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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 67 · 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 potted plant costs ₹40 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One cupcake costs ₹54 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  3. 3.One clay diya costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One jute bag costs ₹20 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One painted pebble costs ₹60 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One fruit cup costs ₹36 to make and Saanvi sells it for ₹45. What is the markup in percent?
  7. 7.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  8. 8.One cup of lemonade costs ₹30 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One friendship band costs ₹40 to make and Diya sells it for ₹44. What is the markup in percent?
  10. 10.One clay diya costs ₹25 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹52 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One cup of lemonade costs ₹30 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  13. 13.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  14. 14.One potted plant costs ₹60 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 50 rupees (d) 20 rupees
  16. 16.One painted pebble costs ₹38 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One cup of lemonade costs ₹30 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One glass of chai costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  19. 19.One clay diya costs ₹24 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One potted plant costs ₹10 to make and Farhan sells it for ₹11. What is the markup in percent?
  21. 21.One painted pebble costs ₹52 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹35 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  24. 24.One painted pebble costs ₹40 to make and Vihaan sells it for ₹80. What is the markup in percent?
  25. 25.One glass of chai costs ₹28 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One jute bag costs ₹24 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One cup of lemonade costs ₹20 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹44 to make and Ananya sells it for ₹66. What is the markup in percent?
  29. 29.One jute bag costs ₹22 to make and Diya sells it for ₹33. What is the markup in percent?
  30. 30.One clay diya costs ₹15 to make and Ananya sells it for ₹18. What is the markup in percent?
  31. 31.One cupcake costs ₹15 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One cupcake costs ₹37 to make and Nisha sells it for ₹74. What is the markup in percent?
  33. 33.One clay diya costs ₹16 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹25 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹44 to make and Arjun sells it for ₹55. What is the markup in percent?
  36. 36.One fruit cup costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹51 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹50 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One jute bag costs ₹14 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One paper bookmark costs ₹28 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 81
  3. 55
  4. 4
  5. 120
  6. 25
  7. a loss
  8. 3
  9. 10
  10. 30
  11. 52
  12. 36
  13. cost + a markup
  14. 15
  15. 10 rupees
  16. 19
  17. 15
  18. 10
  19. 6
  20. 10
  21. 65
  22. 7
  23. what buyers will pay
  24. 100
  25. 7
  26. 12
  27. 4
  28. 50
  29. 50
  30. 20
  31. 3
  32. 100
  33. 20
  34. 30
  35. 25
  36. 44
  37. 51
  38. 5
  39. 21
  40. 35

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