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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 74 · 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 ₹44 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹30 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹31 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  5. 5.One handmade card costs ₹16 to make and Tara sells it for ₹20. What is the markup in percent?
  6. 6.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  7. 7.One jute bag costs ₹40 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  9. 9.One painted pebble costs ₹17 to make and Zoya sells it for ₹34. What is the markup in percent?
  10. 10.One jute bag costs ₹52 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One fruit cup costs ₹52 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One potted plant costs ₹28 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One fruit cup costs ₹50 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One painted pebble costs ₹10 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  15. 15.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  16. 16.One cup of lemonade costs ₹17 to make and Aarav sells it for ₹34. What is the markup in percent?
  17. 17.One paper bookmark costs ₹44 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹12 to make and Vihaan sells it for ₹15. What is the markup in percent?
  19. 19.One glass of chai costs ₹48 to make and Aarav sells it for ₹60. What is the markup in percent?
  20. 20.One glass of chai costs ₹45 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹10 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹56 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One handmade card costs ₹40 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One potted plant costs ₹60 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹43 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹30 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹12 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One friendship band costs ₹20 to make and Joseph sells it for ₹24. What is the markup in percent?
  29. 29.One glass of chai costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹35 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹56 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹32 to make and Kavya sells it for ₹40. What is the markup in percent?
  33. 33.One friendship band costs ₹55 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One friendship band costs ₹52 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One friendship band costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹23 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One fruit cup costs ₹10 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One clay diya costs ₹60 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹20 to make and Meera sells it for ₹22. What is the markup in percent?
  40. 40.One handmade card costs ₹20 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 88
  2. 33
  3. 62
  4. 10 rupees
  5. 25
  6. cost + a markup
  7. 4
  8. a loss
  9. 100
  10. 78
  11. 52
  12. 56
  13. 75
  14. 12
  15. what buyers will pay
  16. 100
  17. 66
  18. 25
  19. 25
  20. 54
  21. 12
  22. 84
  23. 4
  24. 66
  25. 43
  26. 60
  27. 3
  28. 20
  29. 11
  30. 42
  31. 70
  32. 25
  33. 11
  34. 65
  35. 22
  36. 23
  37. 10
  38. 120
  39. 10
  40. 30

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