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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 594 · 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 ₹20 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One jute bag costs ₹35 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One bag of popcorn costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  5. 5.One clay diya costs ₹20 to make and Dev sells it for ₹22. What is the markup in percent?
  6. 6.One glass of chai costs ₹12 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One friendship band costs ₹43 to make and Tara sells it for ₹86. What is the markup in percent?
  8. 8.One fruit cup costs ₹53 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One cupcake costs ₹16 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One friendship band costs ₹45 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹32 to make and Saanvi sells it for ₹64. What is the markup in percent?
  12. 12.One cup of lemonade costs ₹14 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One fruit cup costs ₹14 to make and Arjun sells it for ₹28. What is the markup in percent?
  14. 14.One cup of lemonade costs ₹44 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One clay diya costs ₹20 to make and Dev sells it for ₹25. What is the markup in percent?
  16. 16.One potted plant costs ₹14 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹32 to make and Ishaan sells it for ₹48. What is the markup in percent?
  18. 18.One friendship band costs ₹40 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  19. 19.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  20. 20.One painted pebble costs ₹40 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹35 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹48 to make and Riya sells it for ₹72. What is the markup in percent?
  23. 23.One potted plant costs ₹50 to make and Gurpreet sells it for ₹55. What is the markup in percent?
  24. 24.One cupcake costs ₹50 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One jute bag costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹36 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  27. 27.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  28. 28.One friendship band costs ₹24 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹30 to make and Lakshmi sells it for ₹33. What is the markup in percent?
  32. 32.One cupcake costs ₹14 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One jute bag costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One cupcake costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One paper bookmark costs ₹26 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹44 to make and Gurpreet sells it for ₹55. What is the markup in percent?
  37. 37.One potted plant costs ₹30 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹40 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One bag of popcorn costs ₹20 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹50 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 22
  2. 42
  3. 11
  4. 10 rupees
  5. 10
  6. 6
  7. 100
  8. 106
  9. 20
  10. 90
  11. 100
  12. 7
  13. 100
  14. 55
  15. 25
  16. 21
  17. 50
  18. 48
  19. a loss
  20. 48
  21. 42
  22. 50
  23. 10
  24. 5
  25. 4
  26. 45
  27. cost + a markup
  28. 36
  29. 44
  30. 22
  31. 10
  32. 7
  33. 11
  34. 1
  35. 39
  36. 25
  37. 36
  38. 4
  39. 4
  40. 55

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