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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 785 · 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 painted pebble costs ₹16 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  4. 4.One glass of chai costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One glass of chai costs ₹45 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  7. 7.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  8. 8.One clay diya costs ₹10 to make and Diya sells it for ₹12. What is the markup in percent?
  9. 9.One fruit cup costs ₹48 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹32 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One jute bag costs ₹32 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  13. 13.One paper bookmark costs ₹49 to make and Kavya sells it for ₹98. What is the markup in percent?
  14. 14.One handmade card costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One jute bag costs ₹52 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One paper bookmark costs ₹60 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One cupcake costs ₹40 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹32 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One handmade card costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹55 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹10 to make and Arjun sells it for ₹11. What is the markup in percent?
  22. 22.One cupcake costs ₹59 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹50 to make and Ananya sells it for ₹75. What is the markup in percent?
  24. 24.One cupcake costs ₹15 to make and Lakshmi sells it for ₹18. What is the markup in percent?
  25. 25.One glass of chai costs ₹56 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹14 to make and Saanvi sells it for ₹21. What is the markup in percent?
  27. 27.One potted plant costs ₹28 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One painted pebble costs ₹24 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  29. 29.One paper bookmark costs ₹30 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One bag of popcorn costs ₹45 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹50 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One handmade card costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹60 to make and Lakshmi sells it for ₹120. What is the markup in percent?
  34. 34.One friendship band costs ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One bag of popcorn costs ₹10 to make and Meera sells it for ₹12. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹15 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One paper bookmark costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One paper bookmark costs ₹52 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 4
  2. 18
  3. a loss
  4. 12
  5. 9
  6. cost + a markup
  7. what buyers will pay
  8. 20
  9. 60
  10. 40
  11. 40
  12. 10 rupees
  13. 100
  14. 11
  15. 13
  16. 90
  17. 44
  18. 8
  19. 33
  20. 66
  21. 10
  22. 118
  23. 50
  24. 20
  25. 70
  26. 50
  27. 28
  28. 25
  29. 6
  30. 90
  31. 10
  32. 55
  33. 100
  34. 3
  35. 20
  36. 1
  37. 44
  38. 18
  39. 33
  40. 26

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