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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 547 · 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 jute bag costs ₹60 to make and Diya sells it for ₹66. What is the markup in percent?
  2. 2.One glass of chai costs ₹25 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One cup of lemonade costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One fruit cup costs ₹50 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One bag of popcorn costs ₹34 to make and Aarav sells it for ₹51. What is the markup in percent?
  6. 6.One glass of chai costs ₹16 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  8. 8.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  9. 9.One potted plant costs ₹18 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One jute bag costs ₹20 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One fruit cup costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  12. 12.One jute bag costs ₹34 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One jute bag costs ₹20 to make and Kabir sells it for ₹30. What is the markup in percent?
  14. 14.One painted pebble costs ₹56 to make and Aarav sells it for ₹70. What is the markup in percent?
  15. 15.One cup of lemonade costs ₹25 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One fruit cup costs ₹60 to make and Meera sells it for ₹75. What is the markup in percent?
  17. 17.One fruit cup costs ₹35 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹12 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  20. 20.One glass of chai costs ₹14 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One jute bag costs ₹22 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One cup of lemonade costs ₹22 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One jute bag costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  24. 24.One potted plant costs ₹44 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹40 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹22 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One bag of popcorn costs ₹12 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹16 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹12 to make and Rohan sells it for ₹15. What is the markup in percent?
  30. 30.One jute bag costs ₹30 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One potted plant costs ₹30 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One fruit cup costs ₹12 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One painted pebble costs ₹35 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹34 to make and Arjun sells it for ₹51. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹20 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹48 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹58 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One friendship band costs ₹40 to make and Ananya sells it for ₹60. What is the markup in percent?
  39. 39.One jute bag costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹50 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 25
  3. 22
  4. 75
  5. 50
  6. 4
  7. what buyers will pay
  8. a loss
  9. 9
  10. 25
  11. 10
  12. 68
  13. 50
  14. 25
  15. 5
  16. 25
  17. 7
  18. 3
  19. 10 rupees
  20. 21
  21. 33
  22. 11
  23. 10
  24. 55
  25. 50
  26. 11
  27. 6
  28. 8
  29. 25
  30. 3
  31. 15
  32. 15
  33. 7
  34. 50
  35. 24
  36. 72
  37. 58
  38. 50
  39. 66
  40. 100

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