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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 695 · 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 ₹40 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹20 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One friendship band costs ₹50 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹40 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹16 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One clay diya costs ₹28 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One glass of chai costs ₹20 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One potted plant costs ₹20 to make and Zoya sells it for ₹22. What is the markup in percent?
  9. 9.One paper bookmark costs ₹28 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  10. 10.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  11. 11.One fruit cup costs ₹24 to make and Arjun sells it for ₹30. What is the markup in percent?
  12. 12.One paper bookmark costs ₹60 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  14. 14.One potted plant costs ₹28 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One friendship band costs ₹14 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One glass of chai costs ₹24 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One clay diya costs ₹50 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One bag of popcorn costs ₹16 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One handmade card costs ₹41 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One paper bookmark costs ₹20 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One bag of popcorn costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹17 to make and Aarav sells it for ₹34. What is the markup in percent?
  23. 23.One fruit cup costs ₹28 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One jute bag costs ₹60 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One glass of chai costs ₹24 to make and Kavya sells it for ₹48. What is the markup in percent?
  26. 26.One paper bookmark costs ₹18 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹30 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  28. 28.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  29. 29.One fruit cup costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹15 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One potted plant costs ₹51 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  33. 33.One painted pebble costs ₹52 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹50 to make and Ananya sells it for ₹75. What is the markup in percent?
  35. 35.One clay diya costs ₹24 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  37. 37.One potted plant costs ₹25 to make and Farhan sells it for ₹30. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹12 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹52 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹20 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 44
  2. 24
  3. 75
  4. 4
  5. 8
  6. 42
  7. 30
  8. 10
  9. 42
  10. a loss
  11. 25
  12. 30
  13. cost + a markup
  14. 7
  15. 21
  16. 24
  17. 60
  18. 32
  19. 41
  20. 10
  21. 66
  22. 100
  23. 42
  24. 6
  25. 100
  26. 27
  27. 33
  28. what buyers will pay
  29. 11
  30. 18
  31. 51
  32. 10 rupees
  33. 104
  34. 50
  35. 30
  36. 10
  37. 20
  38. 15
  39. 65
  40. 40

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