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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 863 · 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 cupcake costs ₹24 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹25 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  4. 4.One bag of popcorn costs ₹22 to make and Gurpreet sells it for ₹33. What is the markup in percent?
  5. 5.One cupcake costs ₹34 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  7. 7.One jute bag costs ₹60 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One friendship band costs ₹20 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) your favourite number (d) nothing else
  10. 10.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  11. 11.One handmade card costs ₹30 to make and Kabir sells it for ₹36. What is the markup in percent?
  12. 12.One paper bookmark costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹50 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One fruit cup costs ₹10 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One cup of lemonade costs ₹50 to make and Meera sells it for ₹75. What is the markup in percent?
  16. 16.One handmade card costs ₹20 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹30 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹52 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹40 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹20 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹30 to make and Kabir sells it for ₹33. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹10 to make and Gurpreet sells it for ₹11. What is the markup in percent?
  23. 23.One cup of lemonade costs ₹51 to make and Joseph sells it for ₹102. What is the markup in percent?
  24. 24.One cup of lemonade costs ₹14 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹36 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹17 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹20 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹60 to make and Nisha sells it for ₹75. What is the markup in percent?
  29. 29.One fruit cup costs ₹30 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹20 to make and Saanvi sells it for ₹22. What is the markup in percent?
  31. 31.One paper bookmark costs ₹56 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹50 to make and Zoya sells it for ₹55. What is the markup in percent?
  33. 33.One painted pebble costs ₹35 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One painted pebble costs ₹20 to make and Meera sells it for ₹24. What is the markup in percent?
  35. 35.One glass of chai costs ₹30 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One jute bag costs ₹34 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One painted pebble costs ₹56 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One potted plant costs ₹54 to make and Kavya sells it for ₹81. What is the markup in percent?
  39. 39.One painted pebble costs ₹10 to make and Arjun sells it for ₹11. What is the markup in percent?
  40. 40.One paper bookmark costs ₹16 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 30
  2. 50
  3. 10 rupees
  4. 50
  5. 51
  6. cost + a markup
  7. 72
  8. 10
  9. what buyers will pay
  10. a loss
  11. 20
  12. 22
  13. 10
  14. 12
  15. 50
  16. 22
  17. 36
  18. 104
  19. 10
  20. 24
  21. 10
  22. 10
  23. 100
  24. 14
  25. 54
  26. 34
  27. 5
  28. 25
  29. 33
  30. 10
  31. 28
  32. 10
  33. 7
  34. 20
  35. 3
  36. 51
  37. 70
  38. 50
  39. 10
  40. 8

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