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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 744 · 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 bag of popcorn costs ₹55 to make and Diya sells it for ₹110. What is the markup in percent?
  2. 2.One cup of lemonade costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One bag of popcorn costs ₹60 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  6. 6.One potted plant costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One jute bag costs ₹52 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One jute bag costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One fruit cup costs ₹11 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One painted pebble costs ₹52 to make and Kavya sells it for ₹78. What is the markup in percent?
  11. 11.One jute bag costs ₹15 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One cupcake costs ₹36 to make and Tara sells it for ₹45. What is the markup in percent?
  13. 13.One handmade card costs ₹35 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  14. 14.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  15. 15.One clay diya costs ₹60 to make and Ananya sells it for ₹66. What is the markup in percent?
  16. 16.One painted pebble costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹46 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  19. 19.One handmade card costs ₹20 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹32 to make and Dev sells it for ₹40. What is the markup in percent?
  22. 22.One painted pebble costs ₹20 to make and Lakshmi sells it for ₹22. What is the markup in percent?
  23. 23.One friendship band costs ₹12 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One cup of lemonade costs ₹40 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹50 to make and Saanvi sells it for ₹60. What is the markup in percent?
  26. 26.One friendship band costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹50 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One clay diya costs ₹60 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹22 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One handmade card costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One fruit cup costs ₹44 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One bag of popcorn costs ₹12 to make and Gurpreet sells it for ₹15. What is the markup in percent?
  33. 33.One fruit cup costs ₹35 to make and Aarav sells it for ₹42. What is the markup in percent?
  34. 34.One painted pebble costs ₹10 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹50 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹40 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One jute bag costs ₹15 to make and Diya sells it for ₹30. What is the markup in percent?
  38. 38.One cup of lemonade costs ₹20 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹40 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One potted plant costs ₹48 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 100
  2. 22
  3. 72
  4. cost + a markup
  5. 10 rupees
  6. 5
  7. 13
  8. 6
  9. 22
  10. 50
  11. 18
  12. 25
  13. 42
  14. a loss
  15. 10
  16. 11
  17. 69
  18. 10
  19. 25
  20. 11
  21. 25
  22. 10
  23. 3
  24. 60
  25. 20
  26. 12
  27. 25
  28. 6
  29. 33
  30. 33
  31. 22
  32. 25
  33. 20
  34. 12
  35. 60
  36. 4
  37. 100
  38. 40
  39. 4
  40. 12

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