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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 758 · 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 fruit cup costs ₹45 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹21 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  4. 4.One cup of lemonade costs ₹13 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  6. 6.One cup of lemonade costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  8. 8.One clay diya costs ₹32 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One paper bookmark costs ₹20 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One handmade card costs ₹44 to make and Aarav sells it for ₹88. What is the markup in percent?
  11. 11.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) nothing else (d) your favourite number
  12. 12.One handmade card costs ₹48 to make and Joseph sells it for ₹72. What is the markup in percent?
  13. 13.One fruit cup costs ₹12 to make and Nisha sells it for ₹18. What is the markup in percent?
  14. 14.One cupcake costs ₹50 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One clay diya costs ₹54 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One friendship band costs ₹19 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One glass of chai costs ₹45 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹25 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹36 to make and Aarav sells it for ₹45. What is the markup in percent?
  20. 20.One painted pebble costs ₹44 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹10 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹60 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹25 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹30 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One clay diya costs ₹55 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One jute bag costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One clay diya costs ₹16 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One jute bag costs ₹16 to make and Lakshmi sells it for ₹20. What is the markup in percent?
  29. 29.One clay diya costs ₹40 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹42 to make and Saanvi sells it for ₹84. What is the markup in percent?
  33. 33.One handmade card costs ₹37 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹18 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹17 to make and Saanvi sells it for ₹34. What is the markup in percent?
  36. 36.One potted plant costs ₹12 to make and Riya sells it for ₹15. What is the markup in percent?
  37. 37.One potted plant costs ₹40 to make and Joseph sells it for ₹50. What is the markup in percent?
  38. 38.One glass of chai costs ₹20 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹20 to make and Dev sells it for ₹25. What is the markup in percent?

Answer key

  1. 54
  2. 42
  3. a loss
  4. 26
  5. 10 rupees
  6. 3
  7. cost + a markup
  8. 40
  9. 4
  10. 100
  11. what buyers will pay
  12. 50
  13. 50
  14. 5
  15. 108
  16. 19
  17. 54
  18. 5
  19. 25
  20. 55
  21. 12
  22. 72
  23. 30
  24. 15
  25. 66
  26. 2
  27. 24
  28. 25
  29. 4
  30. 66
  31. 22
  32. 100
  33. 37
  34. 36
  35. 100
  36. 25
  37. 25
  38. 22
  39. 1
  40. 25

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