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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 563 · 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 fruit cup costs ₹15 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹32 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One paper bookmark costs ₹20 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹30 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One glass of chai costs ₹30 to make and Meera sells it for ₹45. What is the markup in percent?
  6. 6.One bag of popcorn costs ₹25 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.One friendship band costs ₹20 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One bag of popcorn costs ₹15 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹14 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One potted plant costs ₹15 to make and Kavya sells it for ₹18. What is the markup in percent?
  11. 11.One potted plant costs ₹28 to make and Rohan sells it for ₹42. What is the markup in percent?
  12. 12.One glass of chai costs ₹60 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹34 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One paper bookmark costs ₹26 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹20 to make and Kavya sells it for ₹22. What is the markup in percent?
  16. 16.One painted pebble costs ₹30 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One friendship band costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹30 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One potted plant costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  20. 20.One bag of popcorn costs ₹56 to make and Gurpreet sells it for ₹84. What is the markup in percent?
  21. 21.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  22. 22.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  23. 23.One handmade card costs ₹52 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One friendship band costs ₹40 to make and Kavya sells it for ₹44. What is the markup in percent?
  25. 25.One glass of chai costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One bag of popcorn costs ₹19 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One friendship band costs ₹40 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One cupcake costs ₹26 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  29. 29.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  30. 30.One handmade card costs ₹20 to make and Farhan sells it for ₹22. What is the markup in percent?
  31. 31.One jute bag costs ₹60 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹40 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One painted pebble costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  34. 34.One fruit cup costs ₹22 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One painted pebble costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹42 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹30 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹50 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹50 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One cup of lemonade costs ₹55 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 18
  2. 8
  3. 25
  4. 3
  5. 50
  6. 5
  7. 5
  8. 18
  9. 7
  10. 20
  11. 50
  12. 75
  13. 51
  14. 39
  15. 10
  16. 3
  17. 11
  18. 15
  19. 10
  20. 50
  21. what buyers will pay
  22. a loss
  23. 26
  24. 10
  25. 2
  26. 38
  27. 44
  28. 39
  29. 10 rupees
  30. 10
  31. 90
  32. 10
  33. 10
  34. 22
  35. 2
  36. 84
  37. 3
  38. 5
  39. 5
  40. 11

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