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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 81 · 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 fruit cup costs ₹48 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One potted plant costs ₹14 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  4. 4.One friendship band costs ₹55 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹45 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One jute bag costs ₹59 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One cupcake costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  9. 9.One jute bag costs ₹56 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  10. 10.One cup of lemonade costs ₹50 to make and Dev sells it for ₹75. What is the markup in percent?
  11. 11.One bag of popcorn costs ₹32 to make and Diya sells it for ₹48. What is the markup in percent?
  12. 12.One handmade card costs ₹20 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One painted pebble costs ₹15 to make and Vihaan sells it for ₹18. What is the markup in percent?
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  15. 15.One bag of popcorn costs ₹58 to make and Riya sells it for ₹87. What is the markup in percent?
  16. 16.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  17. 17.One potted plant costs ₹10 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹48 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One paper bookmark costs ₹50 to make and Ananya sells it for ₹55. What is the markup in percent?
  20. 20.One painted pebble costs ₹26 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹20 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One paper bookmark costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹50 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹10 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One cup of lemonade costs ₹16 to make and Arjun sells it for ₹24. What is the markup in percent?
  27. 27.One cup of lemonade costs ₹12 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹44 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One cup of lemonade costs ₹32 to make and Saanvi sells it for ₹48. What is the markup in percent?
  30. 30.One bag of popcorn costs ₹16 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One friendship band costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  32. 32.One painted pebble costs ₹40 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One paper bookmark costs ₹30 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹12 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹40 to make and Aarav sells it for ₹48. What is the markup in percent?
  36. 36.One clay diya costs ₹34 to make and Gurpreet sells it for ₹68. What is the markup in percent?
  37. 37.One potted plant costs ₹40 to make and Lakshmi sells it for ₹50. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹24 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One fruit cup costs ₹25 to make and Tara sells it for ₹30. What is the markup in percent?
  40. 40.One handmade card costs ₹30 to make and Ananya sells it for ₹33. What is the markup in percent?

Answer key

  1. 12
  2. 21
  3. a loss
  4. 11
  5. 9
  6. 118
  7. 33
  8. what buyers will pay
  9. 56
  10. 50
  11. 50
  12. 2
  13. 20
  14. 10 rupees
  15. 50
  16. cost + a markup
  17. 11
  18. 60
  19. 10
  20. 39
  21. 5
  22. 1
  23. 15
  24. 75
  25. 12
  26. 50
  27. 3
  28. 66
  29. 50
  30. 20
  31. 10
  32. 4
  33. 3
  34. 15
  35. 20
  36. 100
  37. 25
  38. 30
  39. 20
  40. 10

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