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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 795 · 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 jute bag costs ₹36 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One glass of chai costs ₹40 to make and Tara sells it for ₹44. What is the markup in percent?
  3. 3.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  4. 4.One handmade card costs ₹35 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One glass of chai costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One paper bookmark costs ₹60 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹60 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One handmade card costs ₹35 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One fruit cup costs ₹54 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One bag of popcorn costs ₹28 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹40 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹48 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹20 to make and Meera sells it for ₹24. What is the markup in percent?
  14. 14.One clay diya costs ₹50 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One handmade card costs ₹60 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One friendship band costs ₹52 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One fruit cup costs ₹16 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹28 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  20. 20.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  21. 21.One cup of lemonade costs ₹15 to make and Dev sells it for ₹30. What is the markup in percent?
  22. 22.One cup of lemonade costs ₹32 to make and Vihaan sells it for ₹40. What is the markup in percent?
  23. 23.One paper bookmark costs ₹14 to make and Aarav sells it for ₹28. What is the markup in percent?
  24. 24.One fruit cup costs ₹18 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹50 to make and Aarav sells it for ₹60. What is the markup in percent?
  26. 26.One paper bookmark costs ₹18 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹40 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One bag of popcorn costs ₹55 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  29. 29.One paper bookmark costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One cupcake costs ₹40 to make and Zoya sells it for ₹44. What is the markup in percent?
  31. 31.One fruit cup costs ₹35 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹52 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One potted plant costs ₹39 to make and Ishaan sells it for ₹78. What is the markup in percent?
  34. 34.One cup of lemonade costs ₹20 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) your favourite number (d) nothing else
  36. 36.One friendship band costs ₹16 to make and Zoya sells it for ₹24. What is the markup in percent?
  37. 37.One paper bookmark costs ₹43 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹20 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹45 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One paper bookmark costs ₹38 to make and Rohan sells it for ₹57. What is the markup in percent?

Answer key

  1. 9
  2. 10
  3. cost + a markup
  4. 7
  5. 1
  6. 72
  7. 66
  8. 35
  9. 108
  10. 35
  11. 48
  12. 60
  13. 20
  14. 25
  15. 75
  16. 2
  17. 13
  18. 20
  19. 35
  20. a loss
  21. 100
  22. 25
  23. 100
  24. 36
  25. 20
  26. 27
  27. 44
  28. 11
  29. 1
  30. 10
  31. 42
  32. 65
  33. 100
  34. 4
  35. what buyers will pay
  36. 50
  37. 86
  38. 30
  39. 54
  40. 50

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