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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 75 · 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 clay diya costs ₹28 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One potted plant costs ₹20 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One potted plant costs ₹30 to make and Tara sells it for ₹33. What is the markup in percent?
  4. 4.One cupcake costs ₹30 to make and Ishaan sells it for ₹33. What is the markup in percent?
  5. 5.One paper bookmark costs ₹34 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One glass of chai costs ₹20 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One handmade card costs ₹20 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  10. 10.One painted pebble costs ₹50 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One potted plant costs ₹40 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One cup of lemonade costs ₹60 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One cup of lemonade costs ₹16 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  15. 15.One glass of chai costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹50 to make and Gurpreet sells it for ₹55. What is the markup in percent?
  17. 17.One friendship band costs ₹26 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹30 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹45 to make and Joseph sells it for ₹54. What is the markup in percent?
  20. 20.One cupcake costs ₹20 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹30 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.📉 A price below the cost leads to… (a) a loss (b) free stock (c) a profit (d) break-even
  23. 23.One bag of popcorn costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  26. 26.One painted pebble costs ₹15 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One glass of chai costs ₹10 to make and Saanvi sells it for ₹20. What is the markup in percent?
  28. 28.One bag of popcorn costs ₹40 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One paper bookmark costs ₹60 to make and Lakshmi sells it for ₹72. What is the markup in percent?
  30. 30.One handmade card costs ₹20 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹14 to make and Arjun sells it for ₹21. What is the markup in percent?
  32. 32.One paper bookmark costs ₹16 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹40 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One glass of chai costs ₹26 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹20 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹32 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹56 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One potted plant costs ₹18 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One jute bag costs ₹12 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 28
  2. 10
  3. 10
  4. 10
  5. 68
  6. 1
  7. 25
  8. 22
  9. 10 rupees
  10. 55
  11. 4
  12. 12
  13. 4
  14. cost + a markup
  15. 6
  16. 10
  17. 26
  18. 33
  19. 20
  20. 25
  21. 3
  22. a loss
  23. 22
  24. 2
  25. what buyers will pay
  26. 3
  27. 100
  28. 4
  29. 20
  30. 24
  31. 50
  32. 20
  33. 44
  34. 39
  35. 40
  36. 8
  37. 70
  38. 9
  39. 6
  40. 11

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