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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 766 · 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 ₹60 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  3. 3.One friendship band costs ₹20 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One painted pebble costs ₹30 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One glass of chai costs ₹15 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One potted plant costs ₹60 to make and Diya sells it for ₹66. What is the markup in percent?
  7. 7.One clay diya costs ₹24 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  9. 9.One glass of chai costs ₹30 to make and Diya sells it for ₹60. What is the markup in percent?
  10. 10.One jute bag costs ₹58 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  12. 12.One bag of popcorn costs ₹60 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One potted plant costs ₹40 to make and Tara sells it for ₹44. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹15 to make and Ishaan sells it for ₹18. What is the markup in percent?
  15. 15.One bag of popcorn costs ₹45 to make and Vihaan sells it for ₹54. What is the markup in percent?
  16. 16.One painted pebble costs ₹52 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One glass of chai costs ₹56 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹30 to make and Zoya sells it for ₹33. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹40 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One clay diya costs ₹45 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One bag of popcorn costs ₹60 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One jute bag costs ₹40 to make and Nisha sells it for ₹60. What is the markup in percent?
  23. 23.One cup of lemonade costs ₹12 to make and Saanvi sells it for ₹15. What is the markup in percent?
  24. 24.One bag of popcorn costs ₹55 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹50 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  26. 26.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) the weather only (d) nothing else
  27. 27.One clay diya costs ₹16 to make and Saanvi sells it for ₹24. What is the markup in percent?
  28. 28.One friendship band costs ₹14 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One clay diya costs ₹52 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹25 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One cup of lemonade costs ₹28 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One friendship band costs ₹15 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One bag of popcorn costs ₹10 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹42 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One potted plant costs ₹42 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One bag of popcorn costs ₹42 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One fruit cup costs ₹48 to make and Joseph sells it for ₹72. What is the markup in percent?
  38. 38.One potted plant costs ₹52 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹43 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One cup of lemonade costs ₹28 to make. Diya adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 15
  2. 10 rupees
  3. 2
  4. 3
  5. 30
  6. 10
  7. 6
  8. a loss
  9. 100
  10. 29
  11. cost + a markup
  12. 12
  13. 10
  14. 20
  15. 20
  16. 13
  17. 14
  18. 10
  19. 4
  20. 9
  21. 72
  22. 50
  23. 25
  24. 66
  25. 55
  26. what buyers will pay
  27. 50
  28. 21
  29. 65
  30. 5
  31. 7
  32. 18
  33. 2
  34. 21
  35. 21
  36. 21
  37. 50
  38. 78
  39. 43
  40. 56

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