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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 489 · 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.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  2. 2.One potted plant costs ₹20 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.One cup of lemonade costs ₹33 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  5. 5.One paper bookmark costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹55 to make and Diya sells it for ₹66. What is the markup in percent?
  7. 7.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  8. 8.One bag of popcorn costs ₹50 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One jute bag costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹25 to make and Rohan sells it for ₹30. What is the markup in percent?
  11. 11.One cup of lemonade costs ₹50 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One clay diya costs ₹60 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One bag of popcorn costs ₹24 to make and Kabir sells it for ₹30. What is the markup in percent?
  14. 14.One glass of chai costs ₹12 to make and Tara sells it for ₹15. What is the markup in percent?
  15. 15.One fruit cup costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹44 to make and Rohan sells it for ₹55. What is the markup in percent?
  17. 17.One potted plant costs ₹60 to make and Vihaan sells it for ₹90. What is the markup in percent?
  18. 18.One paper bookmark costs ₹20 to make and Rohan sells it for ₹25. What is the markup in percent?
  19. 19.One painted pebble costs ₹10 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹40 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹18 to make and Ananya sells it for ₹27. What is the markup in percent?
  22. 22.One clay diya costs ₹55 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹55 to make and Dev sells it for ₹66. What is the markup in percent?
  24. 24.One fruit cup costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  25. 25.One clay diya costs ₹24 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹37 to make and Aarav sells it for ₹74. What is the markup in percent?
  28. 28.One potted plant costs ₹60 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹20 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One cupcake costs ₹40 to make and Diya sells it for ₹48. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹25 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹34 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One cupcake costs ₹35 to make and Aarav sells it for ₹70. What is the markup in percent?
  35. 35.One cupcake costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  36. 36.One jute bag costs ₹44 to make and Saanvi sells it for ₹55. What is the markup in percent?
  37. 37.One painted pebble costs ₹30 to make and Kabir sells it for ₹33. What is the markup in percent?
  38. 38.One paper bookmark costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One fruit cup costs ₹55 to make and Ishaan sells it for ₹66. What is the markup in percent?
  40. 40.One glass of chai costs ₹28 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. a loss
  2. 2
  3. 33
  4. 10 rupees
  5. 22
  6. 20
  7. cost + a markup
  8. 5
  9. 66
  10. 20
  11. 100
  12. 75
  13. 25
  14. 25
  15. 11
  16. 25
  17. 50
  18. 25
  19. 11
  20. 60
  21. 50
  22. 66
  23. 20
  24. 10
  25. 30
  26. 66
  27. 100
  28. 12
  29. 4
  30. 20
  31. 30
  32. 51
  33. 66
  34. 100
  35. 10
  36. 25
  37. 10
  38. 22
  39. 20
  40. 14

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