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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 462 · 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 ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹10 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  4. 4.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  5. 5.One cup of lemonade costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One potted plant costs ₹53 to make and Kabir sells it for ₹106. What is the markup in percent?
  7. 7.One glass of chai costs ₹10 to make and Rohan sells it for ₹12. What is the markup in percent?
  8. 8.One paper bookmark costs ₹29 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  10. 10.One clay diya costs ₹50 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One friendship band costs ₹28 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹49 to make and Rohan sells it for ₹98. What is the markup in percent?
  13. 13.One glass of chai costs ₹15 to make and Tara sells it for ₹18. What is the markup in percent?
  14. 14.One fruit cup costs ₹44 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹17 to make and Tara sells it for ₹34. What is the markup in percent?
  16. 16.One painted pebble costs ₹20 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One jute bag costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  18. 18.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  19. 19.One painted pebble costs ₹32 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One potted plant costs ₹48 to make and Tara sells it for ₹60. What is the markup in percent?
  21. 21.One jute bag costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹25 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One glass of chai costs ₹56 to make and Meera sells it for ₹84. What is the markup in percent?
  24. 24.One jute bag costs ₹44 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One jute bag costs ₹44 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One cupcake costs ₹48 to make and Joseph sells it for ₹96. What is the markup in percent?
  27. 27.One glass of chai costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  29. 29.One bag of popcorn costs ₹48 to make and Ishaan sells it for ₹72. What is the markup in percent?
  30. 30.One clay diya costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹55 to make and Rohan sells it for ₹66. What is the markup in percent?
  32. 32.One potted plant costs ₹10 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One paper bookmark costs ₹35 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One cupcake costs ₹40 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹25 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One jute bag costs ₹12 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹26 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹36 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One cupcake costs ₹10 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹20 to make and Arjun sells it for ₹24. What is the markup in percent?

Answer key

  1. 22
  2. 12
  3. 10 rupees
  4. a loss
  5. 2
  6. 100
  7. 20
  8. 58
  9. what buyers will pay
  10. 10
  11. 35
  12. 100
  13. 20
  14. 11
  15. 100
  16. 25
  17. 44
  18. cost + a markup
  19. 40
  20. 25
  21. 6
  22. 5
  23. 50
  24. 11
  25. 11
  26. 100
  27. 44
  28. 10
  29. 50
  30. 33
  31. 20
  32. 2
  33. 42
  34. 44
  35. 5
  36. 18
  37. 52
  38. 18
  39. 5
  40. 20

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