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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 56 · 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 ₹28 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹20 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹60 to make and Zoya sells it for ₹120. What is the markup in percent?
  4. 4.One handmade card costs ₹56 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One glass of chai costs ₹12 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One painted pebble costs ₹34 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One friendship band costs ₹17 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One glass of chai costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
  9. 9.One handmade card costs ₹50 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One painted pebble costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One cup of lemonade costs ₹24 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹24 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹35 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One painted pebble costs ₹33 to make and Ishaan sells it for ₹66. What is the markup in percent?
  15. 15.One jute bag costs ₹46 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹60 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 50 rupees (d) 20 rupees
  18. 18.One clay diya costs ₹50 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One fruit cup costs ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹12 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹29 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹52 to make and Riya sells it for ₹78. What is the markup in percent?
  23. 23.One cupcake costs ₹56 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹24 to make and Nisha sells it for ₹30. What is the markup in percent?
  25. 25.One handmade card costs ₹39 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One jute bag costs ₹34 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹28 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  29. 29.One glass of chai costs ₹20 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  30. 30.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  31. 31.One cup of lemonade costs ₹44 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹49 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹48 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One painted pebble costs ₹20 to make and Meera sells it for ₹22. What is the markup in percent?
  35. 35.One bag of popcorn costs ₹16 to make and Ananya sells it for ₹20. What is the markup in percent?
  36. 36.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  37. 37.One friendship band costs ₹28 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One painted pebble costs ₹45 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹18 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 35
  2. 22
  3. 100
  4. 14
  5. 18
  6. 51
  7. 17
  8. 10
  9. 60
  10. 6
  11. 12
  12. 48
  13. 70
  14. 100
  15. 23
  16. 60
  17. 10 rupees
  18. 60
  19. 6
  20. 15
  21. 58
  22. 50
  23. 70
  24. 25
  25. 39
  26. 51
  27. 7
  28. cost + a markup
  29. 24
  30. what buyers will pay
  31. 55
  32. 98
  33. 60
  34. 10
  35. 25
  36. a loss
  37. 14
  38. 90
  39. 27
  40. 2

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