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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 727 · 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 ₹58 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹28 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One potted plant costs ₹34 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One clay diya costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One cupcake costs ₹33 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One fruit cup costs ₹35 to make and Aarav sells it for ₹42. What is the markup in percent?
  7. 7.One fruit cup costs ₹12 to make and Kabir sells it for ₹24. What is the markup in percent?
  8. 8.One bag of popcorn costs ₹28 to make and Arjun sells it for ₹56. What is the markup in percent?
  9. 9.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  10. 10.One handmade card costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  11. 11.One glass of chai costs ₹20 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One cup of lemonade costs ₹24 to make and Zoya sells it for ₹30. What is the markup in percent?
  13. 13.One cup of lemonade costs ₹40 to make and Rohan sells it for ₹50. What is the markup in percent?
  14. 14.One cup of lemonade costs ₹56 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One bag of popcorn costs ₹32 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹60 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One jute bag costs ₹55 to make and Vihaan sells it for ₹66. What is the markup in percent?
  18. 18.One clay diya costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  19. 19.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  20. 20.One potted plant costs ₹44 to make and Kabir sells it for ₹55. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹37 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹30 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹52 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹55 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  25. 25.One cup of lemonade costs ₹56 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹19 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One fruit cup costs ₹32 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹30 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹40 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹14 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One friendship band costs ₹13 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹54 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹55 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  36. 36.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  37. 37.One painted pebble costs ₹10 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹50 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹38 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One potted plant costs ₹58 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 29
  2. 35
  3. 17
  4. 22
  5. 66
  6. 20
  7. 100
  8. 100
  9. cost + a markup
  10. 10
  11. 4
  12. 25
  13. 25
  14. 84
  15. 16
  16. 6
  17. 20
  18. 33
  19. a loss
  20. 25
  21. 37
  22. 3
  23. 65
  24. 20
  25. 14
  26. 38
  27. 66
  28. 8
  29. 45
  30. 44
  31. 21
  32. 26
  33. 108
  34. 66
  35. 66
  36. 10 rupees
  37. 11
  38. 100
  39. 19
  40. 116

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