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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 466 · 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 potted plant costs ₹12 to make and Ananya sells it for ₹24. What is the markup in percent?
  2. 2.One potted plant costs ₹40 to make and Ananya sells it for ₹44. What is the markup in percent?
  3. 3.One potted plant costs ₹10 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One bag of popcorn costs ₹30 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹40 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹56 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One painted pebble costs ₹45 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One potted plant costs ₹31 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  10. 10.One glass of chai costs ₹60 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  12. 12.One bag of popcorn costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One friendship band costs ₹12 to make and Vihaan sells it for ₹15. What is the markup in percent?
  14. 14.One handmade card costs ₹22 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹49 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹12 to make and Gurpreet sells it for ₹18. What is the markup in percent?
  17. 17.One paper bookmark costs ₹60 to make and Zoya sells it for ₹66. What is the markup in percent?
  18. 18.One glass of chai costs ₹36 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One bag of popcorn costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹29 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One clay diya costs ₹30 to make and Lakshmi sells it for ₹45. What is the markup in percent?
  22. 22.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  23. 23.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  24. 24.One fruit cup costs ₹48 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One potted plant costs ₹16 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One glass of chai costs ₹46 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹56 to make and Dev sells it for ₹70. What is the markup in percent?
  28. 28.One painted pebble costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹30 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹26 to make and Diya sells it for ₹52. What is the markup in percent?
  31. 31.One cupcake costs ₹23 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹24 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹32 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹55 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹46 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹50 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One fruit cup costs ₹14 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One clay diya costs ₹20 to make and Nisha sells it for ₹25. What is the markup in percent?
  39. 39.One paper bookmark costs ₹14 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One painted pebble costs ₹15 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 100
  2. 10
  3. 2
  4. 36
  5. 44
  6. 28
  7. 45
  8. 31
  9. cost + a markup
  10. 15
  11. 10 rupees
  12. 1
  13. 25
  14. 33
  15. 49
  16. 50
  17. 10
  18. 36
  19. 11
  20. 29
  21. 50
  22. a loss
  23. what buyers will pay
  24. 60
  25. 4
  26. 92
  27. 25
  28. 22
  29. 36
  30. 100
  31. 46
  32. 30
  33. 8
  34. 11
  35. 69
  36. 5
  37. 28
  38. 25
  39. 7
  40. 3

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