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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 775 · 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 cup of lemonade costs ₹18 to make and Vihaan sells it for ₹27. What is the markup in percent?
  2. 2.One cupcake costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One painted pebble costs ₹50 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹52 to make and Diya sells it for ₹104. What is the markup in percent?
  5. 5.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  6. 6.One paper bookmark costs ₹60 to make and Riya sells it for ₹66. What is the markup in percent?
  7. 7.One cup of lemonade costs ₹42 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  9. 9.One clay diya costs ₹50 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One cup of lemonade costs ₹25 to make and Tara sells it for ₹30. What is the markup in percent?
  11. 11.One jute bag costs ₹45 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One friendship band costs ₹56 to make and Dev sells it for ₹70. What is the markup in percent?
  13. 13.One bag of popcorn costs ₹35 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹25 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  16. 16.One bag of popcorn costs ₹50 to make and Nisha sells it for ₹60. What is the markup in percent?
  17. 17.One painted pebble costs ₹17 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One glass of chai costs ₹50 to make and Arjun sells it for ₹55. What is the markup in percent?
  19. 19.One fruit cup costs ₹52 to make and Lakshmi sells it for ₹78. What is the markup in percent?
  20. 20.One painted pebble costs ₹40 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One cupcake costs ₹12 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹40 to make and Kavya sells it for ₹50. What is the markup in percent?
  23. 23.One fruit cup costs ₹25 to make and Zoya sells it for ₹30. What is the markup in percent?
  24. 24.One painted pebble costs ₹35 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One handmade card costs ₹46 to make and Meera sells it for ₹69. What is the markup in percent?
  26. 26.One paper bookmark costs ₹46 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹20 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One jute bag costs ₹44 to make and Ishaan sells it for ₹66. What is the markup in percent?
  29. 29.One bag of popcorn costs ₹50 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One bag of popcorn costs ₹58 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹40 to make and Ananya sells it for ₹44. What is the markup in percent?
  32. 32.One painted pebble costs ₹53 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹10 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹31 to make and Farhan sells it for ₹62. What is the markup in percent?
  35. 35.One cupcake costs ₹12 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One potted plant costs ₹45 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹60 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹15 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One paper bookmark costs ₹20 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One handmade card costs ₹52 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 44
  3. 55
  4. 100
  5. a loss
  6. 10
  7. 21
  8. 10 rupees
  9. 25
  10. 20
  11. 54
  12. 25
  13. 35
  14. 5
  15. cost + a markup
  16. 20
  17. 17
  18. 10
  19. 50
  20. 48
  21. 24
  22. 25
  23. 20
  24. 42
  25. 50
  26. 92
  27. 4
  28. 50
  29. 10
  30. 116
  31. 10
  32. 106
  33. 1
  34. 100
  35. 3
  36. 54
  37. 66
  38. 15
  39. 30
  40. 78

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