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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 711 · 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 bag of popcorn costs ₹40 to make and Farhan sells it for ₹44. What is the markup in percent?
  2. 2.One friendship band costs ₹44 to make and Ishaan sells it for ₹55. What is the markup in percent?
  3. 3.One paper bookmark costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One paper bookmark costs ₹15 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One cupcake costs ₹35 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One painted pebble costs ₹46 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹55 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  10. 10.One friendship band costs ₹10 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.One cup of lemonade costs ₹60 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One friendship band costs ₹25 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹30 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One friendship band costs ₹48 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹24 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  17. 17.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  18. 18.One glass of chai costs ₹30 to make and Lakshmi sells it for ₹36. What is the markup in percent?
  19. 19.One glass of chai costs ₹50 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹32 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹20 to make and Diya sells it for ₹25. What is the markup in percent?
  22. 22.One fruit cup costs ₹12 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One painted pebble costs ₹32 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹58 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One bag of popcorn costs ₹31 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹60 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One clay diya costs ₹35 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹20 to make and Aarav sells it for ₹40. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹30 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹40 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹12 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹60 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹44 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹10 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One painted pebble costs ₹16 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹16 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹50 to make and Diya sells it for ₹60. What is the markup in percent?
  38. 38.One paper bookmark costs ₹50 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One fruit cup costs ₹28 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One painted pebble costs ₹15 to make and Nisha sells it for ₹18. What is the markup in percent?

Answer key

  1. 10
  2. 25
  3. 22
  4. 18
  5. 70
  6. 3
  7. 69
  8. 66
  9. 10 rupees
  10. 5
  11. 72
  12. 30
  13. 36
  14. 60
  15. 6
  16. a loss
  17. cost + a markup
  18. 20
  19. 60
  20. 40
  21. 25
  22. 18
  23. 16
  24. 29
  25. 62
  26. 60
  27. 70
  28. 100
  29. 33
  30. 44
  31. 24
  32. 75
  33. 55
  34. 12
  35. 20
  36. 20
  37. 20
  38. 60
  39. 7
  40. 20

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