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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 829 · 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. Tara adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One handmade card costs ₹32 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹20 to make and Joseph sells it for ₹40. What is the markup in percent?
  4. 4.One handmade card costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost − a markup (d) cost + a markup
  6. 6.One cup of lemonade costs ₹40 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  8. 8.One bag of popcorn costs ₹44 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One cupcake costs ₹41 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One friendship band costs ₹43 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  12. 12.One jute bag costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One paper bookmark costs ₹12 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One paper bookmark costs ₹15 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  15. 15.One cupcake costs ₹50 to make and Diya sells it for ₹100. What is the markup in percent?
  16. 16.One painted pebble costs ₹50 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One bag of popcorn costs ₹57 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One painted pebble costs ₹60 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  19. 19.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  20. 20.One painted pebble costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One bag of popcorn costs ₹60 to make and Rohan sells it for ₹75. What is the markup in percent?
  22. 22.One clay diya costs ₹30 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹48 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹40 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹34 to make and Riya sells it for ₹51. What is the markup in percent?
  26. 26.One paper bookmark costs ₹40 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹60 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹36 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One glass of chai costs ₹18 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One painted pebble costs ₹10 to make and Farhan sells it for ₹11. What is the markup in percent?
  31. 31.One bag of popcorn costs ₹60 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One handmade card costs ₹40 to make and Meera sells it for ₹48. What is the markup in percent?
  33. 33.One cup of lemonade costs ₹60 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹60 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One glass of chai costs ₹22 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹30 to make and Riya sells it for ₹33. What is the markup in percent?
  37. 37.One cup of lemonade costs ₹50 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹24 to make and Dev sells it for ₹30. What is the markup in percent?
  39. 39.One friendship band costs ₹24 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One glass of chai costs ₹20 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 15
  2. 64
  3. 100
  4. 66
  5. cost + a markup
  6. 4
  7. 10 rupees
  8. 11
  9. 82
  10. 43
  11. a loss
  12. 66
  13. 18
  14. 100
  15. 100
  16. 55
  17. 114
  18. 72
  19. what buyers will pay
  20. 3
  21. 25
  22. 36
  23. 60
  24. 50
  25. 50
  26. 50
  27. 66
  28. 18
  29. 9
  30. 10
  31. 6
  32. 20
  33. 6
  34. 75
  35. 11
  36. 10
  37. 10
  38. 25
  39. 30
  40. 2

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