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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 712 · 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 ₹12 to make and Dev sells it for ₹15. What is the markup in percent?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  3. 3.One paper bookmark costs ₹10 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹16 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  6. 6.One bag of popcorn costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One painted pebble costs ₹57 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One clay diya costs ₹31 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One jute bag costs ₹60 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹45 to make and Aarav sells it for ₹54. What is the markup in percent?
  11. 11.One potted plant costs ₹35 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One handmade card costs ₹16 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One paper bookmark costs ₹60 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One paper bookmark costs ₹55 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One paper bookmark costs ₹55 to make and Riya sells it for ₹66. What is the markup in percent?
  16. 16.One glass of chai costs ₹50 to make and Nisha sells it for ₹60. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹50 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹16 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One friendship band costs ₹32 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One painted pebble costs ₹22 to make and Gurpreet sells it for ₹33. What is the markup in percent?
  21. 21.One glass of chai costs ₹50 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹10 to make and Gurpreet sells it for ₹15. What is the markup in percent?
  23. 23.One paper bookmark costs ₹16 to make and Ananya sells it for ₹20. What is the markup in percent?
  24. 24.One cup of lemonade costs ₹20 to make and Kabir sells it for ₹22. What is the markup in percent?
  25. 25.One painted pebble costs ₹60 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  27. 27.One fruit cup costs ₹32 to make and Zoya sells it for ₹64. What is the markup in percent?
  28. 28.One fruit cup costs ₹40 to make and Arjun sells it for ₹48. What is the markup in percent?
  29. 29.One clay diya costs ₹24 to make and Kavya sells it for ₹30. What is the markup in percent?
  30. 30.One cupcake costs ₹10 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One painted pebble costs ₹38 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹20 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  34. 34.One glass of chai costs ₹52 to make and Rohan sells it for ₹104. What is the markup in percent?
  35. 35.One friendship band costs ₹45 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One jute bag costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One friendship band costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹49 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One cupcake costs ₹25 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 25
  2. 10 rupees
  3. 2
  4. 20
  5. a loss
  6. 33
  7. 114
  8. 62
  9. 72
  10. 20
  11. 42
  12. 4
  13. 75
  14. 66
  15. 20
  16. 20
  17. 5
  18. 8
  19. 64
  20. 50
  21. 75
  22. 50
  23. 25
  24. 10
  25. 6
  26. what buyers will pay
  27. 100
  28. 20
  29. 25
  30. 11
  31. 57
  32. 25
  33. 10
  34. 100
  35. 54
  36. 1
  37. 6
  38. 11
  39. 49
  40. 30

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