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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 573 · 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 ₹60 to make and Zoya sells it for ₹66. What is the markup in percent?
  2. 2.One painted pebble costs ₹20 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One potted plant costs ₹40 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  4. 4.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  5. 5.One handmade card costs ₹32 to make and Tara sells it for ₹48. What is the markup in percent?
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  7. 7.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  8. 8.One friendship band costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  9. 9.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  10. 10.One fruit cup costs ₹30 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One paper bookmark costs ₹60 to make and Arjun sells it for ₹66. What is the markup in percent?
  12. 12.One painted pebble costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  13. 13.One bag of popcorn costs ₹42 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹22 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One handmade card costs ₹12 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  17. 17.One glass of chai costs ₹48 to make and Lakshmi sells it for ₹60. What is the markup in percent?
  18. 18.One paper bookmark costs ₹48 to make and Aarav sells it for ₹72. What is the markup in percent?
  19. 19.One glass of chai costs ₹30 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One fruit cup costs ₹50 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One cupcake costs ₹60 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One paper bookmark costs ₹10 to make and Tara sells it for ₹20. What is the markup in percent?
  23. 23.One paper bookmark costs ₹60 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One friendship band costs ₹48 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One bag of popcorn costs ₹20 to make and Riya sells it for ₹30. What is the markup in percent?
  26. 26.One paper bookmark costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One paper bookmark costs ₹45 to make and Dev sells it for ₹54. What is the markup in percent?
  28. 28.One handmade card costs ₹18 to make and Tara sells it for ₹36. What is the markup in percent?
  29. 29.One glass of chai costs ₹48 to make and Meera sells it for ₹60. What is the markup in percent?
  30. 30.One cupcake costs ₹44 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹53 to make and Kavya sells it for ₹106. What is the markup in percent?
  32. 32.One fruit cup costs ₹10 to make and Farhan sells it for ₹15. What is the markup in percent?
  33. 33.One cup of lemonade costs ₹16 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  35. 35.One clay diya costs ₹36 to make and Gurpreet sells it for ₹54. What is the markup in percent?
  36. 36.One jute bag costs ₹50 to make and Arjun sells it for ₹55. What is the markup in percent?
  37. 37.One glass of chai costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹58 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹55 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One cupcake costs ₹12 to make. Riya adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 4
  3. 44
  4. a loss
  5. 50
  6. 10 rupees
  7. what buyers will pay
  8. 22
  9. cost + a markup
  10. 3
  11. 10
  12. 10
  13. 84
  14. 22
  15. 18
  16. 10
  17. 25
  18. 50
  19. 3
  20. 55
  21. 15
  22. 100
  23. 15
  24. 12
  25. 50
  26. 2
  27. 20
  28. 100
  29. 25
  30. 55
  31. 100
  32. 50
  33. 24
  34. 10
  35. 50
  36. 10
  37. 22
  38. 58
  39. 66
  40. 15

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