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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 527 · 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 ₹50 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  3. 3.One clay diya costs ₹30 to make and Ananya sells it for ₹33. What is the markup in percent?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  5. 5.One cup of lemonade costs ₹60 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One clay diya costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One clay diya costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  8. 8.One fruit cup costs ₹12 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.One painted pebble costs ₹40 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹52 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.One cup of lemonade costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One handmade card costs ₹28 to make and Diya sells it for ₹42. What is the markup in percent?
  13. 13.One cup of lemonade costs ₹24 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹48 to make and Ananya sells it for ₹60. What is the markup in percent?
  15. 15.One cup of lemonade costs ₹10 to make and Lakshmi sells it for ₹15. What is the markup in percent?
  16. 16.One jute bag costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹32 to make and Kabir sells it for ₹48. What is the markup in percent?
  18. 18.One clay diya costs ₹52 to make and Dev sells it for ₹78. What is the markup in percent?
  19. 19.One paper bookmark costs ₹20 to make and Nisha sells it for ₹40. What is the markup in percent?
  20. 20.One painted pebble costs ₹30 to make and Nisha sells it for ₹33. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹20 to make and Arjun sells it for ₹24. What is the markup in percent?
  22. 22.One fruit cup costs ₹44 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹35 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹35 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One painted pebble costs ₹30 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹52 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹46 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One friendship band costs ₹41 to make and Ananya sells it for ₹82. What is the markup in percent?
  29. 29.One painted pebble costs ₹32 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One clay diya costs ₹40 to make and Joseph sells it for ₹48. What is the markup in percent?
  31. 31.One fruit cup costs ₹40 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One clay diya costs ₹10 to make and Rohan sells it for ₹20. What is the markup in percent?
  33. 33.One glass of chai costs ₹24 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One potted plant costs ₹60 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹48 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹30 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹45 to make and Dev sells it for ₹54. What is the markup in percent?
  38. 38.One cupcake costs ₹44 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹10 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  40. 40.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock

Answer key

  1. 60
  2. cost + a markup
  3. 10
  4. 10 rupees
  5. 6
  6. 1
  7. 10
  8. 6
  9. 48
  10. 13
  11. 44
  12. 50
  13. 6
  14. 25
  15. 50
  16. 22
  17. 50
  18. 50
  19. 100
  20. 10
  21. 20
  22. 44
  23. 42
  24. 7
  25. 30
  26. 78
  27. 23
  28. 100
  29. 40
  30. 20
  31. 10
  32. 100
  33. 6
  34. 75
  35. 60
  36. 6
  37. 20
  38. 22
  39. 11
  40. a loss

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