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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 82 · 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 potted plant costs ₹12 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹50 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  4. 4.One bag of popcorn costs ₹20 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹30 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One cup of lemonade costs ₹20 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  8. 8.One paper bookmark costs ₹14 to make and Gurpreet sells it for ₹21. What is the markup in percent?
  9. 9.One friendship band costs ₹10 to make and Diya sells it for ₹12. What is the markup in percent?
  10. 10.One jute bag costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One painted pebble costs ₹36 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One clay diya costs ₹16 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One jute bag costs ₹40 to make and Kabir sells it for ₹48. What is the markup in percent?
  14. 14.One potted plant costs ₹20 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One friendship band costs ₹50 to make and Saanvi sells it for ₹60. What is the markup in percent?
  16. 16.One fruit cup costs ₹60 to make and Vihaan sells it for ₹75. What is the markup in percent?
  17. 17.One handmade card costs ₹30 to make and Diya sells it for ₹36. What is the markup in percent?
  18. 18.One cupcake costs ₹20 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹26 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹52 to make and Ishaan sells it for ₹78. What is the markup in percent?
  21. 21.One friendship band costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹28 to make and Farhan sells it for ₹42. What is the markup in percent?
  23. 23.One potted plant costs ₹30 to make and Ishaan sells it for ₹36. What is the markup in percent?
  24. 24.One clay diya costs ₹14 to make and Lakshmi sells it for ₹21. What is the markup in percent?
  25. 25.One cupcake costs ₹32 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹28 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  27. 27.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  28. 28.One cupcake costs ₹10 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹45 to make and Aarav sells it for ₹90. What is the markup in percent?
  30. 30.One friendship band costs ₹42 to make and Nisha sells it for ₹84. What is the markup in percent?
  31. 31.One potted plant costs ₹15 to make and Arjun sells it for ₹30. What is the markup in percent?
  32. 32.One jute bag costs ₹44 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One clay diya costs ₹16 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹43 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One cupcake costs ₹30 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹40 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One cup of lemonade costs ₹20 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹20 to make and Saanvi sells it for ₹25. What is the markup in percent?
  39. 39.One painted pebble costs ₹60 to make and Kavya sells it for ₹72. What is the markup in percent?
  40. 40.One jute bag costs ₹28 to make. Riya adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 15
  2. 5
  3. what buyers will pay
  4. 24
  5. 3
  6. 24
  7. 10 rupees
  8. 50
  9. 20
  10. 44
  11. 72
  12. 16
  13. 20
  14. 30
  15. 20
  16. 25
  17. 20
  18. 4
  19. 13
  20. 50
  21. 10
  22. 50
  23. 20
  24. 50
  25. 48
  26. 56
  27. cost + a markup
  28. 15
  29. 100
  30. 100
  31. 100
  32. 11
  33. 20
  34. 43
  35. 6
  36. 44
  37. 24
  38. 25
  39. 20
  40. 35

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