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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 704 · 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 cup of lemonade costs ₹48 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One potted plant costs ₹36 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One clay diya costs ₹56 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹20 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.One friendship band costs ₹16 to make and Kavya sells it for ₹24. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹32 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One cup of lemonade costs ₹34 to make and Gurpreet sells it for ₹51. What is the markup in percent?
  8. 8.One cup of lemonade costs ₹10 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One clay diya costs ₹40 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.One handmade card costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One fruit cup costs ₹12 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One glass of chai costs ₹60 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One paper bookmark costs ₹48 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  15. 15.One glass of chai costs ₹20 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One bag of popcorn costs ₹14 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One cupcake costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹10 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
  20. 20.One friendship band costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  21. 21.One handmade card costs ₹44 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One bag of popcorn costs ₹16 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One handmade card costs ₹55 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One cupcake costs ₹30 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One potted plant costs ₹50 to make and Arjun sells it for ₹55. What is the markup in percent?
  27. 27.One jute bag costs ₹20 to make and Lakshmi sells it for ₹25. What is the markup in percent?
  28. 28.One painted pebble costs ₹12 to make and Riya sells it for ₹15. What is the markup in percent?
  29. 29.One potted plant costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One cupcake costs ₹10 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One paper bookmark costs ₹51 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One jute bag costs ₹50 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  34. 34.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  35. 35.One cupcake costs ₹30 to make and Vihaan sells it for ₹33. What is the markup in percent?
  36. 36.One cupcake costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹16 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹15 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹35 to make and Saanvi sells it for ₹42. What is the markup in percent?
  40. 40.One cupcake costs ₹28 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 60
  2. 72
  3. 84
  4. 10
  5. 50
  6. 16
  7. 50
  8. 1
  9. 10
  10. 5
  11. 3
  12. 12
  13. 24
  14. what buyers will pay
  15. 20
  16. 14
  17. 11
  18. 2
  19. a loss
  20. 10
  21. 55
  22. 20
  23. 55
  24. 3
  25. 22
  26. 10
  27. 25
  28. 25
  29. 11
  30. 2
  31. 102
  32. 6
  33. 55
  34. 10 rupees
  35. 10
  36. 6
  37. 24
  38. 18
  39. 20
  40. 14

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