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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 530 · 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 ₹28 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹32 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One paper bookmark costs ₹44 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  5. 5.One handmade card costs ₹10 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  6. 6.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  8. 8.One paper bookmark costs ₹30 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹10 to make and Aarav sells it for ₹12. What is the markup in percent?
  10. 10.One glass of chai costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹37 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One potted plant costs ₹23 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One clay diya costs ₹15 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  14. 14.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  15. 15.One painted pebble costs ₹30 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One jute bag costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One fruit cup costs ₹25 to make and Ishaan sells it for ₹30. What is the markup in percent?
  18. 18.One glass of chai costs ₹36 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One painted pebble costs ₹47 to make and Saanvi sells it for ₹94. What is the markup in percent?
  20. 20.One friendship band costs ₹33 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  21. 21.One potted plant costs ₹48 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹45 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One painted pebble costs ₹24 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One painted pebble costs ₹45 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹15 to make and Vihaan sells it for ₹18. What is the markup in percent?
  26. 26.One handmade card costs ₹16 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹48 to make and Meera sells it for ₹96. What is the markup in percent?
  28. 28.One jute bag costs ₹50 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹12 to make and Dev sells it for ₹15. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹26 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One cupcake costs ₹24 to make and Tara sells it for ₹36. What is the markup in percent?
  32. 32.One bag of popcorn costs ₹10 to make and Arjun sells it for ₹11. What is the markup in percent?
  33. 33.One friendship band costs ₹42 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One cup of lemonade costs ₹33 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹43 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹44 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹36 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One painted pebble costs ₹22 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹60 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One potted plant costs ₹48 to make and Kavya sells it for ₹60. What is the markup in percent?

Answer key

  1. 35
  2. 8
  3. 55
  4. cost + a markup
  5. 12
  6. what buyers will pay
  7. 10 rupees
  8. 36
  9. 20
  10. 55
  11. 37
  12. 23
  13. 18
  14. a loss
  15. 6
  16. 33
  17. 20
  18. 9
  19. 100
  20. 100
  21. 60
  22. 54
  23. 30
  24. 54
  25. 20
  26. 24
  27. 100
  28. 75
  29. 25
  30. 13
  31. 50
  32. 10
  33. 84
  34. 66
  35. 43
  36. 88
  37. 18
  38. 33
  39. 12
  40. 25

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