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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 876 · 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 Riya sells it for ₹25. What is the markup in percent?
  2. 2.One cup of lemonade costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One fruit cup costs ₹30 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  5. 5.One glass of chai costs ₹37 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One friendship band costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One painted pebble costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  8. 8.One cup of lemonade costs ₹15 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One cupcake costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  11. 11.One handmade card costs ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One clay diya costs ₹15 to make and Dev sells it for ₹18. What is the markup in percent?
  13. 13.One painted pebble costs ₹18 to make and Vihaan sells it for ₹27. What is the markup in percent?
  14. 14.One potted plant costs ₹20 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One clay diya costs ₹54 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹60 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹20 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One friendship band costs ₹30 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One bag of popcorn costs ₹36 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹28 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  21. 21.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  22. 22.One bag of popcorn costs ₹42 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One cupcake costs ₹45 to make and Ananya sells it for ₹90. What is the markup in percent?
  24. 24.One glass of chai costs ₹30 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹10 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One potted plant costs ₹31 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One cup of lemonade costs ₹28 to make and Nisha sells it for ₹35. What is the markup in percent?
  28. 28.One painted pebble costs ₹38 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹10 to make and Dev sells it for ₹11. What is the markup in percent?
  30. 30.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  31. 31.One painted pebble costs ₹25 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹43 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One potted plant costs ₹10 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One jute bag costs ₹20 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹48 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹26 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One friendship band costs ₹24 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹36 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹20 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹30 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 25
  2. 11
  3. 45
  4. 10 rupees
  5. 74
  6. 6
  7. 10
  8. 15
  9. 33
  10. cost + a markup
  11. 66
  12. 20
  13. 50
  14. 2
  15. 81
  16. 120
  17. 24
  18. 33
  19. 45
  20. 35
  21. a loss
  22. 84
  23. 100
  24. 36
  25. 11
  26. 31
  27. 25
  28. 57
  29. 10
  30. what buyers will pay
  31. 30
  32. 86
  33. 11
  34. 25
  35. 24
  36. 13
  37. 30
  38. 9
  39. 22
  40. 36

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