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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 730 · 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 potted plant costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  3. 3.One paper bookmark costs ₹36 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One paper bookmark costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?
  5. 5.One glass of chai costs ₹44 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One clay diya costs ₹44 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One painted pebble costs ₹50 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One cup of lemonade costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  9. 9.One friendship band costs ₹52 to make and Kabir sells it for ₹65. What is the markup in percent?
  10. 10.One handmade card costs ₹58 to make and Arjun sells it for ₹116. What is the markup in percent?
  11. 11.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  12. 12.One potted plant costs ₹25 to make and Dev sells it for ₹30. What is the markup in percent?
  13. 13.One clay diya costs ₹16 to make and Rohan sells it for ₹24. What is the markup in percent?
  14. 14.One jute bag costs ₹24 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  16. 16.One potted plant costs ₹40 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹13 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One cup of lemonade costs ₹60 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One glass of chai costs ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One friendship band costs ₹36 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹40 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One fruit cup costs ₹60 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One jute bag costs ₹27 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹36 to make and Kabir sells it for ₹45. What is the markup in percent?
  25. 25.One cupcake costs ₹40 to make and Dev sells it for ₹44. What is the markup in percent?
  26. 26.One glass of chai costs ₹50 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One cup of lemonade costs ₹20 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹44 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One cup of lemonade costs ₹54 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One clay diya costs ₹12 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹24 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹41 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One potted plant costs ₹38 to make and Lakshmi sells it for ₹57. What is the markup in percent?
  34. 34.One painted pebble costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹46 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹30 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One painted pebble costs ₹20 to make and Dev sells it for ₹22. What is the markup in percent?
  39. 39.One painted pebble costs ₹33 to make and Kabir sells it for ₹66. What is the markup in percent?
  40. 40.One bag of popcorn costs ₹22 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 55
  2. cost + a markup
  3. 9
  4. 10
  5. 66
  6. 55
  7. 5
  8. 10
  9. 25
  10. 100
  11. what buyers will pay
  12. 20
  13. 50
  14. 48
  15. 10 rupees
  16. 8
  17. 13
  18. 66
  19. 6
  20. 45
  21. 4
  22. 6
  23. 54
  24. 25
  25. 10
  26. 5
  27. 22
  28. 88
  29. 108
  30. 6
  31. 48
  32. 82
  33. 50
  34. 22
  35. 92
  36. 3
  37. 44
  38. 10
  39. 100
  40. 11

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