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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 877 · 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 friendship band costs ₹20 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One jute bag costs ₹54 to make and Saanvi sells it for ₹81. What is the markup in percent?
  3. 3.One paper bookmark costs ₹20 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One jute bag costs ₹40 to make and Diya sells it for ₹44. What is the markup in percent?
  5. 5.One fruit cup costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  6. 6.One clay diya costs ₹56 to make and Diya sells it for ₹70. What is the markup in percent?
  7. 7.One bag of popcorn costs ₹38 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One painted pebble costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One cup of lemonade costs ₹24 to make and Saanvi sells it for ₹48. What is the markup in percent?
  10. 10.One bag of popcorn costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹40 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  12. 12.📉 A price below the cost leads to… (a) a loss (b) free stock (c) a profit (d) break-even
  13. 13.One potted plant costs ₹39 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One cup of lemonade costs ₹32 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One bag of popcorn costs ₹40 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹60 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
  18. 18.One potted plant costs ₹44 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹24 to make and Meera sells it for ₹30. What is the markup in percent?
  20. 20.One cupcake costs ₹32 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One fruit cup costs ₹28 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹20 to make and Zoya sells it for ₹30. What is the markup in percent?
  23. 23.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  24. 24.One potted plant costs ₹40 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹30 to make and Aarav sells it for ₹33. What is the markup in percent?
  28. 28.One bag of popcorn costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹25 to make and Kabir sells it for ₹30. What is the markup in percent?
  30. 30.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  31. 31.One handmade card costs ₹10 to make and Joseph sells it for ₹12. What is the markup in percent?
  32. 32.One bag of popcorn costs ₹20 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹27 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One friendship band costs ₹40 to make and Meera sells it for ₹44. What is the markup in percent?
  35. 35.One jute bag costs ₹12 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹20 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One fruit cup costs ₹32 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One paper bookmark costs ₹12 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One painted pebble costs ₹50 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹30 to make and Diya sells it for ₹36. What is the markup in percent?

Answer key

  1. 24
  2. 50
  3. 25
  4. 10
  5. 20
  6. 25
  7. 76
  8. 11
  9. 100
  10. 11
  11. 48
  12. a loss
  13. 39
  14. 8
  15. 60
  16. 75
  17. 10
  18. 66
  19. 25
  20. 16
  21. 7
  22. 50
  23. 10 rupees
  24. 44
  25. 6
  26. 66
  27. 10
  28. 66
  29. 20
  30. cost + a markup
  31. 20
  32. 24
  33. 54
  34. 10
  35. 24
  36. 4
  37. 16
  38. 15
  39. 10
  40. 20

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