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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 694 · 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 painted pebble costs ₹10 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹24 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) the weather only (d) what buyers will pay
  4. 4.One cup of lemonade costs ₹25 to make and Ananya sells it for ₹30. What is the markup in percent?
  5. 5.One glass of chai costs ₹60 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  7. 7.One cup of lemonade costs ₹12 to make and Meera sells it for ₹18. What is the markup in percent?
  8. 8.One paper bookmark costs ₹33 to make and Rohan sells it for ₹66. What is the markup in percent?
  9. 9.One fruit cup costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One cupcake costs ₹41 to make and Nisha sells it for ₹82. What is the markup in percent?
  11. 11.One fruit cup costs ₹18 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹31 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One bag of popcorn costs ₹40 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹12 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One clay diya costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One friendship band costs ₹11 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  18. 18.One fruit cup costs ₹60 to make and Joseph sells it for ₹66. What is the markup in percent?
  19. 19.One jute bag costs ₹30 to make and Rohan sells it for ₹36. What is the markup in percent?
  20. 20.One friendship band costs ₹20 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One clay diya costs ₹52 to make and Gurpreet sells it for ₹78. What is the markup in percent?
  22. 22.One clay diya costs ₹40 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One fruit cup costs ₹24 to make and Meera sells it for ₹48. What is the markup in percent?
  24. 24.One painted pebble costs ₹20 to make and Zoya sells it for ₹25. What is the markup in percent?
  25. 25.One cup of lemonade costs ₹57 to make and Vihaan sells it for ₹114. What is the markup in percent?
  26. 26.One cup of lemonade costs ₹20 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹40 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹12 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One paper bookmark costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One clay diya costs ₹27 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One friendship band costs ₹11 to make and Diya sells it for ₹22. What is the markup in percent?
  32. 32.One clay diya costs ₹39 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹14 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One potted plant costs ₹52 to make and Ananya sells it for ₹65. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹50 to make and Aarav sells it for ₹75. What is the markup in percent?
  37. 37.One fruit cup costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One fruit cup costs ₹56 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One painted pebble costs ₹31 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One clay diya costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 15
  2. 6
  3. what buyers will pay
  4. 20
  5. 6
  6. a loss
  7. 50
  8. 100
  9. 55
  10. 100
  11. 36
  12. 31
  13. 48
  14. 15
  15. 11
  16. 11
  17. 10 rupees
  18. 10
  19. 20
  20. 5
  21. 50
  22. 4
  23. 100
  24. 25
  25. 100
  26. 24
  27. 50
  28. 15
  29. 22
  30. 54
  31. 100
  32. 39
  33. 55
  34. 7
  35. 25
  36. 50
  37. 6
  38. 70
  39. 31
  40. 11

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