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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 788 · 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) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  2. 2.One paper bookmark costs ₹55 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One clay diya costs ₹42 to make and Kabir sells it for ₹84. What is the markup in percent?
  4. 4.One paper bookmark costs ₹40 to make and Diya sells it for ₹60. What is the markup in percent?
  5. 5.One fruit cup costs ₹32 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One friendship band costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One cupcake costs ₹32 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One clay diya costs ₹45 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  10. 10.One potted plant costs ₹36 to make. Vihaan 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 fruit cup costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  13. 13.One glass of chai costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One bag of popcorn costs ₹10 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) nothing else (d) the weather only
  16. 16.One paper bookmark costs ₹12 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹40 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹30 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹45 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹25 to make and Diya sells it for ₹30. What is the markup in percent?
  22. 22.One clay diya costs ₹21 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹37 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹24 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹50 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹18 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹52 to make and Ishaan sells it for ₹104. What is the markup in percent?
  30. 30.One painted pebble costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  31. 31.One fruit cup costs ₹32 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One clay diya costs ₹60 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One painted pebble costs ₹15 to make and Diya sells it for ₹18. What is the markup in percent?
  34. 34.One friendship band costs ₹20 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹49 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹40 to make and Nisha sells it for ₹60. What is the markup in percent?
  37. 37.One cupcake costs ₹54 to make and Ananya sells it for ₹108. What is the markup in percent?
  38. 38.One friendship band costs ₹45 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹46 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹20 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 10 rupees
  2. 66
  3. 100
  4. 50
  5. 8
  6. 2
  7. 8
  8. 54
  9. a loss
  10. 18
  11. cost + a markup
  12. 10
  13. 22
  14. 1
  15. what buyers will pay
  16. 18
  17. 44
  18. 33
  19. 54
  20. 55
  21. 20
  22. 42
  23. 37
  24. 65
  25. 24
  26. 10
  27. 4
  28. 27
  29. 100
  30. 10
  31. 32
  32. 6
  33. 20
  34. 2
  35. 49
  36. 50
  37. 100
  38. 54
  39. 69
  40. 4

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