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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 692 · 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 loss (b) a profit (c) break-even (d) free stock
  2. 2.One fruit cup costs ₹45 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One glass of chai costs ₹16 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) nothing else (d) the weather only
  5. 5.One potted plant costs ₹46 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One bag of popcorn costs ₹48 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One clay diya costs ₹36 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹10 to make and Dev sells it for ₹12. What is the markup in percent?
  9. 9.One cupcake costs ₹60 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One clay diya costs ₹23 to make and Kavya sells it for ₹46. What is the markup in percent?
  11. 11.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  12. 12.One painted pebble costs ₹30 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹52 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹42 to make and Aarav sells it for ₹84. What is the markup in percent?
  15. 15.One glass of chai costs ₹40 to make and Diya sells it for ₹50. What is the markup in percent?
  16. 16.One bag of popcorn costs ₹25 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One friendship band costs ₹10 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  19. 19.One paper bookmark costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One bag of popcorn costs ₹45 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One potted plant costs ₹32 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹30 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹12 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One glass of chai costs ₹39 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One handmade card costs ₹50 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One cup of lemonade costs ₹28 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  28. 28.One glass of chai costs ₹13 to make and Ishaan sells it for ₹26. What is the markup in percent?
  29. 29.One glass of chai costs ₹36 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One jute bag costs ₹28 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹20 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹50 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹30 to make and Gurpreet sells it for ₹36. What is the markup in percent?
  34. 34.One cup of lemonade costs ₹50 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹30 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One cup of lemonade costs ₹52 to make and Ishaan sells it for ₹65. What is the markup in percent?
  37. 37.One clay diya costs ₹43 to make and Arjun sells it for ₹86. What is the markup in percent?
  38. 38.One potted plant costs ₹34 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One glass of chai costs ₹40 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One friendship band costs ₹24 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. a loss
  2. 45
  3. 8
  4. what buyers will pay
  5. 92
  6. 96
  7. 45
  8. 20
  9. 6
  10. 100
  11. cost + a markup
  12. 33
  13. 65
  14. 100
  15. 25
  16. 30
  17. 1
  18. 10 rupees
  19. 15
  20. 54
  21. 64
  22. 33
  23. 3
  24. 78
  25. 55
  26. 35
  27. 10
  28. 100
  29. 36
  30. 42
  31. 24
  32. 60
  33. 20
  34. 75
  35. 6
  36. 25
  37. 100
  38. 17
  39. 50
  40. 6

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