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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 65 · 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 cup of lemonade costs ₹50 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One cup of lemonade costs ₹20 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One jute bag costs ₹24 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One potted plant costs ₹24 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  6. 6.One cup of lemonade costs ₹32 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One glass of chai costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One fruit cup costs ₹20 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One jute bag costs ₹40 to make and Aarav sells it for ₹48. What is the markup in percent?
  10. 10.One handmade card costs ₹39 to make and Rohan sells it for ₹78. What is the markup in percent?
  11. 11.One bag of popcorn costs ₹54 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One friendship band costs ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One jute bag costs ₹29 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  15. 15.One potted plant costs ₹32 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹48 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹50 to make and Farhan sells it for ₹55. What is the markup in percent?
  18. 18.One clay diya costs ₹40 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One potted plant costs ₹52 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  21. 21.One bag of popcorn costs ₹10 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One cupcake costs ₹11 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One potted plant costs ₹36 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One glass of chai costs ₹45 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One fruit cup costs ₹12 to make and Arjun sells it for ₹15. What is the markup in percent?
  26. 26.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  27. 27.One friendship band costs ₹48 to make and Diya sells it for ₹60. What is the markup in percent?
  28. 28.One handmade card costs ₹59 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  29. 29.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  30. 30.One jute bag costs ₹20 to make and Kabir sells it for ₹25. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹40 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One jute bag costs ₹20 to make and Ananya sells it for ₹25. What is the markup in percent?
  33. 33.One painted pebble costs ₹34 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹24 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One glass of chai costs ₹44 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹50 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹15 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹32 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One glass of chai costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One clay diya costs ₹40 to make and Riya sells it for ₹44. What is the markup in percent?

Answer key

  1. 75
  2. 20
  3. 30
  4. 30
  5. a loss
  6. 32
  7. 22
  8. 24
  9. 20
  10. 100
  11. 81
  12. 60
  13. 29
  14. 10
  15. 40
  16. 96
  17. 10
  18. 10
  19. 13
  20. 10 rupees
  21. 2
  22. 11
  23. 9
  24. 9
  25. 25
  26. what buyers will pay
  27. 25
  28. 118
  29. cost + a markup
  30. 25
  31. 10
  32. 25
  33. 51
  34. 6
  35. 55
  36. 75
  37. 18
  38. 8
  39. 6
  40. 10

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