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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 832 · 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 ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One bag of popcorn costs ₹11 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One handmade card costs ₹20 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One jute bag costs ₹15 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One fruit cup costs ₹28 to make and Tara sells it for ₹35. What is the markup in percent?
  6. 6.One bag of popcorn costs ₹20 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One cupcake costs ₹10 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One cup of lemonade costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  10. 10.One handmade card costs ₹16 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One jute bag costs ₹10 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One paper bookmark costs ₹22 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  15. 15.One cup of lemonade costs ₹40 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One painted pebble costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹40 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One handmade card costs ₹45 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One handmade card costs ₹56 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One bag of popcorn costs ₹40 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One friendship band costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹32 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One friendship band costs ₹30 to make and Aarav sells it for ₹36. What is the markup in percent?
  24. 24.One potted plant costs ₹60 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹20 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹25 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹44 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One potted plant costs ₹15 to make and Aarav sells it for ₹30. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One handmade card costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹10 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One fruit cup costs ₹10 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One clay diya costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹30 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹12 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹20 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  39. 39.One glass of chai costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One cupcake costs ₹28 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 11
  2. 11
  3. 4
  4. 3
  5. 25
  6. 30
  7. 2
  8. 5
  9. a loss
  10. 24
  11. 2
  12. 22
  13. 22
  14. what buyers will pay
  15. 80
  16. 66
  17. 40
  18. 54
  19. 84
  20. 8
  21. 11
  22. 8
  23. 20
  24. 12
  25. 5
  26. 30
  27. 55
  28. 100
  29. 2
  30. 11
  31. 1
  32. 10
  33. 1
  34. 6
  35. 3
  36. 25
  37. 22
  38. cost + a markup
  39. 55
  40. 35

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