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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 508 · 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 cup of lemonade costs ₹45 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  2. 2.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  3. 3.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  4. 4.One friendship band costs ₹22 to make and Ishaan sells it for ₹33. What is the markup in percent?
  5. 5.One painted pebble costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One jute bag costs ₹20 to make and Ananya sells it for ₹22. What is the markup in percent?
  7. 7.One paper bookmark costs ₹16 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One potted plant costs ₹44 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹40 to make and Joseph sells it for ₹44. What is the markup in percent?
  10. 10.One cup of lemonade costs ₹60 to make and Kabir sells it for ₹72. What is the markup in percent?
  11. 11.One cup of lemonade costs ₹32 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One paper bookmark costs ₹36 to make and Saanvi sells it for ₹45. What is the markup in percent?
  13. 13.One bag of popcorn costs ₹25 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One jute bag costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One fruit cup costs ₹55 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One friendship band costs ₹30 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One fruit cup costs ₹28 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  19. 19.One painted pebble costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹15 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹60 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹47 to make and Gurpreet sells it for ₹94. What is the markup in percent?
  23. 23.One potted plant costs ₹60 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One painted pebble costs ₹35 to make and Kavya sells it for ₹42. What is the markup in percent?
  25. 25.One clay diya costs ₹60 to make and Dev sells it for ₹75. What is the markup in percent?
  26. 26.One paper bookmark costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  27. 27.One jute bag costs ₹54 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One cup of lemonade costs ₹44 to make and Riya sells it for ₹55. What is the markup in percent?
  29. 29.One cupcake costs ₹50 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One potted plant costs ₹46 to make and Farhan sells it for ₹69. What is the markup in percent?
  31. 31.One glass of chai costs ₹24 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One paper bookmark costs ₹48 to make and Farhan sells it for ₹96. What is the markup in percent?
  33. 33.One bag of popcorn costs ₹58 to make and Gurpreet sells it for ₹87. What is the markup in percent?
  34. 34.One friendship band costs ₹10 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹12 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹30 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One paper bookmark costs ₹15 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹12 to make and Dev sells it for ₹15. What is the markup in percent?
  39. 39.One clay diya costs ₹60 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One clay diya costs ₹50 to make and Ananya sells it for ₹60. What is the markup in percent?

Answer key

  1. 54
  2. a loss
  3. cost + a markup
  4. 50
  5. 22
  6. 10
  7. 20
  8. 88
  9. 10
  10. 20
  11. 40
  12. 25
  13. 30
  14. 66
  15. 66
  16. 6
  17. 7
  18. 10 rupees
  19. 6
  20. 18
  21. 66
  22. 100
  23. 66
  24. 20
  25. 25
  26. 10
  27. 108
  28. 25
  29. 55
  30. 50
  31. 6
  32. 100
  33. 50
  34. 11
  35. 24
  36. 36
  37. 3
  38. 25
  39. 60
  40. 20

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