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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 866 · 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 ₹28 to make and Riya sells it for ₹35. What is the markup in percent?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  3. 3.One bag of popcorn costs ₹58 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One bag of popcorn costs ₹54 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹45 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One potted plant costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One potted plant costs ₹36 to make and Vihaan sells it for ₹72. What is the markup in percent?
  8. 8.One potted plant costs ₹24 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One handmade card costs ₹26 to make and Riya sells it for ₹52. What is the markup in percent?
  10. 10.One friendship band costs ₹60 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One jute bag costs ₹10 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹54 to make and Arjun sells it for ₹81. What is the markup in percent?
  13. 13.One handmade card costs ₹55 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹60 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  15. 15.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  16. 16.One fruit cup costs ₹52 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹10 to make and Riya sells it for ₹11. What is the markup in percent?
  18. 18.One fruit cup costs ₹12 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One cup of lemonade costs ₹35 to make and Kavya sells it for ₹42. What is the markup in percent?
  20. 20.One bag of popcorn costs ₹24 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹52 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One clay diya costs ₹11 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One cupcake costs ₹55 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹20 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One potted plant costs ₹10 to make and Ananya sells it for ₹12. What is the markup in percent?
  26. 26.One glass of chai costs ₹16 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) the weather only (d) your favourite number
  28. 28.One handmade card costs ₹16 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹40 to make and Zoya sells it for ₹50. What is the markup in percent?
  30. 30.One painted pebble costs ₹33 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹21 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One glass of chai costs ₹48 to make and Tara sells it for ₹72. What is the markup in percent?
  33. 33.One glass of chai costs ₹60 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One potted plant costs ₹27 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹20 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One jute bag costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹30 to make and Meera sells it for ₹33. What is the markup in percent?
  39. 39.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  40. 40.One fruit cup costs ₹15 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 25
  2. 10 rupees
  3. 116
  4. 81
  5. 54
  6. 1
  7. 100
  8. 36
  9. 100
  10. 66
  11. 12
  12. 50
  13. 66
  14. 66
  15. a loss
  16. 65
  17. 10
  18. 3
  19. 20
  20. 30
  21. 13
  22. 11
  23. 66
  24. 2
  25. 20
  26. 4
  27. what buyers will pay
  28. 4
  29. 25
  30. 66
  31. 42
  32. 50
  33. 15
  34. 27
  35. 22
  36. 1
  37. 11
  38. 10
  39. cost + a markup
  40. 18

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