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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 557 · 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.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  2. 2.One friendship band costs ₹46 to make and Zoya sells it for ₹69. What is the markup in percent?
  3. 3.One cup of lemonade costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One jute bag costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One glass of chai costs ₹40 to make and Kavya sells it for ₹48. What is the markup in percent?
  6. 6.One cupcake costs ₹56 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One handmade card costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹16 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One cup of lemonade costs ₹10 to make and Lakshmi sells it for ₹15. What is the markup in percent?
  10. 10.One cup of lemonade costs ₹60 to make and Aarav sells it for ₹72. What is the markup in percent?
  11. 11.One clay diya costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹16 to make and Lakshmi sells it for ₹32. What is the markup in percent?
  13. 13.One cup of lemonade costs ₹12 to make and Dev sells it for ₹15. What is the markup in percent?
  14. 14.One potted plant costs ₹52 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One paper bookmark costs ₹50 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One fruit cup costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹28 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  19. 19.📉 A price below the cost leads to… (a) a loss (b) free stock (c) a profit (d) break-even
  20. 20.One paper bookmark costs ₹44 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  21. 21.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  22. 22.One jute bag costs ₹42 to make and Ananya sells it for ₹63. What is the markup in percent?
  23. 23.One potted plant costs ₹30 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One cupcake costs ₹55 to make and Diya sells it for ₹66. What is the markup in percent?
  25. 25.One jute bag costs ₹26 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One bag of popcorn costs ₹35 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹56 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One cupcake costs ₹44 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One potted plant costs ₹16 to make and Tara sells it for ₹20. What is the markup in percent?
  31. 31.One cupcake costs ₹60 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹36 to make and Aarav sells it for ₹45. What is the markup in percent?
  33. 33.One potted plant costs ₹12 to make and Diya sells it for ₹18. What is the markup in percent?
  34. 34.One potted plant costs ₹16 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One potted plant costs ₹30 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹48 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One paper bookmark costs ₹35 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One friendship band costs ₹16 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹10 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹23 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 10 rupees
  2. 50
  3. 5
  4. 1
  5. 20
  6. 70
  7. 22
  8. 4
  9. 50
  10. 20
  11. 66
  12. 100
  13. 25
  14. 65
  15. 10
  16. 10
  17. 35
  18. 10
  19. a loss
  20. 88
  21. cost + a markup
  22. 50
  23. 3
  24. 20
  25. 26
  26. 42
  27. 70
  28. 88
  29. 3
  30. 25
  31. 90
  32. 25
  33. 50
  34. 16
  35. 15
  36. 12
  37. 7
  38. 20
  39. 20
  40. 46

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