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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 865 · 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 ₹10 to make and Zoya sells it for ₹15. What is the markup in percent?
  2. 2.One paper bookmark costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One bag of popcorn costs ₹50 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One painted pebble costs ₹39 to make and Ananya sells it for ₹78. What is the markup in percent?
  5. 5.One handmade card costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One paper bookmark costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  8. 8.One handmade card costs ₹60 to make and Meera sells it for ₹66. What is the markup in percent?
  9. 9.One painted pebble costs ₹26 to make and Kabir sells it for ₹52. What is the markup in percent?
  10. 10.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
  11. 11.One paper bookmark costs ₹50 to make and Aarav sells it for ₹60. What is the markup in percent?
  12. 12.One jute bag costs ₹40 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One potted plant costs ₹40 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  15. 15.One handmade card costs ₹36 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹24 to make and Lakshmi sells it for ₹30. What is the markup in percent?
  17. 17.One cupcake costs ₹60 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹25 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹30 to make and Meera sells it for ₹33. What is the markup in percent?
  20. 20.One friendship band costs ₹46 to make and Farhan sells it for ₹92. What is the markup in percent?
  21. 21.One cupcake costs ₹60 to make and Vihaan sells it for ₹66. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹48 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  23. 23.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  24. 24.One cupcake costs ₹16 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹60 to make and Farhan sells it for ₹72. What is the markup in percent?
  26. 26.One painted pebble costs ₹24 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹60 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One friendship band costs ₹24 to make and Diya sells it for ₹30. What is the markup in percent?
  29. 29.One glass of chai costs ₹38 to make and Riya sells it for ₹57. What is the markup in percent?
  30. 30.One clay diya costs ₹32 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One friendship band costs ₹50 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  33. 33.One painted pebble costs ₹21 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹40 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹44 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One cup of lemonade costs ₹52 to make and Saanvi sells it for ₹78. What is the markup in percent?
  37. 37.One jute bag costs ₹22 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One cupcake costs ₹15 to make and Rohan sells it for ₹18. What is the markup in percent?
  39. 39.One handmade card costs ₹54 to make and Zoya sells it for ₹81. What is the markup in percent?
  40. 40.One potted plant costs ₹10 to make. Riya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 9
  3. 5
  4. 100
  5. 33
  6. 44
  7. cost + a markup
  8. 10
  9. 100
  10. a loss
  11. 20
  12. 60
  13. 44
  14. 10 rupees
  15. 18
  16. 25
  17. 72
  18. 30
  19. 10
  20. 100
  21. 10
  22. 60
  23. what buyers will pay
  24. 4
  25. 20
  26. 6
  27. 6
  28. 25
  29. 50
  30. 40
  31. 55
  32. 10
  33. 42
  34. 80
  35. 22
  36. 50
  37. 22
  38. 20
  39. 50
  40. 11

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