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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 575 · 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 clay diya costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) the weather only (d) what buyers will pay
  3. 3.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  4. 4.One clay diya costs ₹16 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹39 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  8. 8.One fruit cup costs ₹44 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One cupcake costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  10. 10.One cup of lemonade costs ₹57 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One painted pebble costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One clay diya costs ₹60 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹10 to make and Nisha sells it for ₹12. What is the markup in percent?
  14. 14.One potted plant costs ₹48 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹14 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One handmade card costs ₹30 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One jute bag costs ₹50 to make and Gurpreet sells it for ₹60. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹30 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One fruit cup costs ₹52 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹33 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One clay diya costs ₹40 to make and Vihaan sells it for ₹50. What is the markup in percent?
  22. 22.One cupcake costs ₹25 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One handmade card costs ₹60 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One cupcake costs ₹24 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹14 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One bag of popcorn costs ₹40 to make and Aarav sells it for ₹48. What is the markup in percent?
  27. 27.One paper bookmark costs ₹10 to make and Vihaan sells it for ₹15. What is the markup in percent?
  28. 28.One glass of chai costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹25 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  31. 31.One clay diya costs ₹15 to make and Diya sells it for ₹30. What is the markup in percent?
  32. 32.One paper bookmark costs ₹15 to make and Aarav sells it for ₹18. What is the markup in percent?
  33. 33.One cupcake costs ₹46 to make and Riya sells it for ₹69. What is the markup in percent?
  34. 34.One potted plant costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹40 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹16 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹42 to make and Arjun sells it for ₹63. What is the markup in percent?
  38. 38.One cupcake costs ₹18 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One glass of chai costs ₹18 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One cupcake costs ₹60 to make and Ishaan sells it for ₹72. What is the markup in percent?

Answer key

  1. 2
  2. what buyers will pay
  3. cost + a markup
  4. 20
  5. 39
  6. a loss
  7. 10 rupees
  8. 66
  9. 10
  10. 57
  11. 55
  12. 120
  13. 20
  14. 72
  15. 14
  16. 36
  17. 20
  18. 36
  19. 78
  20. 33
  21. 25
  22. 30
  23. 90
  24. 6
  25. 28
  26. 20
  27. 50
  28. 55
  29. 30
  30. 10
  31. 100
  32. 20
  33. 50
  34. 33
  35. 80
  36. 4
  37. 50
  38. 9
  39. 36
  40. 20

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