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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 507 · 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 bag of popcorn costs ₹44 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  3. 3.One glass of chai costs ₹44 to make and Arjun sells it for ₹55. What is the markup in percent?
  4. 4.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  5. 5.One paper bookmark costs ₹40 to make and Diya sells it for ₹50. What is the markup in percent?
  6. 6.One handmade card costs ₹22 to make and Aarav sells it for ₹44. What is the markup in percent?
  7. 7.One paper bookmark costs ₹44 to make and Dev sells it for ₹55. What is the markup in percent?
  8. 8.One handmade card costs ₹30 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One bag of popcorn costs ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One cupcake costs ₹40 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One cup of lemonade costs ₹19 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One handmade card costs ₹52 to make and Lakshmi sells it for ₹78. What is the markup in percent?
  13. 13.One handmade card costs ₹48 to make and Rohan sells it for ₹60. What is the markup in percent?
  14. 14.One cup of lemonade costs ₹50 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  16. 16.One fruit cup costs ₹14 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹60 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹44 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One glass of chai costs ₹10 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One jute bag costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹21 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One fruit cup costs ₹35 to make and Joseph sells it for ₹42. What is the markup in percent?
  25. 25.One jute bag costs ₹16 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  26. 26.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  27. 27.One clay diya costs ₹36 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹30 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹50 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One clay diya costs ₹17 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One potted plant costs ₹60 to make and Farhan sells it for ₹90. What is the markup in percent?
  32. 32.One fruit cup costs ₹22 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹57 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One glass of chai costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One fruit cup costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹60 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One bag of popcorn costs ₹10 to make and Ananya sells it for ₹15. What is the markup in percent?
  38. 38.One friendship band costs ₹15 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One paper bookmark costs ₹20 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One cup of lemonade costs ₹24 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 88
  2. 10 rupees
  3. 25
  4. cost + a markup
  5. 25
  6. 100
  7. 25
  8. 33
  9. 66
  10. 4
  11. 19
  12. 50
  13. 25
  14. 5
  15. a loss
  16. 21
  17. 66
  18. 33
  19. 11
  20. 12
  21. 22
  22. 22
  23. 42
  24. 20
  25. 20
  26. what buyers will pay
  27. 45
  28. 45
  29. 100
  30. 34
  31. 50
  32. 33
  33. 114
  34. 1
  35. 22
  36. 15
  37. 50
  38. 18
  39. 5
  40. 30

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