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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 568 · 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 bag of popcorn costs ₹34 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One clay diya costs ₹28 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One bag of popcorn costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One glass of chai costs ₹15 to make and Zoya sells it for ₹18. What is the markup in percent?
  5. 5.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  6. 6.One cup of lemonade costs ₹30 to make and Joseph sells it for ₹45. What is the markup in percent?
  7. 7.One paper bookmark costs ₹36 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) what buyers will pay (d) the weather only
  9. 9.One cup of lemonade costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  11. 11.One handmade card costs ₹16 to make and Tara sells it for ₹20. What is the markup in percent?
  12. 12.One glass of chai costs ₹53 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One potted plant costs ₹48 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹31 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹37 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One cup of lemonade costs ₹30 to make and Diya sells it for ₹36. What is the markup in percent?
  17. 17.One friendship band costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹32 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One fruit cup costs ₹60 to make and Riya sells it for ₹75. What is the markup in percent?
  21. 21.One glass of chai costs ₹31 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹52 to make and Aarav sells it for ₹65. What is the markup in percent?
  23. 23.One potted plant costs ₹54 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  24. 24.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  25. 25.One fruit cup costs ₹15 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One cupcake costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹16 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹50 to make and Diya sells it for ₹60. What is the markup in percent?
  29. 29.One cupcake costs ₹20 to make and Riya sells it for ₹30. What is the markup in percent?
  30. 30.One clay diya costs ₹58 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹50 to make and Vihaan sells it for ₹60. What is the markup in percent?
  32. 32.One clay diya costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One paper bookmark costs ₹20 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹40 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹55 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹24 to make and Ishaan sells it for ₹30. What is the markup in percent?
  39. 39.One handmade card costs ₹32 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One friendship band costs ₹24 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 51
  2. 7
  3. 3
  4. 20
  5. cost + a markup
  6. 50
  7. 18
  8. what buyers will pay
  9. 22
  10. 10 rupees
  11. 25
  12. 106
  13. 60
  14. 62
  15. 74
  16. 20
  17. 66
  18. 64
  19. 1
  20. 25
  21. 31
  22. 25
  23. 81
  24. a loss
  25. 3
  26. 1
  27. 16
  28. 20
  29. 50
  30. 58
  31. 20
  32. 33
  33. 11
  34. 25
  35. 8
  36. 66
  37. 22
  38. 25
  39. 40
  40. 12

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