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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 537 · 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 glass of chai costs ₹32 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One cup of lemonade costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One fruit cup costs ₹24 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹20 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  6. 6.One handmade card costs ₹25 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One friendship band costs ₹30 to make and Nisha sells it for ₹60. What is the markup in percent?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  9. 9.One cup of lemonade costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One paper bookmark costs ₹60 to make and Rohan sells it for ₹66. What is the markup in percent?
  11. 11.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  12. 12.One bag of popcorn costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One glass of chai costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹20 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One fruit cup costs ₹60 to make and Dev sells it for ₹66. What is the markup in percent?
  16. 16.One painted pebble costs ₹10 to make and Joseph sells it for ₹12. What is the markup in percent?
  17. 17.One fruit cup costs ₹36 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹32 to make and Ananya sells it for ₹48. What is the markup in percent?
  19. 19.One glass of chai costs ₹44 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One friendship band costs ₹12 to make and Meera sells it for ₹15. What is the markup in percent?
  21. 21.One friendship band costs ₹32 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹19 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One cupcake costs ₹10 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹50 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One handmade card costs ₹56 to make and Kavya sells it for ₹112. What is the markup in percent?
  26. 26.One jute bag costs ₹28 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹29 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹20 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One paper bookmark costs ₹34 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹60 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹28 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹47 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One fruit cup costs ₹57 to make and Aarav sells it for ₹114. What is the markup in percent?
  34. 34.One paper bookmark costs ₹20 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One painted pebble costs ₹12 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One potted plant costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  37. 37.One jute bag costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹20 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One bag of popcorn costs ₹58 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One jute bag costs ₹40 to make. Diya adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 8
  2. 11
  3. 48
  4. 24
  5. a loss
  6. 30
  7. 100
  8. 10 rupees
  9. 33
  10. 10
  11. what buyers will pay
  12. 66
  13. 3
  14. 2
  15. 10
  16. 20
  17. 45
  18. 50
  19. 22
  20. 25
  21. 40
  22. 19
  23. 12
  24. 5
  25. 100
  26. 35
  27. 29
  28. 2
  29. 17
  30. 12
  31. 56
  32. 94
  33. 100
  34. 30
  35. 3
  36. 10
  37. 9
  38. 10
  39. 29
  40. 48

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