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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 486 · 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 friendship band costs ₹12 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One clay diya costs ₹42 to make and Meera sells it for ₹63. What is the markup in percent?
  3. 3.One painted pebble costs ₹40 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One cup of lemonade costs ₹52 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  6. 6.One cupcake costs ₹55 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One fruit cup costs ₹56 to make and Diya sells it for ₹70. What is the markup in percent?
  8. 8.One cup of lemonade costs ₹30 to make and Saanvi sells it for ₹33. What is the markup in percent?
  9. 9.One jute bag costs ₹44 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  11. 11.One cupcake costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹27 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One handmade card costs ₹20 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One jute bag costs ₹18 to make and Ananya sells it for ₹27. What is the markup in percent?
  15. 15.One potted plant costs ₹20 to make and Saanvi sells it for ₹25. What is the markup in percent?
  16. 16.One painted pebble costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One cupcake costs ₹25 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One friendship band costs ₹30 to make and Lakshmi sells it for ₹33. What is the markup in percent?
  19. 19.One glass of chai costs ₹10 to make and Kavya sells it for ₹12. What is the markup in percent?
  20. 20.One jute bag costs ₹36 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹42 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹42 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  24. 24.One painted pebble costs ₹40 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One glass of chai costs ₹48 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹28 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹14 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  28. 28.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  29. 29.One cupcake costs ₹20 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹24 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One clay diya costs ₹10 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹18 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹24 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹55 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One bag of popcorn costs ₹32 to make and Diya sells it for ₹40. What is the markup in percent?
  36. 36.One potted plant costs ₹12 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One paper bookmark costs ₹54 to make and Ananya sells it for ₹81. What is the markup in percent?
  38. 38.One glass of chai costs ₹10 to make and Gurpreet sells it for ₹11. What is the markup in percent?
  39. 39.One handmade card costs ₹40 to make and Kavya sells it for ₹44. What is the markup in percent?
  40. 40.One paper bookmark costs ₹14 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 15
  2. 50
  3. 50
  4. 65
  5. a loss
  6. 66
  7. 25
  8. 10
  9. 55
  10. 10 rupees
  11. 11
  12. 27
  13. 40
  14. 50
  15. 25
  16. 33
  17. 50
  18. 10
  19. 20
  20. 45
  21. 84
  22. 42
  23. cost + a markup
  24. 4
  25. 24
  26. 35
  27. 21
  28. what buyers will pay
  29. 4
  30. 6
  31. 15
  32. 27
  33. 30
  34. 11
  35. 25
  36. 15
  37. 50
  38. 10
  39. 10
  40. 7

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