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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 467 · 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 bag of popcorn costs ₹52 to make and Nisha sells it for ₹65. What is the markup in percent?
  2. 2.One fruit cup costs ₹56 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  4. 4.One glass of chai costs ₹50 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One handmade card costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One glass of chai costs ₹40 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  7. 7.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  8. 8.One cup of lemonade costs ₹32 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One fruit cup costs ₹44 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One painted pebble costs ₹24 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One jute bag costs ₹15 to make and Lakshmi sells it for ₹18. What is the markup in percent?
  12. 12.One cupcake costs ₹55 to make and Kabir sells it for ₹66. What is the markup in percent?
  13. 13.One handmade card costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  15. 15.One fruit cup costs ₹60 to make and Tara sells it for ₹72. What is the markup in percent?
  16. 16.One friendship band costs ₹12 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One bag of popcorn costs ₹12 to make and Aarav sells it for ₹18. What is the markup in percent?
  18. 18.One potted plant costs ₹12 to make and Kabir sells it for ₹15. What is the markup in percent?
  19. 19.One fruit cup costs ₹30 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹18 to make and Farhan sells it for ₹36. What is the markup in percent?
  21. 21.One fruit cup costs ₹26 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One clay diya costs ₹35 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One friendship band costs ₹36 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One glass of chai costs ₹32 to make and Meera sells it for ₹40. What is the markup in percent?
  25. 25.One cupcake costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One cup of lemonade costs ₹10 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹20 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One potted plant costs ₹15 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One painted pebble costs ₹24 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One bag of popcorn costs ₹60 to make and Meera sells it for ₹75. What is the markup in percent?
  31. 31.One cupcake costs ₹18 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One fruit cup costs ₹50 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹15 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹26 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One friendship band costs ₹48 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One handmade card costs ₹42 to make and Lakshmi sells it for ₹84. What is the markup in percent?
  37. 37.One handmade card costs ₹32 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One cupcake costs ₹40 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One glass of chai costs ₹18 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One bag of popcorn costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 25
  2. 70
  3. cost + a markup
  4. 55
  5. 1
  6. 44
  7. what buyers will pay
  8. 40
  9. 55
  10. 48
  11. 20
  12. 20
  13. 3
  14. a loss
  15. 20
  16. 6
  17. 50
  18. 25
  19. 30
  20. 100
  21. 26
  22. 42
  23. 18
  24. 25
  25. 2
  26. 12
  27. 10
  28. 15
  29. 24
  30. 25
  31. 9
  32. 55
  33. 18
  34. 13
  35. 60
  36. 100
  37. 48
  38. 4
  39. 9
  40. 48

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