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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 809 · 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 ₹45 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹40 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One paper bookmark costs ₹52 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One paper bookmark costs ₹32 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  6. 6.One potted plant costs ₹14 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One glass of chai costs ₹36 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹20 to make and Kavya sells it for ₹25. What is the markup in percent?
  9. 9.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) what buyers will pay (d) the weather only
  10. 10.One paper bookmark costs ₹40 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One potted plant costs ₹24 to make and Dev sells it for ₹48. What is the markup in percent?
  12. 12.One fruit cup costs ₹18 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  13. 13.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  14. 14.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
  15. 15.One cup of lemonade costs ₹14 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One cup of lemonade costs ₹50 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One fruit cup costs ₹60 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One cup of lemonade costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One handmade card costs ₹30 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One potted plant costs ₹48 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹12 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One bag of popcorn costs ₹44 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One potted plant costs ₹34 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One cup of lemonade costs ₹36 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One glass of chai costs ₹50 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹28 to make and Meera sells it for ₹35. What is the markup in percent?
  28. 28.One jute bag costs ₹16 to make and Ishaan sells it for ₹24. What is the markup in percent?
  29. 29.One bag of popcorn costs ₹14 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One handmade card costs ₹15 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One cupcake costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One painted pebble costs ₹20 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One friendship band costs ₹20 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹20 to make and Joseph sells it for ₹30. What is the markup in percent?
  35. 35.One fruit cup costs ₹10 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹30 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One paper bookmark costs ₹40 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One potted plant costs ₹20 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹12 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹24 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 54
  2. 44
  3. 104
  4. 8
  5. 10 rupees
  6. 14
  7. 45
  8. 25
  9. what buyers will pay
  10. 48
  11. 100
  12. 27
  13. cost + a markup
  14. a loss
  15. 28
  16. 5
  17. 15
  18. 2
  19. 36
  20. 96
  21. 12
  22. 11
  23. 34
  24. 36
  25. 2
  26. 55
  27. 25
  28. 50
  29. 7
  30. 3
  31. 3
  32. 4
  33. 25
  34. 50
  35. 12
  36. 6
  37. 44
  38. 2
  39. 12
  40. 30

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