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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 70 · 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) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  2. 2.One fruit cup costs ₹30 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  4. 4.One jute bag costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  5. 5.One handmade card costs ₹12 to make and Diya sells it for ₹18. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹56 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One glass of chai costs ₹50 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  9. 9.One painted pebble costs ₹34 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One bag of popcorn costs ₹22 to make and Gurpreet sells it for ₹33. What is the markup in percent?
  11. 11.One friendship band costs ₹10 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  13. 13.One friendship band costs ₹12 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹60 to make and Arjun sells it for ₹90. What is the markup in percent?
  15. 15.One glass of chai costs ₹52 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One glass of chai costs ₹55 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One friendship band costs ₹28 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹25 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One paper bookmark costs ₹23 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  21. 21.One painted pebble costs ₹28 to make and Aarav sells it for ₹35. What is the markup in percent?
  22. 22.One potted plant costs ₹18 to make and Aarav sells it for ₹27. What is the markup in percent?
  23. 23.One handmade card costs ₹28 to make and Rohan sells it for ₹35. What is the markup in percent?
  24. 24.One glass of chai costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹20 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹17 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One paper bookmark costs ₹10 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One potted plant costs ₹12 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One fruit cup costs ₹20 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One jute bag costs ₹40 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹36 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹20 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One cup of lemonade costs ₹40 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹48 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹50 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹43 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹44 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One cupcake costs ₹36 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹20 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹15 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 10 rupees
  2. 36
  3. cost + a markup
  4. 10
  5. 50
  6. 56
  7. 55
  8. 10
  9. 51
  10. 50
  11. 1
  12. what buyers will pay
  13. 3
  14. 50
  15. 78
  16. 11
  17. 35
  18. 30
  19. 46
  20. 10
  21. 25
  22. 50
  23. 25
  24. 33
  25. 2
  26. 17
  27. 5
  28. 6
  29. 10
  30. 48
  31. 36
  32. 2
  33. 10
  34. 96
  35. 60
  36. 43
  37. 55
  38. 36
  39. 10
  40. 18

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