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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 8 · 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 ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One jute bag costs ₹29 to make and Aarav sells it for ₹58. What is the markup in percent?
  3. 3.One cupcake costs ₹14 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One fruit cup costs ₹56 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹10 to make and Arjun sells it for ₹11. What is the markup in percent?
  6. 6.One glass of chai costs ₹52 to make and Lakshmi sells it for ₹65. What is the markup in percent?
  7. 7.One jute bag costs ₹44 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  9. 9.One jute bag costs ₹40 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One paper bookmark costs ₹52 to make and Dev sells it for ₹65. What is the markup in percent?
  11. 11.One fruit cup costs ₹20 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹18 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One clay diya costs ₹30 to make and Vihaan sells it for ₹33. What is the markup in percent?
  14. 14.One potted plant costs ₹35 to make and Diya sells it for ₹42. What is the markup in percent?
  15. 15.One paper bookmark costs ₹14 to make and Meera sells it for ₹21. What is the markup in percent?
  16. 16.One friendship band costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?
  17. 17.One glass of chai costs ₹36 to make and Aarav sells it for ₹45. What is the markup in percent?
  18. 18.One glass of chai costs ₹32 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One fruit cup costs ₹20 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹25 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One cupcake costs ₹40 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹27 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One cup of lemonade costs ₹48 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹30 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One glass of chai costs ₹60 to make and Saanvi sells it for ₹66. What is the markup in percent?
  26. 26.One cupcake costs ₹35 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹31 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹32 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One clay diya costs ₹32 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹28 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  32. 32.One fruit cup costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  33. 33.One painted pebble costs ₹60 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One cupcake costs ₹14 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One fruit cup costs ₹35 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹60 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One paper bookmark costs ₹50 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One paper bookmark costs ₹12 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹45 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One cupcake costs ₹40 to make and Kabir sells it for ₹44. What is the markup in percent?

Answer key

  1. 6
  2. 100
  3. 14
  4. 70
  5. 10
  6. 25
  7. 22
  8. a loss
  9. 48
  10. 25
  11. 24
  12. 9
  13. 10
  14. 20
  15. 50
  16. 10
  17. 25
  18. 32
  19. 24
  20. 30
  21. 44
  22. 27
  23. 60
  24. 30
  25. 10
  26. 42
  27. 31
  28. 48
  29. 40
  30. 28
  31. cost + a markup
  32. 10
  33. 6
  34. 14
  35. 7
  36. 75
  37. 25
  38. 18
  39. 90
  40. 10

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