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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 757 · 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 cupcake costs ₹23 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One friendship band costs ₹10 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One handmade card costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One handmade card costs ₹16 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One glass of chai costs ₹30 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One friendship band costs ₹22 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One painted pebble costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One handmade card costs ₹30 to make and Zoya sells it for ₹33. What is the markup in percent?
  10. 10.One clay diya costs ₹36 to make and Kabir sells it for ₹45. What is the markup in percent?
  11. 11.One paper bookmark costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  13. 13.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  14. 14.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  15. 15.One jute bag costs ₹42 to make and Kavya sells it for ₹63. What is the markup in percent?
  16. 16.One cupcake costs ₹34 to make and Gurpreet sells it for ₹68. What is the markup in percent?
  17. 17.One painted pebble costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  18. 18.One friendship band costs ₹40 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One friendship band costs ₹31 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One bag of popcorn costs ₹15 to make and Diya sells it for ₹18. What is the markup in percent?
  21. 21.One glass of chai costs ₹55 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  22. 22.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  23. 23.One bag of popcorn costs ₹10 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹48 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One handmade card costs ₹30 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹25 to make and Ananya sells it for ₹30. What is the markup in percent?
  28. 28.One clay diya costs ₹40 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One bag of popcorn costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹12 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One cup of lemonade costs ₹30 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One friendship band costs ₹30 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One cup of lemonade costs ₹36 to make and Tara sells it for ₹54. What is the markup in percent?
  34. 34.One clay diya costs ₹22 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹52 to make and Vihaan sells it for ₹65. What is the markup in percent?
  36. 36.One painted pebble costs ₹28 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One cupcake costs ₹60 to make and Ishaan sells it for ₹66. What is the markup in percent?
  38. 38.One clay diya costs ₹15 to make and Ananya sells it for ₹18. What is the markup in percent?
  39. 39.One paper bookmark costs ₹26 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹55 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 46
  2. 22
  3. 11
  4. 55
  5. 20
  6. 36
  7. 33
  8. 55
  9. 10
  10. 25
  11. 1
  12. 10 rupees
  13. cost + a markup
  14. what buyers will pay
  15. 50
  16. 100
  17. 10
  18. 4
  19. 31
  20. 20
  21. 66
  22. a loss
  23. 1
  24. 60
  25. 36
  26. 44
  27. 20
  28. 4
  29. 22
  30. 3
  31. 6
  32. 30
  33. 50
  34. 33
  35. 25
  36. 35
  37. 10
  38. 20
  39. 52
  40. 11

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