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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 709 · 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 paper bookmark costs ₹40 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  3. 3.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  4. 4.One paper bookmark costs ₹36 to make and Zoya sells it for ₹45. What is the markup in percent?
  5. 5.One glass of chai costs ₹45 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One fruit cup costs ₹50 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  8. 8.One cup of lemonade costs ₹22 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One jute bag costs ₹42 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹48 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One painted pebble costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One handmade card costs ₹52 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  13. 13.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  14. 14.One cupcake costs ₹34 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹45 to make and Kavya sells it for ₹90. What is the markup in percent?
  16. 16.One cupcake costs ₹45 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One friendship band costs ₹15 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹55 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One fruit cup costs ₹38 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹38 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹44 to make and Nisha sells it for ₹66. What is the markup in percent?
  22. 22.One cup of lemonade costs ₹38 to make and Saanvi sells it for ₹57. What is the markup in percent?
  23. 23.One potted plant costs ₹12 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹20 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One friendship band costs ₹40 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One bag of popcorn costs ₹25 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One clay diya costs ₹49 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹50 to make and Aarav sells it for ₹75. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹24 to make and Riya sells it for ₹36. What is the markup in percent?
  31. 31.One bag of popcorn costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹51 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹55 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹10 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹10 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹16 to make and Kavya sells it for ₹24. What is the markup in percent?
  38. 38.One handmade card costs ₹12 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One paper bookmark costs ₹20 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One cupcake costs ₹40 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 10 rupees
  3. what buyers will pay
  4. 25
  5. 54
  6. 10
  7. a loss
  8. 44
  9. 63
  10. 60
  11. 11
  12. 104
  13. cost + a markup
  14. 34
  15. 100
  16. 90
  17. 15
  18. 66
  19. 57
  20. 76
  21. 50
  22. 50
  23. 15
  24. 5
  25. 10
  26. 33
  27. 30
  28. 98
  29. 50
  30. 50
  31. 65
  32. 51
  33. 11
  34. 2
  35. 10
  36. 15
  37. 50
  38. 6
  39. 5
  40. 50

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