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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 64 · 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 friendship band costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹50 to make and Saanvi sells it for ₹75. What is the markup in percent?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  4. 4.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  5. 5.One handmade card costs ₹20 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One cup of lemonade costs ₹46 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One paper bookmark costs ₹18 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  9. 9.One painted pebble costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  10. 10.One paper bookmark costs ₹32 to make and Nisha sells it for ₹40. What is the markup in percent?
  11. 11.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) your favourite number (d) the weather only
  12. 12.One clay diya costs ₹60 to make and Joseph sells it for ₹90. What is the markup in percent?
  13. 13.One paper bookmark costs ₹10 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One cupcake costs ₹16 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One bag of popcorn costs ₹58 to make and Nisha sells it for ₹116. What is the markup in percent?
  16. 16.One cup of lemonade costs ₹40 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One fruit cup costs ₹20 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One cup of lemonade costs ₹24 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One friendship band costs ₹40 to make and Aarav sells it for ₹48. What is the markup in percent?
  20. 20.One glass of chai costs ₹58 to make and Riya sells it for ₹87. What is the markup in percent?
  21. 21.One jute bag costs ₹10 to make and Riya sells it for ₹11. What is the markup in percent?
  22. 22.One friendship band costs ₹28 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One cupcake costs ₹25 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One bag of popcorn costs ₹20 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹52 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹32 to make and Arjun sells it for ₹40. What is the markup in percent?
  27. 27.One friendship band costs ₹13 to make and Diya sells it for ₹26. What is the markup in percent?
  28. 28.One paper bookmark costs ₹60 to make and Joseph sells it for ₹72. What is the markup in percent?
  29. 29.One cupcake costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One fruit cup costs ₹40 to make and Kavya sells it for ₹48. What is the markup in percent?
  31. 31.One fruit cup costs ₹40 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹52 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One cup of lemonade costs ₹60 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹25 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  35. 35.One bag of popcorn costs ₹60 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹30 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One friendship band costs ₹40 to make and Ananya sells it for ₹48. What is the markup in percent?
  38. 38.One cupcake costs ₹16 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹22 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One handmade card costs ₹36 to make. Diya adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 65
  2. 50
  3. 10 rupees
  4. cost + a markup
  5. 4
  6. 23
  7. 36
  8. 10
  9. 10
  10. 25
  11. what buyers will pay
  12. 50
  13. 12
  14. 16
  15. 100
  16. 44
  17. 22
  18. 36
  19. 20
  20. 50
  21. 10
  22. 35
  23. 30
  24. 24
  25. 78
  26. 25
  27. 100
  28. 20
  29. 6
  30. 20
  31. 44
  32. 13
  33. 90
  34. 20
  35. 75
  36. 6
  37. 20
  38. 4
  39. 33
  40. 45

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