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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 848 · 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 ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹10 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) cost − a markup (d) copy a rival
  4. 4.One handmade card costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹15 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One bag of popcorn costs ₹26 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One clay diya costs ₹55 to make and Riya sells it for ₹66. What is the markup in percent?
  8. 8.One glass of chai costs ₹16 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹44 to make and Kabir sells it for ₹66. What is the markup in percent?
  10. 10.One cup of lemonade costs ₹12 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  12. 12.One cup of lemonade costs ₹20 to make and Tara sells it for ₹22. What is the markup in percent?
  13. 13.One potted plant costs ₹20 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One fruit cup costs ₹56 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One clay diya costs ₹58 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹35 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One friendship band costs ₹56 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  19. 19.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  20. 20.One handmade card costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  21. 21.One painted pebble costs ₹25 to make and Ishaan sells it for ₹30. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹44 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One friendship band costs ₹49 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One friendship band costs ₹47 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹20 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One bag of popcorn costs ₹56 to make and Ananya sells it for ₹70. What is the markup in percent?
  27. 27.One paper bookmark costs ₹30 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  29. 29.One handmade card costs ₹30 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹15 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹36 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹54 to make and Dev sells it for ₹81. What is the markup in percent?
  33. 33.One friendship band costs ₹40 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  35. 35.One cupcake costs ₹40 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One potted plant costs ₹24 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹60 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One painted pebble costs ₹48 to make and Arjun sells it for ₹60. What is the markup in percent?
  39. 39.One paper bookmark costs ₹20 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One fruit cup costs ₹12 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 22
  2. 1
  3. cost + a markup
  4. 3
  5. 18
  6. 39
  7. 20
  8. 20
  9. 50
  10. 3
  11. a loss
  12. 10
  13. 24
  14. 84
  15. 87
  16. 70
  17. 70
  18. 12
  19. what buyers will pay
  20. 10
  21. 20
  22. 55
  23. 49
  24. 94
  25. 4
  26. 25
  27. 6
  28. 10
  29. 33
  30. 3
  31. 72
  32. 50
  33. 8
  34. 10 rupees
  35. 20
  36. 36
  37. 66
  38. 25
  39. 4
  40. 15

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