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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 584 · 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 paper bookmark costs ₹52 to make and Aarav sells it for ₹104. What is the markup in percent?
  2. 2.One friendship band costs ₹30 to make and Ishaan sells it for ₹36. What is the markup in percent?
  3. 3.One handmade card costs ₹36 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One jute bag costs ₹52 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  5. 5.One potted plant costs ₹40 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One handmade card costs ₹12 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹12 to make and Saanvi sells it for ₹15. What is the markup in percent?
  8. 8.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  9. 9.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  10. 10.One handmade card costs ₹35 to make and Gurpreet sells it for ₹42. What is the markup in percent?
  11. 11.One cupcake costs ₹22 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One paper bookmark costs ₹30 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One potted plant costs ₹18 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One handmade card costs ₹52 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One jute bag costs ₹52 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹25 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹28 to make and Farhan sells it for ₹35. What is the markup in percent?
  19. 19.One friendship band costs ₹30 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹40 to make and Lakshmi sells it for ₹44. What is the markup in percent?
  21. 21.One glass of chai costs ₹55 to make and Meera sells it for ₹110. What is the markup in percent?
  22. 22.One jute bag costs ₹20 to make and Arjun sells it for ₹24. What is the markup in percent?
  23. 23.One handmade card costs ₹60 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  24. 24.One fruit cup costs ₹50 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One fruit cup costs ₹11 to make and Ishaan sells it for ₹22. What is the markup in percent?
  26. 26.One cup of lemonade costs ₹16 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹32 to make and Arjun sells it for ₹40. What is the markup in percent?
  28. 28.One cupcake costs ₹44 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹38 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One fruit cup costs ₹40 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One painted pebble costs ₹33 to make and Kavya sells it for ₹66. What is the markup in percent?
  32. 32.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  33. 33.One fruit cup costs ₹54 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹35 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One fruit cup costs ₹60 to make and Tara sells it for ₹75. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹10 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One cup of lemonade costs ₹20 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹46 to make and Kavya sells it for ₹92. What is the markup in percent?
  39. 39.One jute bag costs ₹10 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One handmade card costs ₹10 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 100
  2. 20
  3. 9
  4. 104
  5. 8
  6. 24
  7. 25
  8. a loss
  9. cost + a markup
  10. 20
  11. 44
  12. 3
  13. 36
  14. 1
  15. 65
  16. 13
  17. 5
  18. 25
  19. 33
  20. 10
  21. 100
  22. 20
  23. 10
  24. 5
  25. 100
  26. 32
  27. 25
  28. 22
  29. 38
  30. 4
  31. 100
  32. 10 rupees
  33. 54
  34. 7
  35. 25
  36. 12
  37. 4
  38. 100
  39. 15
  40. 2

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