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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 867 · 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 ₹50 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One cupcake costs ₹14 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.One clay diya costs ₹36 to make and Saanvi sells it for ₹54. What is the markup in percent?
  4. 4.One clay diya costs ₹37 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  5. 5.One cupcake costs ₹20 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One bag of popcorn costs ₹26 to make and Kabir sells it for ₹39. What is the markup in percent?
  7. 7.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  8. 8.One fruit cup costs ₹52 to make and Diya sells it for ₹104. What is the markup in percent?
  9. 9.One fruit cup costs ₹40 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  10. 10.One friendship band costs ₹44 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹14 to make and Saanvi sells it for ₹21. What is the markup in percent?
  12. 12.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  13. 13.One jute bag costs ₹35 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One fruit cup costs ₹16 to make and Joseph sells it for ₹20. What is the markup in percent?
  15. 15.One paper bookmark costs ₹50 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One friendship band costs ₹28 to make and Farhan sells it for ₹56. What is the markup in percent?
  17. 17.One bag of popcorn costs ₹25 to make and Kabir sells it for ₹50. What is the markup in percent?
  18. 18.One glass of chai costs ₹25 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹16 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One paper bookmark costs ₹12 to make and Farhan sells it for ₹15. What is the markup in percent?
  21. 21.One potted plant costs ₹60 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹40 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹45 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One cupcake costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹32 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One clay diya costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One clay diya costs ₹11 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹60 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One fruit cup costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹56 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One potted plant costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One friendship band costs ₹28 to make and Zoya sells it for ₹35. What is the markup in percent?
  33. 33.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  34. 34.One paper bookmark costs ₹40 to make and Kabir sells it for ₹50. What is the markup in percent?
  35. 35.One handmade card costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹56 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One jute bag costs ₹16 to make and Dev sells it for ₹20. What is the markup in percent?
  38. 38.One handmade card costs ₹10 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One potted plant costs ₹38 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One cupcake costs ₹44 to make and Arjun sells it for ₹55. What is the markup in percent?

Answer key

  1. 5
  2. 14
  3. 50
  4. 74
  5. 24
  6. 50
  7. a loss
  8. 100
  9. 40
  10. 55
  11. 50
  12. what buyers will pay
  13. 35
  14. 25
  15. 75
  16. 100
  17. 100
  18. 25
  19. 8
  20. 25
  21. 72
  22. 44
  23. 9
  24. 11
  25. 48
  26. 6
  27. 11
  28. 30
  29. 2
  30. 84
  31. 1
  32. 25
  33. 10 rupees
  34. 25
  35. 3
  36. 28
  37. 25
  38. 15
  39. 19
  40. 25

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