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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 661 · 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.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  2. 2.One clay diya costs ₹50 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  3. 3.One cup of lemonade costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  4. 4.One jute bag costs ₹48 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One bag of popcorn costs ₹16 to make and Rohan sells it for ₹24. What is the markup in percent?
  6. 6.One fruit cup costs ₹46 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One potted plant costs ₹35 to make and Meera sells it for ₹42. What is the markup in percent?
  8. 8.One clay diya costs ₹28 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One potted plant costs ₹40 to make and Farhan sells it for ₹44. What is the markup in percent?
  10. 10.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  11. 11.One cup of lemonade costs ₹48 to make and Aarav sells it for ₹60. What is the markup in percent?
  12. 12.One friendship band costs ₹25 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One potted plant costs ₹60 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One fruit cup costs ₹10 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹16 to make and Zoya sells it for ₹20. What is the markup in percent?
  16. 16.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  17. 17.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  18. 18.One paper bookmark costs ₹57 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹55 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹40 to make and Joseph sells it for ₹44. What is the markup in percent?
  22. 22.One fruit cup costs ₹60 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  24. 24.One painted pebble costs ₹20 to make and Joseph sells it for ₹24. What is the markup in percent?
  25. 25.One fruit cup costs ₹11 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One clay diya costs ₹52 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One paper bookmark costs ₹40 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One potted plant costs ₹55 to make and Joseph sells it for ₹66. What is the markup in percent?
  29. 29.One paper bookmark costs ₹28 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One friendship band costs ₹20 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One painted pebble costs ₹60 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹38 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹52 to make and Saanvi sells it for ₹65. What is the markup in percent?
  36. 36.One glass of chai costs ₹22 to make and Tara sells it for ₹33. What is the markup in percent?
  37. 37.One handmade card costs ₹17 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One cupcake costs ₹40 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹12 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One fruit cup costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. a loss
  2. 75
  3. 10
  4. 12
  5. 50
  6. 23
  7. 20
  8. 7
  9. 10
  10. cost + a markup
  11. 25
  12. 50
  13. 120
  14. 2
  15. 25
  16. 10 rupees
  17. what buyers will pay
  18. 114
  19. 11
  20. 66
  21. 10
  22. 12
  23. 10
  24. 20
  25. 22
  26. 13
  27. 50
  28. 20
  29. 42
  30. 22
  31. 5
  32. 15
  33. 33
  34. 76
  35. 25
  36. 50
  37. 17
  38. 80
  39. 3
  40. 42

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