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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 860 · 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 bag of popcorn costs ₹30 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  2. 2.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) nothing else (d) your favourite number
  3. 3.One handmade card costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  4. 4.One friendship band costs ₹56 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  6. 6.One cup of lemonade costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹46 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One handmade card costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One cupcake costs ₹60 to make and Saanvi sells it for ₹66. What is the markup in percent?
  10. 10.One cup of lemonade costs ₹47 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One paper bookmark costs ₹54 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.One potted plant costs ₹10 to make and Vihaan sells it for ₹15. What is the markup in percent?
  13. 13.One cup of lemonade costs ₹18 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One paper bookmark costs ₹44 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹60 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One bag of popcorn costs ₹35 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One jute bag costs ₹20 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One clay diya costs ₹28 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹32 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One glass of chai costs ₹52 to make and Gurpreet sells it for ₹78. What is the markup in percent?
  21. 21.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  22. 22.One painted pebble costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One jute bag costs ₹16 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹10 to make and Lakshmi sells it for ₹12. What is the markup in percent?
  26. 26.One paper bookmark costs ₹44 to make and Farhan sells it for ₹55. What is the markup in percent?
  27. 27.One cupcake costs ₹60 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹10 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹59 to make and Meera sells it for ₹118. What is the markup in percent?
  30. 30.One painted pebble costs ₹28 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹40 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One friendship band costs ₹40 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹24 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One potted plant costs ₹45 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One glass of chai costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹60 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One bag of popcorn costs ₹60 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹40 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹50 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One fruit cup costs ₹20 to make and Aarav sells it for ₹25. What is the markup in percent?

Answer key

  1. 45
  2. what buyers will pay
  3. 10
  4. 70
  5. cost + a markup
  6. 1
  7. 69
  8. 11
  9. 10
  10. 47
  11. 27
  12. 50
  13. 27
  14. 66
  15. 30
  16. 7
  17. 5
  18. 42
  19. 8
  20. 50
  21. a loss
  22. 55
  23. 6
  24. 20
  25. 20
  26. 25
  27. 15
  28. 2
  29. 100
  30. 28
  31. 50
  32. 48
  33. 48
  34. 54
  35. 11
  36. 12
  37. 72
  38. 48
  39. 5
  40. 25

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