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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 672 · 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 ₹53 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  2. 2.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  3. 3.One painted pebble costs ₹49 to make and Zoya sells it for ₹98. What is the markup in percent?
  4. 4.One friendship band costs ₹36 to make and Arjun sells it for ₹54. What is the markup in percent?
  5. 5.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  6. 6.One fruit cup costs ₹52 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One handmade card costs ₹24 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One jute bag costs ₹32 to make and Dev sells it for ₹48. What is the markup in percent?
  9. 9.One jute bag costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One handmade card costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One potted plant costs ₹30 to make and Riya sells it for ₹60. What is the markup in percent?
  12. 12.One cup of lemonade costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One cupcake costs ₹28 to make and Kavya sells it for ₹35. What is the markup in percent?
  14. 14.One painted pebble costs ₹10 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One friendship band costs ₹18 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One clay diya costs ₹44 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹40 to make and Rohan sells it for ₹48. What is the markup in percent?
  18. 18.One cupcake costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  19. 19.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
  20. 20.One cup of lemonade costs ₹25 to make and Meera sells it for ₹30. What is the markup in percent?
  21. 21.One potted plant costs ₹10 to make and Ananya sells it for ₹12. What is the markup in percent?
  22. 22.One friendship band costs ₹10 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹56 to make and Ishaan sells it for ₹84. What is the markup in percent?
  24. 24.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  25. 25.One potted plant costs ₹16 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One painted pebble costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One bag of popcorn costs ₹60 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹22 to make and Gurpreet sells it for ₹44. What is the markup in percent?
  29. 29.One friendship band costs ₹10 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One fruit cup costs ₹48 to make and Meera sells it for ₹72. What is the markup in percent?
  31. 31.One clay diya costs ₹22 to make and Kavya sells it for ₹33. What is the markup in percent?
  32. 32.One handmade card costs ₹10 to make and Aarav sells it for ₹12. What is the markup in percent?
  33. 33.One cupcake costs ₹60 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹30 to make and Ishaan sells it for ₹33. What is the markup in percent?
  35. 35.One paper bookmark costs ₹16 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹58 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One handmade card costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹55 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One fruit cup costs ₹53 to make and Vihaan sells it for ₹106. What is the markup in percent?

Answer key

  1. 106
  2. what buyers will pay
  3. 100
  4. 50
  5. cost + a markup
  6. 78
  7. 30
  8. 50
  9. 2
  10. 22
  11. 100
  12. 44
  13. 25
  14. 5
  15. 36
  16. 11
  17. 20
  18. 33
  19. a loss
  20. 20
  21. 20
  22. 2
  23. 50
  24. 10 rupees
  25. 8
  26. 18
  27. 75
  28. 100
  29. 10
  30. 50
  31. 50
  32. 20
  33. 66
  34. 10
  35. 8
  36. 87
  37. 4
  38. 55
  39. 11
  40. 100

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