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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 762 · 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.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  2. 2.One handmade card costs ₹11 to make and Kavya sells it for ₹22. What is the markup in percent?
  3. 3.One jute bag costs ₹42 to make and Farhan sells it for ₹63. What is the markup in percent?
  4. 4.One painted pebble costs ₹26 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹16 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  7. 7.One fruit cup costs ₹30 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹55 to make and Aarav sells it for ₹66. What is the markup in percent?
  9. 9.One bag of popcorn costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One jute bag costs ₹20 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One cupcake costs ₹50 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One glass of chai costs ₹44 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One glass of chai costs ₹50 to make and Farhan sells it for ₹100. What is the markup in percent?
  14. 14.One cup of lemonade costs ₹60 to make and Vihaan sells it for ₹90. What is the markup in percent?
  15. 15.One friendship band costs ₹22 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One cup of lemonade costs ₹25 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹32 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One clay diya costs ₹25 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One bag of popcorn costs ₹24 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹30 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹18 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One painted pebble costs ₹20 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One fruit cup costs ₹56 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹32 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹13 to make and Ananya sells it for ₹26. What is the markup in percent?
  27. 27.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  28. 28.One handmade card costs ₹16 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One friendship band costs ₹45 to make and Saanvi sells it for ₹54. What is the markup in percent?
  30. 30.One cupcake costs ₹45 to make and Arjun sells it for ₹90. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹41 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹19 to make and Kabir sells it for ₹38. What is the markup in percent?
  33. 33.One jute bag costs ₹30 to make and Tara sells it for ₹33. What is the markup in percent?
  34. 34.One clay diya costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One painted pebble costs ₹10 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One jute bag costs ₹20 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹56 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One paper bookmark costs ₹60 to make and Zoya sells it for ₹75. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹30 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 10 rupees
  2. 100
  3. 50
  4. 13
  5. 8
  6. a loss
  7. 45
  8. 20
  9. 66
  10. 4
  11. 55
  12. 66
  13. 100
  14. 50
  15. 33
  16. 30
  17. 8
  18. 30
  19. 6
  20. 11
  21. 6
  22. 18
  23. 5
  24. 84
  25. 40
  26. 100
  27. cost + a markup
  28. 24
  29. 20
  30. 100
  31. 82
  32. 100
  33. 10
  34. 33
  35. 2
  36. 4
  37. 28
  38. 48
  39. 25
  40. 45

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