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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 505 · 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 potted plant costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One cup of lemonade costs ₹40 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One fruit cup costs ₹24 to make and Diya sells it for ₹30. What is the markup in percent?
  4. 4.One jute bag costs ₹32 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) free stock (b) a loss (c) a profit (d) break-even
  6. 6.One bag of popcorn costs ₹20 to make and Nisha sells it for ₹22. What is the markup in percent?
  7. 7.One clay diya costs ₹15 to make and Lakshmi sells it for ₹18. What is the markup in percent?
  8. 8.One fruit cup costs ₹16 to make and Rohan sells it for ₹32. What is the markup in percent?
  9. 9.One jute bag costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One glass of chai costs ₹57 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One fruit cup costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One paper bookmark costs ₹22 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One handmade card costs ₹30 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹16 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One bag of popcorn costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One cupcake costs ₹10 to make and Gurpreet sells it for ₹11. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One fruit cup costs ₹52 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹44 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹25 to make and Tara sells it for ₹50. What is the markup in percent?
  22. 22.One clay diya costs ₹10 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹22 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One bag of popcorn costs ₹24 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹32 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹60 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One handmade card costs ₹10 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  29. 29.One clay diya costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  30. 30.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  31. 31.One clay diya costs ₹50 to make and Ananya sells it for ₹60. What is the markup in percent?
  32. 32.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 20 rupees (d) 50 rupees
  33. 33.One jute bag costs ₹40 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹30 to make and Tara sells it for ₹33. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹15 to make and Rohan sells it for ₹18. What is the markup in percent?
  36. 36.One cupcake costs ₹35 to make and Diya sells it for ₹42. What is the markup in percent?
  37. 37.One potted plant costs ₹20 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹50 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹60 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹50 to make and Arjun sells it for ₹60. What is the markup in percent?

Answer key

  1. 55
  2. 44
  3. 25
  4. 16
  5. a loss
  6. 10
  7. 20
  8. 100
  9. 12
  10. 57
  11. 42
  12. 22
  13. 33
  14. 4
  15. 1
  16. 66
  17. 10
  18. 3
  19. 78
  20. 55
  21. 100
  22. 12
  23. 11
  24. 30
  25. 8
  26. 6
  27. 2
  28. 20
  29. 15
  30. what buyers will pay
  31. 20
  32. 10 rupees
  33. 44
  34. 10
  35. 20
  36. 20
  37. 25
  38. 5
  39. 66
  40. 20

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