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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 533 · 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 friendship band costs ₹25 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One cup of lemonade costs ₹58 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One painted pebble costs ₹12 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One paper bookmark costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One handmade card costs ₹44 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One cupcake costs ₹12 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One paper bookmark costs ₹20 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One handmade card costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹60 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.One cup of lemonade costs ₹28 to make and Rohan sells it for ₹42. What is the markup in percent?
  11. 11.One potted plant costs ₹28 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One fruit cup costs ₹45 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One potted plant costs ₹15 to make and Ishaan sells it for ₹30. What is the markup in percent?
  14. 14.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  15. 15.One painted pebble costs ₹40 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹28 to make and Aarav sells it for ₹42. What is the markup in percent?
  17. 17.One bag of popcorn costs ₹44 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹54 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹25 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One bag of popcorn costs ₹10 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  22. 22.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) what buyers will pay (d) the weather only
  23. 23.One bag of popcorn costs ₹44 to make and Farhan sells it for ₹55. What is the markup in percent?
  24. 24.One friendship band costs ₹56 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  26. 26.One glass of chai costs ₹25 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One painted pebble costs ₹22 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹40 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One glass of chai costs ₹57 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One paper bookmark costs ₹35 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹59 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One cupcake costs ₹18 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One glass of chai costs ₹26 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹25 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹58 to make and Rohan sells it for ₹87. What is the markup in percent?
  37. 37.One clay diya costs ₹60 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹60 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹42 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 29
  3. 3
  4. 22
  5. 88
  6. 3
  7. 5
  8. 12
  9. 15
  10. 50
  11. 35
  12. 54
  13. 100
  14. cost + a markup
  15. 50
  16. 50
  17. 11
  18. 27
  19. 5
  20. 1
  21. 10 rupees
  22. what buyers will pay
  23. 25
  24. 14
  25. a loss
  26. 5
  27. 11
  28. 50
  29. 57
  30. 1
  31. 7
  32. 59
  33. 27
  34. 39
  35. 5
  36. 50
  37. 12
  38. 22
  39. 72
  40. 84

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