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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 69 · 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 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  2. 2.One paper bookmark costs ₹36 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One jute bag costs ₹10 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One fruit cup costs ₹28 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One clay diya costs ₹40 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One friendship band costs ₹31 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One handmade card costs ₹35 to make and Ananya sells it for ₹70. What is the markup in percent?
  8. 8.One bag of popcorn costs ₹34 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹13 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One bag of popcorn costs ₹60 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.One paper bookmark costs ₹24 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One cupcake costs ₹36 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹20 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One cup of lemonade costs ₹48 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One glass of chai costs ₹10 to make and Zoya sells it for ₹12. What is the markup in percent?
  17. 17.One glass of chai costs ₹10 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  19. 19.One glass of chai costs ₹45 to make and Saanvi sells it for ₹54. What is the markup in percent?
  20. 20.One cupcake costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One paper bookmark costs ₹40 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹25 to make and Nisha sells it for ₹30. What is the markup in percent?
  23. 23.One cup of lemonade costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹52 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  25. 25.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  26. 26.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  27. 27.One handmade card costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One fruit cup costs ₹40 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  29. 29.One glass of chai costs ₹56 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One friendship band costs ₹40 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One potted plant costs ₹60 to make and Saanvi sells it for ₹66. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹43 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One fruit cup costs ₹30 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One bag of popcorn costs ₹10 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One friendship band costs ₹60 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹45 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One painted pebble costs ₹30 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹35 to make and Meera sells it for ₹42. What is the markup in percent?
  40. 40.One handmade card costs ₹20 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 10 rupees
  2. 36
  3. 12
  4. 35
  5. 50
  6. 62
  7. 100
  8. 51
  9. 26
  10. 30
  11. 30
  12. 45
  13. 2
  14. 25
  15. 60
  16. 20
  17. 1
  18. a loss
  19. 20
  20. 3
  21. 8
  22. 20
  23. 48
  24. 65
  25. what buyers will pay
  26. cost + a markup
  27. 22
  28. 8
  29. 14
  30. 8
  31. 10
  32. 86
  33. 6
  34. 4
  35. 10
  36. 120
  37. 9
  38. 33
  39. 20
  40. 22

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