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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 646 · 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 paper bookmark costs ₹12 to make and Diya sells it for ₹18. What is the markup in percent?
  2. 2.One jute bag costs ₹16 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  4. 4.One friendship band costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹36 to make and Farhan sells it for ₹45. What is the markup in percent?
  6. 6.One potted plant costs ₹46 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One cup of lemonade costs ₹26 to make and Kabir sells it for ₹39. What is the markup in percent?
  8. 8.One friendship band costs ₹38 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One cup of lemonade costs ₹16 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One glass of chai costs ₹60 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One friendship band costs ₹52 to make and Zoya sells it for ₹65. What is the markup in percent?
  12. 12.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  13. 13.One bag of popcorn costs ₹36 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹60 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One clay diya costs ₹50 to make and Vihaan sells it for ₹55. What is the markup in percent?
  16. 16.One paper bookmark costs ₹28 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  18. 18.One bag of popcorn costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹56 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹40 to make and Kabir sells it for ₹44. What is the markup in percent?
  21. 21.One paper bookmark costs ₹60 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹29 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One clay diya costs ₹34 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹12 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹24 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹42 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹12 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹20 to make and Dev sells it for ₹22. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹35 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹26 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One friendship band costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹40 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹50 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹16 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One handmade card costs ₹32 to make and Nisha sells it for ₹40. What is the markup in percent?
  37. 37.One handmade card costs ₹42 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹18 to make and Saanvi sells it for ₹27. What is the markup in percent?
  39. 39.One handmade card costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹30 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 50
  2. 24
  3. 10 rupees
  4. 33
  5. 25
  6. 69
  7. 50
  8. 57
  9. 32
  10. 90
  11. 25
  12. a loss
  13. 9
  14. 75
  15. 10
  16. 7
  17. cost + a markup
  18. 3
  19. 70
  20. 10
  21. 75
  22. 29
  23. 17
  24. 3
  25. 30
  26. 21
  27. 3
  28. 10
  29. 42
  30. 13
  31. 22
  32. 66
  33. 4
  34. 60
  35. 20
  36. 25
  37. 63
  38. 50
  39. 10
  40. 6

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