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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 627 · 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 ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  3. 3.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) what buyers will pay (d) nothing else
  4. 4.One cup of lemonade costs ₹40 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One painted pebble costs ₹52 to make and Zoya sells it for ₹65. What is the markup in percent?
  6. 6.One potted plant costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One painted pebble costs ₹60 to make and Vihaan sells it for ₹66. What is the markup in percent?
  8. 8.One fruit cup costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  10. 10.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  11. 11.One jute bag costs ₹10 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹12 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One cup of lemonade costs ₹56 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One cupcake costs ₹60 to make and Joseph sells it for ₹75. What is the markup in percent?
  15. 15.One potted plant costs ₹60 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹60 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹20 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One glass of chai costs ₹46 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One painted pebble costs ₹56 to make and Gurpreet sells it for ₹84. What is the markup in percent?
  20. 20.One glass of chai costs ₹48 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One jute bag costs ₹26 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹10 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹50 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹40 to make and Lakshmi sells it for ₹44. What is the markup in percent?
  25. 25.One glass of chai costs ₹60 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One potted plant costs ₹52 to make and Riya sells it for ₹104. What is the markup in percent?
  27. 27.One paper bookmark costs ₹13 to make and Ishaan sells it for ₹26. What is the markup in percent?
  28. 28.One painted pebble costs ₹56 to make and Nisha sells it for ₹84. What is the markup in percent?
  29. 29.One glass of chai costs ₹22 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One fruit cup costs ₹32 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹10 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One cup of lemonade costs ₹24 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One potted plant costs ₹32 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹50 to make and Rohan sells it for ₹55. What is the markup in percent?
  35. 35.One glass of chai costs ₹44 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹36 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹28 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One cup of lemonade costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹12 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 66
  2. 10 rupees
  3. what buyers will pay
  4. 8
  5. 25
  6. 66
  7. 10
  8. 22
  9. a loss
  10. cost + a markup
  11. 15
  12. 6
  13. 84
  14. 25
  15. 12
  16. 120
  17. 2
  18. 46
  19. 50
  20. 96
  21. 39
  22. 12
  23. 55
  24. 10
  25. 6
  26. 100
  27. 100
  28. 50
  29. 11
  30. 40
  31. 2
  32. 30
  33. 40
  34. 10
  35. 11
  36. 45
  37. 7
  38. 11
  39. 55
  40. 15

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