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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 484 · 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 10% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹12 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One glass of chai costs ₹55 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹19 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  7. 7.One jute bag costs ₹15 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  9. 9.One paper bookmark costs ₹14 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One fruit cup costs ₹48 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One clay diya costs ₹34 to make and Lakshmi sells it for ₹68. What is the markup in percent?
  12. 12.One potted plant costs ₹40 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One potted plant costs ₹45 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One friendship band costs ₹60 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  16. 16.One paper bookmark costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  17. 17.One handmade card costs ₹30 to make and Riya sells it for ₹36. What is the markup in percent?
  18. 18.One jute bag costs ₹12 to make and Nisha sells it for ₹24. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹28 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹48 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One handmade card costs ₹50 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One painted pebble costs ₹36 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹12 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One potted plant costs ₹41 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One handmade card costs ₹50 to make and Diya sells it for ₹75. What is the markup in percent?
  28. 28.One clay diya costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  29. 29.One cupcake costs ₹60 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One handmade card costs ₹60 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One jute bag costs ₹22 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One cupcake costs ₹28 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One bag of popcorn costs ₹25 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One glass of chai costs ₹56 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One jute bag costs ₹45 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹56 to make and Kavya sells it for ₹84. What is the markup in percent?
  38. 38.One handmade card costs ₹50 to make and Aarav sells it for ₹55. What is the markup in percent?
  39. 39.One glass of chai costs ₹60 to make and Tara sells it for ₹66. What is the markup in percent?
  40. 40.One friendship band costs ₹55 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 22
  2. 15
  3. 11
  4. 38
  5. a loss
  6. 10 rupees
  7. 18
  8. what buyers will pay
  9. 21
  10. 60
  11. 100
  12. 4
  13. 54
  14. 30
  15. cost + a markup
  16. 10
  17. 20
  18. 100
  19. 35
  20. 44
  21. 3
  22. 60
  23. 10
  24. 54
  25. 15
  26. 41
  27. 50
  28. 10
  29. 90
  30. 72
  31. 11
  32. 42
  33. 30
  34. 2
  35. 70
  36. 9
  37. 50
  38. 10
  39. 10
  40. 66

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