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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 639 · 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 ₹58 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹20 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One painted pebble costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One paper bookmark costs ₹45 to make and Zoya sells it for ₹54. What is the markup in percent?
  5. 5.One fruit cup costs ₹44 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.One clay diya costs ₹10 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One jute bag costs ₹30 to make and Vihaan sells it for ₹33. What is the markup in percent?
  8. 8.One jute bag costs ₹26 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One glass of chai costs ₹34 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One painted pebble costs ₹20 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One jute bag costs ₹20 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One clay diya costs ₹14 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹24 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One painted pebble costs ₹24 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹32 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹56 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One bag of popcorn costs ₹13 to make and Rohan sells it for ₹26. What is the markup in percent?
  18. 18.One glass of chai costs ₹20 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 50 rupees (d) 20 rupees
  20. 20.One cup of lemonade costs ₹20 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹56 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One potted plant costs ₹16 to make and Diya sells it for ₹20. What is the markup in percent?
  23. 23.One cup of lemonade costs ₹32 to make and Riya sells it for ₹40. What is the markup in percent?
  24. 24.One fruit cup costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  25. 25.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  26. 26.One friendship band costs ₹32 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹60 to make and Joseph sells it for ₹72. What is the markup in percent?
  28. 28.One painted pebble costs ₹60 to make and Meera sells it for ₹72. What is the markup in percent?
  29. 29.One jute bag costs ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹50 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹10 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹12 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One cupcake costs ₹38 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹18 to make and Dev sells it for ₹36. What is the markup in percent?
  35. 35.One jute bag costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One jute bag costs ₹50 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹59 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹15 to make and Farhan sells it for ₹18. What is the markup in percent?
  39. 39.One clay diya costs ₹48 to make and Kabir sells it for ₹60. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹25 to make. Tara adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 29
  2. 5
  3. 11
  4. 20
  5. 44
  6. 5
  7. 10
  8. 52
  9. 17
  10. 20
  11. 24
  12. 21
  13. 6
  14. 36
  15. 40
  16. 84
  17. 100
  18. 20
  19. 10 rupees
  20. 24
  21. 56
  22. 25
  23. 25
  24. 22
  25. what buyers will pay
  26. 48
  27. 20
  28. 20
  29. 6
  30. 25
  31. 11
  32. 6
  33. 76
  34. 100
  35. 11
  36. 55
  37. 118
  38. 20
  39. 25
  40. 30

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