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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 732 · 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 ₹30 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One friendship band costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One fruit cup costs ₹52 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  6. 6.One friendship band costs ₹26 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One potted plant costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One cupcake costs ₹40 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  10. 10.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  11. 11.One bag of popcorn costs ₹10 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One glass of chai costs ₹12 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹44 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One jute bag costs ₹18 to make and Aarav sells it for ₹27. What is the markup in percent?
  15. 15.One jute bag costs ₹32 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One cupcake costs ₹10 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One friendship band costs ₹16 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  19. 19.One bag of popcorn costs ₹46 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One clay diya costs ₹16 to make and Riya sells it for ₹20. What is the markup in percent?
  21. 21.One cupcake costs ₹50 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One cupcake costs ₹22 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One jute bag costs ₹25 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One cup of lemonade costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One cupcake costs ₹56 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹58 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹15 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One friendship band costs ₹44 to make and Aarav sells it for ₹66. What is the markup in percent?
  29. 29.One clay diya costs ₹55 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹25 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹12 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One cupcake costs ₹57 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹56 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹26 to make and Rohan sells it for ₹39. What is the markup in percent?
  37. 37.One paper bookmark costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One clay diya costs ₹40 to make and Riya sells it for ₹44. What is the markup in percent?
  39. 39.One painted pebble costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One paper bookmark costs ₹23 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 36
  2. 55
  3. 66
  4. 13
  5. what buyers will pay
  6. 26
  7. 9
  8. 50
  9. a loss
  10. cost + a markup
  11. 12
  12. 24
  13. 11
  14. 50
  15. 64
  16. 10
  17. 20
  18. 10 rupees
  19. 46
  20. 25
  21. 10
  22. 22
  23. 5
  24. 48
  25. 70
  26. 116
  27. 3
  28. 50
  29. 66
  30. 42
  31. 50
  32. 6
  33. 114
  34. 70
  35. 10
  36. 50
  37. 1
  38. 10
  39. 22
  40. 46

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