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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 871 · 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 glass of chai costs ₹20 to make and Diya sells it for ₹25. What is the markup in percent?
  2. 2.One handmade card costs ₹16 to make and Ishaan sells it for ₹20. What is the markup in percent?
  3. 3.One jute bag costs ₹16 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One potted plant costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One bag of popcorn costs ₹32 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One cup of lemonade costs ₹15 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹15 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One clay diya costs ₹48 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One glass of chai costs ₹30 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹25 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One potted plant costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  12. 12.One cup of lemonade costs ₹46 to make and Riya sells it for ₹92. What is the markup in percent?
  13. 13.One cupcake costs ₹60 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹45 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One cup of lemonade costs ₹10 to make and Vihaan sells it for ₹11. What is the markup in percent?
  16. 16.One friendship band costs ₹12 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹10 to make and Aarav sells it for ₹12. What is the markup in percent?
  19. 19.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  20. 20.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  21. 21.One glass of chai costs ₹48 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹16 to make and Joseph sells it for ₹20. What is the markup in percent?
  23. 23.One glass of chai costs ₹52 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹24 to make and Arjun sells it for ₹30. What is the markup in percent?
  25. 25.One handmade card costs ₹10 to make and Kavya sells it for ₹12. What is the markup in percent?
  26. 26.One fruit cup costs ₹60 to make and Lakshmi sells it for ₹75. What is the markup in percent?
  27. 27.One painted pebble costs ₹15 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One handmade card costs ₹18 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One glass of chai costs ₹18 to make and Ishaan sells it for ₹27. What is the markup in percent?
  30. 30.One fruit cup costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One friendship band costs ₹20 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹36 to make and Diya sells it for ₹54. What is the markup in percent?
  33. 33.One painted pebble costs ₹50 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹49 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹50 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹60 to make and Diya sells it for ₹66. What is the markup in percent?
  37. 37.One friendship band costs ₹28 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹30 to make and Tara sells it for ₹45. What is the markup in percent?
  39. 39.One handmade card costs ₹20 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹18 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 25
  2. 25
  3. 20
  4. 66
  5. 16
  6. 18
  7. 3
  8. 72
  9. 36
  10. 5
  11. 10
  12. 100
  13. 6
  14. 9
  15. 10
  16. 6
  17. 33
  18. 20
  19. cost + a markup
  20. 10 rupees
  21. 48
  22. 25
  23. 78
  24. 25
  25. 20
  26. 25
  27. 15
  28. 36
  29. 50
  30. 11
  31. 2
  32. 50
  33. 55
  34. 49
  35. 5
  36. 10
  37. 42
  38. 50
  39. 22
  40. 27

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