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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 737 · 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 painted pebble costs ₹34 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹47 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One cupcake costs ₹50 to make and Rohan sells it for ₹55. What is the markup in percent?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  5. 5.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  6. 6.One friendship band costs ₹20 to make and Ananya sells it for ₹30. What is the markup in percent?
  7. 7.One cupcake costs ₹24 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One jute bag costs ₹20 to make and Diya sells it for ₹30. What is the markup in percent?
  9. 9.One glass of chai costs ₹24 to make and Zoya sells it for ₹36. What is the markup in percent?
  10. 10.One cupcake costs ₹30 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One fruit cup costs ₹16 to make and Meera sells it for ₹32. What is the markup in percent?
  12. 12.One bag of popcorn costs ₹56 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  13. 13.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
  14. 14.One clay diya costs ₹52 to make and Ananya sells it for ₹65. What is the markup in percent?
  15. 15.One cupcake costs ₹42 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹18 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One jute bag costs ₹20 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹30 to make and Aarav sells it for ₹33. What is the markup in percent?
  19. 19.One cup of lemonade costs ₹50 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One handmade card costs ₹20 to make and Joseph sells it for ₹24. What is the markup in percent?
  21. 21.One bag of popcorn costs ₹60 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹55 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One jute bag costs ₹57 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹44 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One jute bag costs ₹26 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One clay diya costs ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹15 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  29. 29.One bag of popcorn costs ₹44 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹60 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One friendship band costs ₹10 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One cup of lemonade costs ₹36 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One painted pebble costs ₹36 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One friendship band costs ₹36 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One friendship band costs ₹21 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One paper bookmark costs ₹10 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹14 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹34 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹50 to make and Gurpreet sells it for ₹55. What is the markup in percent?

Answer key

  1. 51
  2. 47
  3. 10
  4. 10 rupees
  5. cost + a markup
  6. 50
  7. 30
  8. 50
  9. 50
  10. 45
  11. 100
  12. 70
  13. a loss
  14. 25
  15. 21
  16. 27
  17. 24
  18. 10
  19. 50
  20. 20
  21. 72
  22. 66
  23. 114
  24. 66
  25. 39
  26. 60
  27. 3
  28. what buyers will pay
  29. 11
  30. 6
  31. 2
  32. 72
  33. 9
  34. 54
  35. 42
  36. 22
  37. 10
  38. 14
  39. 68
  40. 10

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