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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 859 · 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 jute bag costs ₹50 to make and Ishaan sells it for ₹75. What is the markup in percent?
  2. 2.One fruit cup costs ₹10 to make and Vihaan sells it for ₹12. What is the markup in percent?
  3. 3.One handmade card costs ₹52 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One paper bookmark costs ₹38 to make and Rohan sells it for ₹76. What is the markup in percent?
  5. 5.One cupcake costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One fruit cup costs ₹12 to make and Arjun sells it for ₹15. What is the markup in percent?
  7. 7.One paper bookmark costs ₹50 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  9. 9.One potted plant costs ₹50 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  10. 10.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  11. 11.One potted plant costs ₹50 to make and Farhan sells it for ₹60. What is the markup in percent?
  12. 12.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  13. 13.One friendship band costs ₹19 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹40 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹12 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One fruit cup costs ₹60 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One friendship band costs ₹10 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹30 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One paper bookmark costs ₹34 to make and Lakshmi sells it for ₹51. What is the markup in percent?
  20. 20.One cupcake costs ₹32 to make and Ananya sells it for ₹40. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹41 to make and Vihaan sells it for ₹82. What is the markup in percent?
  22. 22.One jute bag costs ₹25 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹28 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One cup of lemonade costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹16 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹12 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹25 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One potted plant costs ₹29 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹56 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One cupcake costs ₹50 to make and Joseph sells it for ₹60. What is the markup in percent?
  32. 32.One fruit cup costs ₹54 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹14 to make and Ananya sells it for ₹21. What is the markup in percent?
  34. 34.One potted plant costs ₹45 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹32 to make and Farhan sells it for ₹40. What is the markup in percent?
  36. 36.One glass of chai costs ₹57 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One paper bookmark costs ₹12 to make and Saanvi sells it for ₹18. What is the markup in percent?
  38. 38.One glass of chai costs ₹25 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One painted pebble costs ₹60 to make and Farhan sells it for ₹66. What is the markup in percent?
  40. 40.One clay diya costs ₹60 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 50
  2. 20
  3. 52
  4. 100
  5. 1
  6. 25
  7. 55
  8. 10 rupees
  9. 60
  10. a loss
  11. 20
  12. cost + a markup
  13. 38
  14. 48
  15. 3
  16. 12
  17. 20
  18. 60
  19. 50
  20. 25
  21. 100
  22. 30
  23. 28
  24. 6
  25. 20
  26. 3
  27. 33
  28. 30
  29. 29
  30. 70
  31. 20
  32. 81
  33. 50
  34. 54
  35. 25
  36. 57
  37. 50
  38. 30
  39. 10
  40. 6

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