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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 582 · 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 handmade card costs ₹42 to make and Farhan sells it for ₹63. What is the markup in percent?
  2. 2.One bag of popcorn costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  3. 3.One glass of chai costs ₹23 to make and Dev sells it for ₹46. What is the markup in percent?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  5. 5.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
  6. 6.One cupcake costs ₹13 to make and Ananya sells it for ₹26. What is the markup in percent?
  7. 7.One clay diya costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  8. 8.One jute bag costs ₹44 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  10. 10.One potted plant costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One clay diya costs ₹56 to make and Rohan sells it for ₹70. What is the markup in percent?
  12. 12.One painted pebble costs ₹24 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One fruit cup costs ₹60 to make and Kabir sells it for ₹120. What is the markup in percent?
  14. 14.One fruit cup costs ₹12 to make and Saanvi sells it for ₹15. What is the markup in percent?
  15. 15.One paper bookmark costs ₹36 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹30 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One fruit cup costs ₹10 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹14 to make and Riya sells it for ₹21. What is the markup in percent?
  19. 19.One jute bag costs ₹40 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One friendship band costs ₹18 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹40 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹35 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹45 to make and Riya sells it for ₹54. What is the markup in percent?
  24. 24.One cup of lemonade costs ₹31 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹55 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One fruit cup costs ₹60 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One paper bookmark costs ₹50 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One cup of lemonade costs ₹30 to make and Meera sells it for ₹36. What is the markup in percent?
  29. 29.One cupcake costs ₹55 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One fruit cup costs ₹58 to make and Rohan sells it for ₹87. What is the markup in percent?
  31. 31.One painted pebble costs ₹60 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One friendship band costs ₹40 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One glass of chai costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  34. 34.One bag of popcorn costs ₹24 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹55 to make and Riya sells it for ₹66. What is the markup in percent?
  37. 37.One friendship band costs ₹60 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One painted pebble costs ₹55 to make and Zoya sells it for ₹66. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹53 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 10
  3. 100
  4. 10 rupees
  5. a loss
  6. 100
  7. 10
  8. 44
  9. what buyers will pay
  10. 18
  11. 25
  12. 48
  13. 100
  14. 25
  15. 9
  16. 3
  17. 12
  18. 50
  19. 8
  20. 27
  21. 50
  22. 42
  23. 20
  24. 62
  25. 11
  26. 12
  27. 60
  28. 20
  29. 66
  30. 50
  31. 75
  32. 10
  33. 10
  34. 36
  35. 33
  36. 20
  37. 72
  38. 20
  39. 53
  40. 44

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