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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 487 · 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 handmade card costs ₹42 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One handmade card costs ₹60 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One handmade card costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?
  4. 4.One paper bookmark costs ₹15 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹12 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.One painted pebble costs ₹30 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  8. 8.One friendship band costs ₹60 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  10. 10.One clay diya costs ₹10 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One potted plant costs ₹15 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹10 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹50 to make and Aarav sells it for ₹60. What is the markup in percent?
  14. 14.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  15. 15.One cupcake costs ₹16 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One paper bookmark costs ₹25 to make and Kabir sells it for ₹30. What is the markup in percent?
  17. 17.One handmade card costs ₹55 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One cup of lemonade costs ₹30 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One painted pebble costs ₹56 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹24 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One potted plant costs ₹20 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹55 to make and Zoya sells it for ₹66. What is the markup in percent?
  24. 24.One handmade card costs ₹32 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One cupcake costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹18 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹35 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹35 to make and Meera sells it for ₹42. What is the markup in percent?
  29. 29.One jute bag costs ₹10 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One cup of lemonade costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One bag of popcorn costs ₹48 to make and Tara sells it for ₹60. What is the markup in percent?
  32. 32.One paper bookmark costs ₹60 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  34. 34.One cupcake costs ₹10 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹20 to make and Joseph sells it for ₹22. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹25 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹35 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One paper bookmark costs ₹40 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹10 to make and Vihaan sells it for ₹12. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹26 to make. Diya adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 63
  2. 66
  3. 10
  4. 18
  5. 12
  6. 30
  7. what buyers will pay
  8. 6
  9. 10 rupees
  10. 15
  11. 18
  12. 11
  13. 20
  14. cost + a markup
  15. 4
  16. 20
  17. 66
  18. 36
  19. 11
  20. 70
  21. 12
  22. 5
  23. 20
  24. 64
  25. 22
  26. 27
  27. 7
  28. 20
  29. 1
  30. 1
  31. 25
  32. 15
  33. a loss
  34. 15
  35. 10
  36. 30
  37. 7
  38. 20
  39. 20
  40. 52

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