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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 634 · 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 potted plant costs ₹56 to make and Vihaan sells it for ₹70. What is the markup in percent?
  2. 2.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost + a markup (d) cost − a markup
  3. 3.One fruit cup costs ₹50 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One friendship band costs ₹48 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹32 to make and Ishaan sells it for ₹48. What is the markup in percent?
  6. 6.One handmade card costs ₹56 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹55 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One potted plant costs ₹28 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One clay diya costs ₹30 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One clay diya costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
  11. 11.One friendship band costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  13. 13.One potted plant costs ₹35 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹20 to make and Ananya sells it for ₹22. What is the markup in percent?
  15. 15.One potted plant costs ₹60 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One potted plant costs ₹56 to make and Joseph sells it for ₹84. What is the markup in percent?
  17. 17.One handmade card costs ₹12 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One bag of popcorn costs ₹60 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One bag of popcorn costs ₹40 to make and Kavya sells it for ₹60. What is the markup in percent?
  20. 20.One painted pebble costs ₹20 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹52 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹60 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹10 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹10 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹34 to make and Kabir sells it for ₹68. What is the markup in percent?
  26. 26.One handmade card costs ₹40 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹44 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One paper bookmark costs ₹22 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹20 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One bag of popcorn costs ₹40 to make and Dev sells it for ₹44. What is the markup in percent?
  31. 31.One potted plant costs ₹10 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹56 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹20 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One cup of lemonade costs ₹50 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  36. 36.One cup of lemonade costs ₹59 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One bag of popcorn costs ₹22 to make and Ishaan sells it for ₹33. What is the markup in percent?
  38. 38.One paper bookmark costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One friendship band costs ₹12 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹39 to make. Meera adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 25
  2. cost + a markup
  3. 60
  4. 60
  5. 50
  6. 70
  7. 11
  8. 7
  9. 33
  10. 10
  11. 10
  12. 10 rupees
  13. 35
  14. 10
  15. 72
  16. 50
  17. 18
  18. 15
  19. 50
  20. 5
  21. 65
  22. 75
  23. 11
  24. 15
  25. 100
  26. 10
  27. 11
  28. 44
  29. 10
  30. 10
  31. 2
  32. 70
  33. 24
  34. 10
  35. a loss
  36. 59
  37. 50
  38. 1
  39. 15
  40. 78

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