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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 759 · 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 ₹20 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹24 to make and Tara sells it for ₹48. What is the markup in percent?
  3. 3.One friendship band costs ₹30 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One fruit cup costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹14 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One jute bag costs ₹60 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One glass of chai costs ₹30 to make and Ananya sells it for ₹45. What is the markup in percent?
  8. 8.One clay diya costs ₹40 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One clay diya costs ₹40 to make and Diya sells it for ₹50. What is the markup in percent?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 20 rupees (d) 50 rupees
  11. 11.One fruit cup costs ₹35 to make and Riya sells it for ₹42. What is the markup in percent?
  12. 12.One clay diya costs ₹15 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One painted pebble costs ₹20 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One potted plant costs ₹32 to make and Lakshmi sells it for ₹40. What is the markup in percent?
  15. 15.One friendship band costs ₹54 to make and Meera sells it for ₹108. What is the markup in percent?
  16. 16.One fruit cup costs ₹24 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One cupcake costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹20 to make and Tara sells it for ₹24. What is the markup in percent?
  19. 19.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  20. 20.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  21. 21.One cup of lemonade costs ₹55 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One cup of lemonade costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  23. 23.One jute bag costs ₹20 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One painted pebble costs ₹10 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹48 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹35 to make and Riya sells it for ₹42. What is the markup in percent?
  27. 27.One handmade card costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  28. 28.One cupcake costs ₹60 to make and Tara sells it for ₹72. What is the markup in percent?
  29. 29.One handmade card costs ₹24 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹50 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹40 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹20 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One cupcake costs ₹44 to make and Ananya sells it for ₹66. What is the markup in percent?
  34. 34.One fruit cup costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One jute bag costs ₹20 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹60 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹32 to make and Tara sells it for ₹40. What is the markup in percent?
  39. 39.One painted pebble costs ₹36 to make and Tara sells it for ₹72. What is the markup in percent?
  40. 40.One bag of popcorn costs ₹28 to make. Meera adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 30
  2. 100
  3. 45
  4. 66
  5. 21
  6. 72
  7. 50
  8. 10
  9. 25
  10. 10 rupees
  11. 20
  12. 3
  13. 2
  14. 25
  15. 100
  16. 6
  17. 55
  18. 20
  19. a loss
  20. what buyers will pay
  21. 11
  22. 10
  23. 25
  24. 15
  25. 72
  26. 20
  27. 10
  28. 20
  29. 36
  30. 10
  31. 44
  32. 5
  33. 50
  34. 3
  35. 24
  36. 66
  37. 6
  38. 25
  39. 100
  40. 35

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