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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 459 · 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 painted pebble costs ₹25 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  4. 4.One bag of popcorn costs ₹49 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  6. 6.One glass of chai costs ₹22 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One jute bag costs ₹56 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹16 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 50 rupees (d) 5 rupees
  10. 10.One cupcake costs ₹15 to make and Joseph sells it for ₹18. What is the markup in percent?
  11. 11.One painted pebble costs ₹55 to make and Riya sells it for ₹66. What is the markup in percent?
  12. 12.One potted plant costs ₹23 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹56 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹10 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One paper bookmark costs ₹25 to make and Diya sells it for ₹50. What is the markup in percent?
  16. 16.One paper bookmark costs ₹32 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  17. 17.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  18. 18.One jute bag costs ₹10 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹20 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One friendship band costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹40 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One cupcake costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One cupcake costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  25. 25.One painted pebble costs ₹35 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹40 to make and Arjun sells it for ₹44. What is the markup in percent?
  27. 27.One glass of chai costs ₹12 to make and Kavya sells it for ₹15. What is the markup in percent?
  28. 28.One paper bookmark costs ₹44 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹18 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹50 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One painted pebble costs ₹49 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹56 to make and Joseph sells it for ₹84. What is the markup in percent?
  33. 33.One clay diya costs ₹46 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹38 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹10 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹54 to make and Joseph sells it for ₹81. What is the markup in percent?
  37. 37.One handmade card costs ₹60 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One cup of lemonade costs ₹45 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One friendship band costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One glass of chai costs ₹25 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 30
  2. 22
  3. what buyers will pay
  4. 98
  5. cost + a markup
  6. 11
  7. 70
  8. 8
  9. 10 rupees
  10. 20
  11. 20
  12. 46
  13. 14
  14. 11
  15. 100
  16. 40
  17. a loss
  18. 12
  19. 2
  20. 66
  21. 10
  22. 33
  23. 55
  24. 10
  25. 7
  26. 10
  27. 25
  28. 11
  29. 27
  30. 100
  31. 98
  32. 50
  33. 23
  34. 76
  35. 12
  36. 50
  37. 66
  38. 9
  39. 66
  40. 5

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