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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 628 · 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.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  2. 2.One cupcake costs ₹30 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One bag of popcorn costs ₹60 to make and Zoya sells it for ₹72. What is the markup in percent?
  4. 4.One fruit cup costs ₹32 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One jute bag costs ₹48 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One clay diya costs ₹24 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹56 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  9. 9.One cup of lemonade costs ₹32 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One paper bookmark costs ₹60 to make and Joseph sells it for ₹75. What is the markup in percent?
  11. 11.One cupcake costs ₹52 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹36 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  14. 14.One bag of popcorn costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One glass of chai costs ₹12 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  17. 17.One handmade card costs ₹10 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹36 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹32 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One potted plant costs ₹20 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹10 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹43 to make and Aarav sells it for ₹86. What is the markup in percent?
  24. 24.One fruit cup costs ₹45 to make and Saanvi sells it for ₹54. What is the markup in percent?
  25. 25.One painted pebble costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹10 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹16 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One bag of popcorn costs ₹58 to make and Tara sells it for ₹87. What is the markup in percent?
  29. 29.One handmade card costs ₹32 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One handmade card costs ₹45 to make and Riya sells it for ₹54. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹10 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹30 to make and Diya sells it for ₹36. What is the markup in percent?
  35. 35.One paper bookmark costs ₹20 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹28 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One painted pebble costs ₹10 to make and Tara sells it for ₹12. What is the markup in percent?
  38. 38.One potted plant costs ₹20 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
  40. 40.One potted plant costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. a loss
  2. 6
  3. 20
  4. 8
  5. 72
  6. 12
  7. 28
  8. what buyers will pay
  9. 16
  10. 25
  11. 78
  12. 9
  13. cost + a markup
  14. 3
  15. 3
  16. 10 rupees
  17. 11
  18. 33
  19. 54
  20. 32
  21. 24
  22. 12
  23. 100
  24. 20
  25. 11
  26. 15
  27. 20
  28. 50
  29. 48
  30. 20
  31. 22
  32. 22
  33. 2
  34. 20
  35. 22
  36. 35
  37. 20
  38. 25
  39. 10
  40. 33

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