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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 686 · 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 bag of popcorn costs ₹50 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  3. 3.One friendship band costs ₹25 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One fruit cup costs ₹60 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One friendship band costs ₹44 to make and Ananya sells it for ₹55. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹44 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹20 to make and Zoya sells it for ₹30. What is the markup in percent?
  8. 8.One fruit cup costs ₹30 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  10. 10.One bag of popcorn costs ₹52 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One fruit cup costs ₹24 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One fruit cup costs ₹15 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One cupcake costs ₹46 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One paper bookmark costs ₹20 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One jute bag costs ₹26 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹12 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One bag of popcorn costs ₹28 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One cupcake costs ₹20 to make and Ishaan sells it for ₹30. What is the markup in percent?
  20. 20.One bag of popcorn costs ₹60 to make and Farhan sells it for ₹90. What is the markup in percent?
  21. 21.One handmade card costs ₹16 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹57 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One cupcake costs ₹10 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One jute bag costs ₹28 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  26. 26.One paper bookmark costs ₹52 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  27. 27.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  28. 28.One bag of popcorn costs ₹60 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  29. 29.One potted plant costs ₹10 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One jute bag costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  31. 31.One handmade card costs ₹60 to make and Riya sells it for ₹66. What is the markup in percent?
  32. 32.One potted plant costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹48 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One cup of lemonade costs ₹12 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹42 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹30 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One cupcake costs ₹46 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One fruit cup costs ₹60 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 60
  2. 10 rupees
  3. 5
  4. 15
  5. 25
  6. 22
  7. 50
  8. 36
  9. a loss
  10. 78
  11. 48
  12. 3
  13. 23
  14. 11
  15. 25
  16. 13
  17. 18
  18. 14
  19. 50
  20. 50
  21. 20
  22. 114
  23. 15
  24. 7
  25. what buyers will pay
  26. 78
  27. cost + a markup
  28. 10
  29. 1
  30. 10
  31. 10
  32. 48
  33. 60
  34. 3
  35. 42
  36. 3
  37. 3
  38. 46
  39. 6
  40. 11

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