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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 822 · 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 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  2. 2.One cup of lemonade costs ₹49 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One cup of lemonade costs ₹19 to make and Ishaan sells it for ₹38. What is the markup in percent?
  4. 4.One bag of popcorn costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One potted plant costs ₹15 to make and Meera sells it for ₹18. What is the markup in percent?
  6. 6.One clay diya costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One fruit cup costs ₹45 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  9. 9.One fruit cup costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One paper bookmark costs ₹20 to make and Vihaan sells it for ₹22. What is the markup in percent?
  11. 11.One fruit cup costs ₹20 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  13. 13.One fruit cup costs ₹24 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One jute bag costs ₹50 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One cupcake costs ₹50 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One friendship band costs ₹40 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹44 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹34 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One bag of popcorn costs ₹20 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹36 to make and Dev sells it for ₹54. What is the markup in percent?
  21. 21.One clay diya costs ₹12 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One jute bag costs ₹60 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹16 to make and Gurpreet sells it for ₹20. What is the markup in percent?
  24. 24.One paper bookmark costs ₹60 to make and Kavya sells it for ₹120. What is the markup in percent?
  25. 25.One potted plant costs ₹56 to make and Rohan sells it for ₹112. What is the markup in percent?
  26. 26.One friendship band costs ₹55 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹22 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One bag of popcorn costs ₹56 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹46 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One handmade card costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One paper bookmark costs ₹50 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One fruit cup costs ₹28 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One glass of chai costs ₹50 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One cupcake costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹20 to make and Saanvi sells it for ₹22. What is the markup in percent?
  37. 37.One jute bag costs ₹50 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One paper bookmark costs ₹10 to make and Saanvi sells it for ₹15. What is the markup in percent?
  39. 39.One potted plant costs ₹28 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹56 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 10 rupees
  2. 98
  3. 100
  4. 11
  5. 20
  6. 44
  7. 54
  8. a loss
  9. 11
  10. 10
  11. 2
  12. cost + a markup
  13. 6
  14. 10
  15. 55
  16. 8
  17. 11
  18. 34
  19. 25
  20. 50
  21. 18
  22. 75
  23. 25
  24. 100
  25. 100
  26. 66
  27. 44
  28. 70
  29. 69
  30. 15
  31. 4
  32. 55
  33. 35
  34. 5
  35. 1
  36. 10
  37. 5
  38. 50
  39. 28
  40. 14

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