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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 834 · 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 clay diya costs ₹60 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  3. 3.One handmade card costs ₹58 to make and Diya sells it for ₹87. What is the markup in percent?
  4. 4.One handmade card costs ₹45 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One bag of popcorn costs ₹60 to make and Riya sells it for ₹72. What is the markup in percent?
  6. 6.One paper bookmark costs ₹26 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One cupcake costs ₹48 to make and Lakshmi sells it for ₹60. What is the markup in percent?
  8. 8.One jute bag costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One bag of popcorn costs ₹40 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One potted plant costs ₹18 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One fruit cup costs ₹40 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹50 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹55 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  15. 15.One jute bag costs ₹60 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One clay diya costs ₹46 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One clay diya costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  18. 18.One friendship band costs ₹52 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  19. 19.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  20. 20.One bag of popcorn costs ₹54 to make and Kabir sells it for ₹81. What is the markup in percent?
  21. 21.One glass of chai costs ₹30 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹46 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹38 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  25. 25.One cupcake costs ₹50 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹24 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹46 to make and Ishaan sells it for ₹69. What is the markup in percent?
  28. 28.One handmade card costs ₹10 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One friendship band costs ₹15 to make and Nisha sells it for ₹30. What is the markup in percent?
  30. 30.One fruit cup costs ₹38 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹25 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹39 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One jute bag costs ₹28 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One clay diya costs ₹40 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹32 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One bag of popcorn costs ₹60 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹24 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One paper bookmark costs ₹17 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One cupcake costs ₹40 to make and Joseph sells it for ₹44. What is the markup in percent?

Answer key

  1. 6
  2. 10 rupees
  3. 50
  4. 54
  5. 20
  6. 39
  7. 25
  8. 6
  9. 4
  10. 27
  11. 50
  12. 55
  13. 11
  14. cost + a markup
  15. 72
  16. 46
  17. 10
  18. 104
  19. what buyers will pay
  20. 50
  21. 30
  22. 92
  23. 19
  24. a loss
  25. 60
  26. 30
  27. 50
  28. 15
  29. 100
  30. 76
  31. 30
  32. 39
  33. 42
  34. 4
  35. 32
  36. 6
  37. 66
  38. 24
  39. 17
  40. 10

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