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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 602 · 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 painted pebble costs ₹50 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One clay diya costs ₹16 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One cupcake costs ₹42 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  5. 5.One cup of lemonade costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One fruit cup costs ₹33 to make and Diya sells it for ₹66. What is the markup in percent?
  7. 7.One friendship band costs ₹40 to make and Nisha sells it for ₹50. What is the markup in percent?
  8. 8.One bag of popcorn costs ₹16 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One fruit cup costs ₹13 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  10. 10.One cup of lemonade costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One cupcake costs ₹32 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One handmade card costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹40 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One jute bag costs ₹54 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One friendship band costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹17 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One handmade card costs ₹40 to make and Joseph sells it for ₹44. What is the markup in percent?
  18. 18.One paper bookmark costs ₹60 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  20. 20.One clay diya costs ₹60 to make and Rohan sells it for ₹90. What is the markup in percent?
  21. 21.One paper bookmark costs ₹20 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One cupcake costs ₹28 to make and Joseph sells it for ₹35. What is the markup in percent?
  23. 23.One cupcake costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹59 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  26. 26.One painted pebble costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One potted plant costs ₹48 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹10 to make and Vihaan sells it for ₹11. What is the markup in percent?
  29. 29.One painted pebble costs ₹44 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  30. 30.One paper bookmark costs ₹30 to make and Rohan sells it for ₹33. What is the markup in percent?
  31. 31.One friendship band costs ₹30 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One jute bag costs ₹20 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One potted plant costs ₹60 to make and Riya sells it for ₹72. What is the markup in percent?
  34. 34.One bag of popcorn costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹60 to make and Ishaan sells it for ₹90. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹40 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹10 to make and Dev sells it for ₹11. What is the markup in percent?
  38. 38.One cupcake costs ₹30 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹56 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One handmade card costs ₹17 to make. Diya adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 55
  2. 20
  3. 42
  4. cost + a markup
  5. 1
  6. 100
  7. 25
  8. 32
  9. 13
  10. 55
  11. 40
  12. 44
  13. 44
  14. 54
  15. 1
  16. 17
  17. 10
  18. 60
  19. a loss
  20. 50
  21. 2
  22. 25
  23. 11
  24. 118
  25. what buyers will pay
  26. 48
  27. 12
  28. 10
  29. 50
  30. 10
  31. 3
  32. 10
  33. 20
  34. 22
  35. 50
  36. 50
  37. 10
  38. 45
  39. 112
  40. 34

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