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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 736 · 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 friendship band costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹34 to make and Ananya sells it for ₹68. What is the markup in percent?
  3. 3.One bag of popcorn costs ₹15 to make and Farhan sells it for ₹18. What is the markup in percent?
  4. 4.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  5. 5.One glass of chai costs ₹36 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One friendship band costs ₹52 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  7. 7.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  8. 8.One handmade card costs ₹57 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One cupcake costs ₹14 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  11. 11.One potted plant costs ₹10 to make and Rohan sells it for ₹12. What is the markup in percent?
  12. 12.One clay diya costs ₹10 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One jute bag costs ₹40 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One friendship band costs ₹10 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One bag of popcorn costs ₹44 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹10 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One cupcake costs ₹48 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One cup of lemonade costs ₹44 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One potted plant costs ₹60 to make and Arjun sells it for ₹72. What is the markup in percent?
  20. 20.One fruit cup costs ₹56 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹25 to make and Kavya sells it for ₹30. What is the markup in percent?
  22. 22.One clay diya costs ₹36 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One friendship band costs ₹40 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One bag of popcorn costs ₹60 to make and Riya sells it for ₹66. What is the markup in percent?
  25. 25.One glass of chai costs ₹45 to make and Vihaan sells it for ₹54. What is the markup in percent?
  26. 26.One jute bag costs ₹18 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹30 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One cup of lemonade costs ₹35 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹42 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One potted plant costs ₹33 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One potted plant costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹35 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  34. 34.One potted plant costs ₹44 to make and Zoya sells it for ₹55. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹13 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹20 to make and Dev sells it for ₹30. What is the markup in percent?
  37. 37.One painted pebble costs ₹15 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One painted pebble costs ₹56 to make and Dev sells it for ₹70. What is the markup in percent?
  39. 39.One glass of chai costs ₹56 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹10 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 22
  2. 100
  3. 20
  4. what buyers will pay
  5. 54
  6. 65
  7. a loss
  8. 57
  9. 21
  10. 10
  11. 20
  12. 11
  13. 44
  14. 15
  15. 55
  16. 12
  17. 12
  18. 55
  19. 20
  20. 84
  21. 20
  22. 72
  23. 48
  24. 10
  25. 20
  26. 27
  27. 36
  28. 42
  29. 21
  30. 33
  31. 11
  32. 7
  33. 10 rupees
  34. 25
  35. 13
  36. 50
  37. 18
  38. 25
  39. 70
  40. 20

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