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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 837 · 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 ₹42 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One friendship band costs ₹40 to make and Lakshmi sells it for ₹48. What is the markup in percent?
  3. 3.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  4. 4.One paper bookmark costs ₹20 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹12 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One bag of popcorn costs ₹44 to make and Zoya sells it for ₹66. What is the markup in percent?
  7. 7.One paper bookmark costs ₹36 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One fruit cup costs ₹30 to make and Kabir sells it for ₹33. What is the markup in percent?
  9. 9.One cup of lemonade costs ₹55 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹15 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
  12. 12.One friendship band costs ₹44 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One friendship band costs ₹50 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One fruit cup costs ₹50 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹17 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  17. 17.One handmade card costs ₹40 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One jute bag costs ₹17 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹35 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One fruit cup costs ₹59 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One jute bag costs ₹12 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One jute bag costs ₹30 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One jute bag costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  24. 24.One cup of lemonade costs ₹20 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹20 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹40 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One cupcake costs ₹40 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One bag of popcorn costs ₹60 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One glass of chai costs ₹40 to make and Riya sells it for ₹48. What is the markup in percent?
  31. 31.One glass of chai costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  32. 32.One glass of chai costs ₹50 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One fruit cup costs ₹12 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹60 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹46 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One cupcake costs ₹40 to make and Meera sells it for ₹44. What is the markup in percent?
  37. 37.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  38. 38.One handmade card costs ₹40 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹28 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One potted plant costs ₹54 to make and Aarav sells it for ₹108. What is the markup in percent?

Answer key

  1. 63
  2. 20
  3. cost + a markup
  4. 2
  5. 18
  6. 50
  7. 18
  8. 10
  9. 66
  10. 3
  11. a loss
  12. 11
  13. 55
  14. 55
  15. 17
  16. 10 rupees
  17. 8
  18. 34
  19. 42
  20. 118
  21. 15
  22. 15
  23. 10
  24. 25
  25. 25
  26. 8
  27. 48
  28. 75
  29. 15
  30. 20
  31. 10
  32. 5
  33. 3
  34. 6
  35. 69
  36. 10
  37. what buyers will pay
  38. 10
  39. 7
  40. 100

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