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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 862 · 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 painted pebble costs ₹44 to make and Farhan sells it for ₹88. What is the markup in percent?
  2. 2.One potted plant costs ₹44 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  3. 3.One potted plant costs ₹20 to make and Lakshmi sells it for ₹22. What is the markup in percent?
  4. 4.One glass of chai costs ₹12 to make and Rohan sells it for ₹15. What is the markup in percent?
  5. 5.One painted pebble costs ₹10 to make and Arjun sells it for ₹11. What is the markup in percent?
  6. 6.One glass of chai costs ₹10 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One painted pebble costs ₹12 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One bag of popcorn costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One jute bag costs ₹10 to make and Riya sells it for ₹11. What is the markup in percent?
  10. 10.One clay diya costs ₹50 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One handmade card costs ₹10 to make and Dev sells it for ₹11. What is the markup in percent?
  12. 12.One paper bookmark costs ₹44 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹60 to make and Nisha sells it for ₹75. What is the markup in percent?
  14. 14.One friendship band costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹50 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹22 to make and Ishaan sells it for ₹44. What is the markup in percent?
  17. 17.One clay diya costs ₹10 to make and Meera sells it for ₹12. What is the markup in percent?
  18. 18.One jute bag costs ₹60 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One fruit cup costs ₹20 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  20. 20.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  21. 21.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  22. 22.One bag of popcorn costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One painted pebble costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One potted plant costs ₹32 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  25. 25.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) your favourite number (d) the weather only
  26. 26.One glass of chai costs ₹31 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One bag of popcorn costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹32 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹46 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One cupcake costs ₹40 to make and Kavya sells it for ₹50. What is the markup in percent?
  31. 31.One jute bag costs ₹12 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹55 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One potted plant costs ₹35 to make and Lakshmi sells it for ₹42. What is the markup in percent?
  34. 34.One friendship band costs ₹52 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One jute bag costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹32 to make and Kavya sells it for ₹48. What is the markup in percent?
  37. 37.One painted pebble costs ₹40 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One cup of lemonade costs ₹13 to make and Gurpreet sells it for ₹26. What is the markup in percent?
  39. 39.One painted pebble costs ₹17 to make and Meera sells it for ₹34. What is the markup in percent?
  40. 40.One paper bookmark costs ₹34 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 100
  2. 66
  3. 10
  4. 25
  5. 10
  6. 10
  7. 6
  8. 22
  9. 10
  10. 100
  11. 10
  12. 55
  13. 25
  14. 44
  15. 5
  16. 100
  17. 20
  18. 72
  19. 30
  20. cost + a markup
  21. 10 rupees
  22. 66
  23. 2
  24. 40
  25. what buyers will pay
  26. 31
  27. 44
  28. 48
  29. 46
  30. 25
  31. 18
  32. 66
  33. 20
  34. 13
  35. 22
  36. 50
  37. 50
  38. 100
  39. 100
  40. 68

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