 to make and Joseph sells it for ₹12. What is the markup in percent?
  16. 16.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  17. 17.One jute bag costs ₹10 to make and Lakshmi sells it for ₹11. What is the markup in percent?
  18. 18.One bag of popcorn costs ₹15 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  19. 19.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  20. 20.One cup of lemonade costs ₹25 to make and Joseph sells it for ₹30. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One friendship band costs ₹38 to make and Rohan sells it for ₹57. What is the markup in percent?
  23. 23.One friendship band costs ₹15 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One painted pebble costs ₹30 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One paper bookmark costs ₹30 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One jute bag costs ₹52 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹51 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One fruit cup costs ₹54 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One cup of lemonade costs ₹52 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹58 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹20 to make and Zoya sells it for ₹22. What is the markup in percent?
  32. 32.One fruit cup costs ₹40 to make and Kabir sells it for ₹60. What is the markup in percent?
  33. 33.One paper bookmark costs ₹56 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹26 to make and Gurpreet sells it for ₹39. What is the markup in percent?
  35. 35.One handmade card costs ₹32 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹20 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹55 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One friendship band costs ₹40 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One handmade card costs ₹56 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One fruit cup costs ₹26 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 24
  2. 10 rupees
  3. 100
  4. 14
  5. 6
  6. 22
  7. 47
  8. 100
  9. 25
  10. 4
  11. 24
  12. 50
  13. 21
  14. 6
  15. 20
  16. cost + a markup
  17. 10
  18. 18
  19. a loss
  20. 20
  21. 2
  22. 50
  23. 18
  24. 33
  25. 6
  26. 65
  27. 51
  28. 81
  29. 65
  30. 29
  31. 10
  32. 50
  33. 56
  34. 50
  35. 40
  36. 4
  37. 55
  38. 4
  39. 14
  40. 39

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