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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 580 · 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. Tara adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One jute bag costs ₹16 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One painted pebble costs ₹20 to make and Diya sells it for ₹40. What is the markup in percent?
  4. 4.One painted pebble costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One paper bookmark costs ₹20 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One painted pebble costs ₹15 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  8. 8.One potted plant costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One handmade card costs ₹11 to make and Ishaan sells it for ₹22. What is the markup in percent?
  10. 10.One painted pebble costs ₹40 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One painted pebble costs ₹40 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  12. 12.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  13. 13.One painted pebble costs ₹60 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One cupcake costs ₹52 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One cupcake costs ₹30 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One bag of popcorn costs ₹22 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹10 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹56 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹20 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹40 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One bag of popcorn costs ₹56 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹12 to make and Diya sells it for ₹15. What is the markup in percent?
  23. 23.One glass of chai costs ₹42 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹20 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  26. 26.One bag of popcorn costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹60 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One clay diya costs ₹32 to make and Nisha sells it for ₹40. What is the markup in percent?
  29. 29.One potted plant costs ₹60 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One cup of lemonade costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One cupcake costs ₹30 to make and Ananya sells it for ₹33. What is the markup in percent?
  32. 32.One fruit cup costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  33. 33.One cupcake costs ₹59 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹43 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One paper bookmark costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹18 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One clay diya costs ₹12 to make and Kavya sells it for ₹18. What is the markup in percent?
  38. 38.One painted pebble costs ₹32 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One paper bookmark costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹40 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 2
  2. 8
  3. 100
  4. 33
  5. 10
  6. 18
  7. cost + a markup
  8. 33
  9. 100
  10. 40
  11. 48
  12. a loss
  13. 90
  14. 26
  15. 3
  16. 44
  17. 2
  18. 84
  19. 25
  20. 10
  21. 70
  22. 25
  23. 63
  24. 24
  25. what buyers will pay
  26. 22
  27. 12
  28. 25
  29. 15
  30. 22
  31. 10
  32. 10
  33. 59
  34. 43
  35. 11
  36. 18
  37. 50
  38. 8
  39. 10
  40. 50

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