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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 493 · 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 ₹55 to make and Ananya sells it for ₹66. What is the markup in percent?
  2. 2.One paper bookmark costs ₹12 to make and Kavya sells it for ₹15. What is the markup in percent?
  3. 3.One friendship band costs ₹24 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹10 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  6. 6.One clay diya costs ₹14 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One cupcake costs ₹36 to make and Tara sells it for ₹45. What is the markup in percent?
  8. 8.One painted pebble costs ₹35 to make and Diya sells it for ₹42. What is the markup in percent?
  9. 9.One cupcake costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹50 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One handmade card costs ₹60 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  13. 13.📉 A price below the cost leads to… (a) a loss (b) free stock (c) a profit (d) break-even
  14. 14.One friendship band costs ₹25 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One fruit cup costs ₹20 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹24 to make and Riya sells it for ₹36. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹14 to make and Aarav sells it for ₹21. What is the markup in percent?
  18. 18.One painted pebble costs ₹25 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One handmade card costs ₹60 to make and Farhan sells it for ₹75. What is the markup in percent?
  20. 20.One jute bag costs ₹45 to make and Dev sells it for ₹90. What is the markup in percent?
  21. 21.One friendship band costs ₹40 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹20 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹24 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹50 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One friendship band costs ₹50 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One cupcake costs ₹24 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One paper bookmark costs ₹20 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹10 to make and Tara sells it for ₹20. What is the markup in percent?
  29. 29.One jute bag costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One handmade card costs ₹38 to make and Lakshmi sells it for ₹57. What is the markup in percent?
  31. 31.One jute bag costs ₹36 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹44 to make and Riya sells it for ₹66. What is the markup in percent?
  33. 33.One cup of lemonade costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  34. 34.One painted pebble costs ₹45 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One friendship band costs ₹47 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One bag of popcorn costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One clay diya costs ₹56 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One jute bag costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹54 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 20
  2. 25
  3. 30
  4. 5
  5. cost + a markup
  6. 21
  7. 25
  8. 20
  9. 22
  10. 60
  11. 60
  12. 10 rupees
  13. a loss
  14. 5
  15. 25
  16. 50
  17. 50
  18. 25
  19. 25
  20. 100
  21. 48
  22. 2
  23. 30
  24. 5
  25. 5
  26. 12
  27. 5
  28. 100
  29. 44
  30. 50
  31. 9
  32. 50
  33. 10
  34. 54
  35. 94
  36. 5
  37. 11
  38. 56
  39. 6
  40. 27

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