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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 818 · 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 price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  2. 2.One potted plant costs ₹52 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One bag of popcorn costs ₹36 to make and Diya sells it for ₹45. What is the markup in percent?
  4. 4.One paper bookmark costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹25 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  6. 6.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  7. 7.One potted plant costs ₹42 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One jute bag costs ₹40 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 20 rupees (d) 50 rupees
  10. 10.One cupcake costs ₹26 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹25 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One jute bag costs ₹42 to make and Ananya sells it for ₹84. What is the markup in percent?
  13. 13.One clay diya costs ₹60 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  15. 15.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  16. 16.One paper bookmark costs ₹60 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One cupcake costs ₹52 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One bag of popcorn costs ₹58 to make and Farhan sells it for ₹116. What is the markup in percent?
  20. 20.One cupcake costs ₹44 to make and Zoya sells it for ₹66. What is the markup in percent?
  21. 21.One painted pebble costs ₹28 to make and Ananya sells it for ₹35. What is the markup in percent?
  22. 22.One fruit cup costs ₹16 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One clay diya costs ₹60 to make and Nisha sells it for ₹72. What is the markup in percent?
  24. 24.One paper bookmark costs ₹22 to make and Aarav sells it for ₹44. What is the markup in percent?
  25. 25.One handmade card costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  27. 27.One jute bag costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One jute bag costs ₹14 to make and Saanvi sells it for ₹21. What is the markup in percent?
  29. 29.One fruit cup costs ₹60 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One cupcake costs ₹12 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One cupcake costs ₹35 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹24 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One fruit cup costs ₹27 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One clay diya costs ₹20 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹34 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹60 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹23 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One clay diya costs ₹40 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹30 to make and Ishaan sells it for ₹36. What is the markup in percent?
  40. 40.One painted pebble costs ₹55 to make and Riya sells it for ₹110. What is the markup in percent?

Answer key

  1. a loss
  2. 26
  3. 25
  4. 33
  5. 30
  6. what buyers will pay
  7. 21
  8. 8
  9. 10 rupees
  10. 39
  11. 5
  12. 100
  13. 30
  14. 10
  15. cost + a markup
  16. 120
  17. 5
  18. 13
  19. 100
  20. 50
  21. 25
  22. 8
  23. 20
  24. 100
  25. 33
  26. 10
  27. 66
  28. 50
  29. 12
  30. 15
  31. 70
  32. 30
  33. 27
  34. 24
  35. 51
  36. 6
  37. 46
  38. 4
  39. 20
  40. 100

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