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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 618 · 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 fruit cup costs ₹40 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One bag of popcorn costs ₹14 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One clay diya costs ₹60 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹45 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹26 to make and Nisha sells it for ₹39. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹48 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  8. 8.One paper bookmark costs ₹40 to make and Kabir sells it for ₹48. What is the markup in percent?
  9. 9.One friendship band costs ₹20 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  11. 11.One fruit cup costs ₹18 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One jute bag costs ₹38 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹20 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹10 to make and Nisha sells it for ₹12. What is the markup in percent?
  16. 16.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  17. 17.One painted pebble costs ₹32 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹20 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One painted pebble costs ₹26 to make and Ishaan sells it for ₹52. What is the markup in percent?
  20. 20.One clay diya costs ₹20 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹45 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One jute bag costs ₹24 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One cupcake costs ₹30 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One painted pebble costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹30 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹32 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹50 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One painted pebble costs ₹12 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹16 to make and Ananya sells it for ₹20. What is the markup in percent?
  30. 30.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  31. 31.One glass of chai costs ₹60 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  32. 32.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  33. 33.One jute bag costs ₹48 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One cupcake costs ₹60 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹16 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹33 to make and Kavya sells it for ₹66. What is the markup in percent?
  37. 37.One jute bag costs ₹40 to make and Tara sells it for ₹48. What is the markup in percent?
  38. 38.One jute bag costs ₹20 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One cupcake costs ₹20 to make and Vihaan sells it for ₹25. What is the markup in percent?

Answer key

  1. 48
  2. 14
  3. 30
  4. 90
  5. 50
  6. 48
  7. cost + a markup
  8. 20
  9. 40
  10. 10
  11. 18
  12. 5
  13. 19
  14. 24
  15. 20
  16. what buyers will pay
  17. 40
  18. 2
  19. 100
  20. 22
  21. 54
  22. 48
  23. 45
  24. 11
  25. 30
  26. 40
  27. 10
  28. 3
  29. 25
  30. a loss
  31. 66
  32. 10 rupees
  33. 12
  34. 75
  35. 24
  36. 100
  37. 20
  38. 25
  39. 4
  40. 25

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