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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 844 · 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 ₹52 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One potted plant costs ₹16 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One handmade card costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹32 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  6. 6.One cup of lemonade costs ₹30 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One potted plant costs ₹35 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One jute bag costs ₹16 to make and Aarav sells it for ₹20. What is the markup in percent?
  9. 9.One potted plant costs ₹12 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One bag of popcorn costs ₹53 to make and Saanvi sells it for ₹106. What is the markup in percent?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 20 rupees (d) 5 rupees
  12. 12.One cupcake costs ₹50 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One cupcake costs ₹20 to make and Kavya sells it for ₹24. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹30 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One bag of popcorn costs ₹40 to make and Zoya sells it for ₹48. What is the markup in percent?
  17. 17.One paper bookmark costs ₹34 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹10 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹40 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹45 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One fruit cup costs ₹48 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One friendship band costs ₹42 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One bag of popcorn costs ₹54 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  25. 25.📉 A price below the cost leads to… (a) free stock (b) a profit (c) a loss (d) break-even
  26. 26.One handmade card costs ₹16 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  28. 28.One fruit cup costs ₹26 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹20 to make and Zoya sells it for ₹24. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹20 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹60 to make and Joseph sells it for ₹66. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹56 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹35 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One fruit cup costs ₹12 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹25 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One painted pebble costs ₹40 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One paper bookmark costs ₹56 to make and Diya sells it for ₹112. What is the markup in percent?
  38. 38.One glass of chai costs ₹20 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  40. 40.One friendship band costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 65
  2. 20
  3. 44
  4. 8
  5. what buyers will pay
  6. 15
  7. 42
  8. 25
  9. 6
  10. 100
  11. 10 rupees
  12. 60
  13. 20
  14. 11
  15. 6
  16. 20
  17. 34
  18. 5
  19. 48
  20. 54
  21. 1
  22. 60
  23. 63
  24. 108
  25. a loss
  26. 20
  27. 10
  28. 39
  29. 20
  30. 24
  31. 10
  32. 14
  33. 7
  34. 18
  35. 30
  36. 48
  37. 100
  38. 22
  39. 10
  40. 11

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