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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 773 · 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 potted plant costs ₹10 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One cup of lemonade costs ₹60 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  4. 4.One paper bookmark costs ₹45 to make and Meera sells it for ₹54. What is the markup in percent?
  5. 5.One handmade card costs ₹50 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One fruit cup costs ₹60 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One cup of lemonade costs ₹25 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  8. 8.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  9. 9.One glass of chai costs ₹44 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹12 to make and Meera sells it for ₹15. What is the markup in percent?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  12. 12.One glass of chai costs ₹20 to make and Ananya sells it for ₹25. What is the markup in percent?
  13. 13.One paper bookmark costs ₹12 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One fruit cup costs ₹50 to make and Joseph sells it for ₹100. What is the markup in percent?
  15. 15.One glass of chai costs ₹20 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  17. 17.One jute bag costs ₹12 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹20 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  20. 20.One paper bookmark costs ₹60 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹12 to make and Ishaan sells it for ₹15. What is the markup in percent?
  22. 22.One cupcake costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹52 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹30 to make and Tara sells it for ₹36. What is the markup in percent?
  25. 25.One fruit cup costs ₹58 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One fruit cup costs ₹56 to make and Ananya sells it for ₹84. What is the markup in percent?
  27. 27.One handmade card costs ₹18 to make and Aarav sells it for ₹27. What is the markup in percent?
  28. 28.One handmade card costs ₹40 to make and Ananya sells it for ₹44. What is the markup in percent?
  29. 29.One potted plant costs ₹24 to make and Saanvi sells it for ₹30. What is the markup in percent?
  30. 30.One handmade card costs ₹31 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One painted pebble costs ₹25 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  33. 33.One jute bag costs ₹44 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One cup of lemonade costs ₹56 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹50 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One cupcake costs ₹42 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹60 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One fruit cup costs ₹20 to make and Diya sells it for ₹22. What is the markup in percent?
  39. 39.One paper bookmark costs ₹20 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹40 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 15
  2. 120
  3. a loss
  4. 20
  5. 55
  6. 6
  7. 30
  8. cost + a markup
  9. 55
  10. 25
  11. 10 rupees
  12. 25
  13. 6
  14. 100
  15. 5
  16. 10
  17. 15
  18. 24
  19. 10
  20. 72
  21. 25
  22. 66
  23. 78
  24. 20
  25. 116
  26. 50
  27. 50
  28. 10
  29. 25
  30. 31
  31. 30
  32. 10
  33. 55
  34. 70
  35. 10
  36. 21
  37. 12
  38. 10
  39. 5
  40. 48

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