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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 570 · 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 painted pebble costs ₹16 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹36 to make and Ishaan sells it for ₹45. What is the markup in percent?
  3. 3.One handmade card costs ₹52 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  5. 5.One bag of popcorn costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One painted pebble costs ₹45 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One paper bookmark costs ₹24 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One glass of chai costs ₹29 to make and Rohan sells it for ₹58. What is the markup in percent?
  9. 9.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  10. 10.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  11. 11.One potted plant costs ₹10 to make and Kabir sells it for ₹12. What is the markup in percent?
  12. 12.One jute bag costs ₹45 to make and Kavya sells it for ₹54. What is the markup in percent?
  13. 13.One fruit cup costs ₹40 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  14. 14.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  15. 15.One friendship band costs ₹12 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹52 to make and Rohan sells it for ₹65. What is the markup in percent?
  17. 17.One fruit cup costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  18. 18.One clay diya costs ₹40 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One painted pebble costs ₹55 to make and Riya sells it for ₹66. What is the markup in percent?
  20. 20.One cupcake costs ₹20 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹16 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹55 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One jute bag costs ₹40 to make and Joseph sells it for ₹44. What is the markup in percent?
  25. 25.One clay diya costs ₹45 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹36 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹32 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One cup of lemonade costs ₹42 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹38 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One handmade card costs ₹36 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹20 to make and Ananya sells it for ₹24. What is the markup in percent?
  32. 32.One bag of popcorn costs ₹50 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹40 to make and Zoya sells it for ₹48. What is the markup in percent?
  34. 34.One glass of chai costs ₹45 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹45 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One cup of lemonade costs ₹10 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹35 to make and Aarav sells it for ₹42. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹34 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One fruit cup costs ₹54 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One paper bookmark costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?

Answer key

  1. 4
  2. 25
  3. 13
  4. 10 rupees
  5. 1
  6. 54
  7. 6
  8. 100
  9. a loss
  10. cost + a markup
  11. 20
  12. 20
  13. 44
  14. what buyers will pay
  15. 3
  16. 25
  17. 10
  18. 10
  19. 20
  20. 24
  21. 32
  22. 66
  23. 33
  24. 10
  25. 9
  26. 45
  27. 40
  28. 63
  29. 38
  30. 36
  31. 20
  32. 75
  33. 20
  34. 54
  35. 9
  36. 12
  37. 20
  38. 51
  39. 108
  40. 10

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