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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 693 · 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 handmade card costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One bag of popcorn costs ₹15 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One cupcake costs ₹48 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One paper bookmark costs ₹35 to make and Lakshmi sells it for ₹70. What is the markup in percent?
  5. 5.One fruit cup costs ₹12 to make and Arjun sells it for ₹15. What is the markup in percent?
  6. 6.One potted plant costs ₹30 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One friendship band costs ₹52 to make and Dev sells it for ₹104. What is the markup in percent?
  8. 8.One cupcake costs ₹60 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹36 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One cupcake costs ₹28 to make and Aarav sells it for ₹42. What is the markup in percent?
  11. 11.One clay diya costs ₹26 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  12. 12.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  13. 13.One jute bag costs ₹20 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹20 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹16 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹20 to make and Dev sells it for ₹25. What is the markup in percent?
  17. 17.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  18. 18.One fruit cup costs ₹20 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One bag of popcorn costs ₹35 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹60 to make and Vihaan sells it for ₹66. What is the markup in percent?
  21. 21.📉 A price below the cost leads to… (a) free stock (b) a loss (c) a profit (d) break-even
  22. 22.One bag of popcorn costs ₹24 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One painted pebble costs ₹40 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One glass of chai costs ₹30 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One fruit cup costs ₹10 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One jute bag costs ₹33 to make and Ananya sells it for ₹66. What is the markup in percent?
  27. 27.One paper bookmark costs ₹20 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One jute bag costs ₹40 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One paper bookmark costs ₹50 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One fruit cup costs ₹35 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹43 to make and Ishaan sells it for ₹86. What is the markup in percent?
  32. 32.One jute bag costs ₹22 to make and Kabir sells it for ₹33. What is the markup in percent?
  33. 33.One handmade card costs ₹60 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹15 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹15 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One friendship band costs ₹32 to make and Rohan sells it for ₹40. What is the markup in percent?
  37. 37.One paper bookmark costs ₹45 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹32 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  40. 40.One glass of chai costs ₹15 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 11
  2. 18
  3. 60
  4. 100
  5. 25
  6. 33
  7. 100
  8. 66
  9. 45
  10. 50
  11. 39
  12. cost + a markup
  13. 24
  14. 24
  15. 24
  16. 25
  17. 10 rupees
  18. 25
  19. 42
  20. 10
  21. a loss
  22. 24
  23. 4
  24. 3
  25. 12
  26. 100
  27. 22
  28. 10
  29. 100
  30. 35
  31. 100
  32. 50
  33. 30
  34. 3
  35. 3
  36. 25
  37. 9
  38. 32
  39. what buyers will pay
  40. 18

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