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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 512 · 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 cupcake costs ₹58 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One glass of chai costs ₹56 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) the weather only (d) what buyers will pay
  4. 4.One cup of lemonade costs ₹60 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One potted plant costs ₹50 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One cupcake costs ₹11 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One bag of popcorn costs ₹54 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One bag of popcorn costs ₹15 to make and Vihaan sells it for ₹18. What is the markup in percent?
  9. 9.One jute bag costs ₹22 to make and Arjun sells it for ₹33. What is the markup in percent?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  11. 11.One handmade card costs ₹55 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One bag of popcorn costs ₹40 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹12 to make and Kavya sells it for ₹15. What is the markup in percent?
  14. 14.One friendship band costs ₹26 to make and Aarav sells it for ₹39. What is the markup in percent?
  15. 15.One paper bookmark costs ₹45 to make and Vihaan sells it for ₹54. What is the markup in percent?
  16. 16.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  17. 17.One painted pebble costs ₹36 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹44 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One bag of popcorn costs ₹36 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹55 to make and Ananya sells it for ₹66. What is the markup in percent?
  21. 21.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  22. 22.One fruit cup costs ₹40 to make and Rohan sells it for ₹50. What is the markup in percent?
  23. 23.One glass of chai costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One painted pebble costs ₹58 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One jute bag costs ₹15 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One bag of popcorn costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One potted plant costs ₹56 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹50 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One cup of lemonade costs ₹60 to make and Zoya sells it for ₹66. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹53 to make and Tara sells it for ₹106. What is the markup in percent?
  32. 32.One handmade card costs ₹25 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹38 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One paper bookmark costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?
  35. 35.One fruit cup costs ₹34 to make and Saanvi sells it for ₹68. What is the markup in percent?
  36. 36.One glass of chai costs ₹10 to make and Vihaan sells it for ₹11. What is the markup in percent?
  37. 37.One cup of lemonade costs ₹39 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One clay diya costs ₹35 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One paper bookmark costs ₹35 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹40 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 29
  2. 56
  3. what buyers will pay
  4. 72
  5. 60
  6. 22
  7. 27
  8. 20
  9. 50
  10. 10 rupees
  11. 66
  12. 50
  13. 25
  14. 50
  15. 20
  16. a loss
  17. 45
  18. 55
  19. 54
  20. 20
  21. cost + a markup
  22. 25
  23. 11
  24. 116
  25. 3
  26. 12
  27. 11
  28. 84
  29. 5
  30. 10
  31. 100
  32. 30
  33. 76
  34. 10
  35. 100
  36. 10
  37. 78
  38. 35
  39. 42
  40. 4

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