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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 838 · 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 cupcake costs ₹23 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One jute bag costs ₹40 to make and Lakshmi sells it for ₹50. What is the markup in percent?
  3. 3.One handmade card costs ₹30 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One fruit cup costs ₹40 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One potted plant costs ₹30 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  7. 7.One jute bag costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  8. 8.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) nothing else (d) the weather only
  9. 9.One handmade card costs ₹30 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One cupcake costs ₹30 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One clay diya costs ₹24 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One fruit cup costs ₹10 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One painted pebble costs ₹16 to make and Kabir sells it for ₹20. What is the markup in percent?
  14. 14.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  15. 15.One handmade card costs ₹41 to make and Kabir sells it for ₹82. What is the markup in percent?
  16. 16.One paper bookmark costs ₹28 to make and Riya sells it for ₹35. What is the markup in percent?
  17. 17.One fruit cup costs ₹50 to make and Saanvi sells it for ₹55. What is the markup in percent?
  18. 18.One clay diya costs ₹25 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One potted plant costs ₹15 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One handmade card costs ₹24 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹60 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  23. 23.One painted pebble costs ₹53 to make and Gurpreet sells it for ₹106. What is the markup in percent?
  24. 24.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
  25. 25.One clay diya costs ₹46 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  27. 27.One friendship band costs ₹26 to make and Meera sells it for ₹39. What is the markup in percent?
  28. 28.One potted plant costs ₹45 to make and Riya sells it for ₹54. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹44 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One painted pebble costs ₹14 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹50 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One jute bag costs ₹50 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One painted pebble costs ₹30 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹16 to make and Meera sells it for ₹20. What is the markup in percent?
  35. 35.One paper bookmark costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹26 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  38. 38.One jute bag costs ₹60 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One handmade card costs ₹14 to make and Diya sells it for ₹28. What is the markup in percent?
  40. 40.One glass of chai costs ₹48 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 46
  2. 25
  3. 6
  4. 10
  5. 36
  6. cost + a markup
  7. 10
  8. what buyers will pay
  9. 3
  10. 36
  11. 36
  12. 1
  13. 25
  14. a loss
  15. 100
  16. 25
  17. 10
  18. 25
  19. 15
  20. 48
  21. 30
  22. 10
  23. 100
  24. 10 rupees
  25. 92
  26. 10
  27. 50
  28. 20
  29. 11
  30. 21
  31. 10
  32. 10
  33. 36
  34. 25
  35. 11
  36. 39
  37. 10
  38. 15
  39. 100
  40. 72

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