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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 892 · 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 fruit cup costs ₹30 to make and Ananya sells it for ₹33. What is the markup in percent?
  2. 2.One jute bag costs ₹52 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One handmade card costs ₹32 to make and Lakshmi sells it for ₹40. What is the markup in percent?
  4. 4.One paper bookmark costs ₹48 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One potted plant costs ₹20 to make and Arjun sells it for ₹30. What is the markup in percent?
  6. 6.One paper bookmark costs ₹35 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.One bag of popcorn costs ₹43 to make and Nisha sells it for ₹86. What is the markup in percent?
  8. 8.One glass of chai costs ₹52 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One glass of chai costs ₹18 to make and Aarav sells it for ₹27. What is the markup in percent?
  10. 10.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  11. 11.One fruit cup costs ₹22 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  13. 13.One bag of popcorn costs ₹50 to make and Gurpreet sells it for ₹55. What is the markup in percent?
  14. 14.One cup of lemonade costs ₹15 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹20 to make and Joseph sells it for ₹24. What is the markup in percent?
  16. 16.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  17. 17.One bag of popcorn costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  18. 18.One potted plant costs ₹10 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹25 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One clay diya costs ₹50 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹46 to make and Rohan sells it for ₹92. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹16 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One friendship band costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One jute bag costs ₹10 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One glass of chai costs ₹16 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹16 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹60 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One fruit cup costs ₹60 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One cup of lemonade costs ₹31 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One jute bag costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One painted pebble costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  33. 33.One jute bag costs ₹33 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One fruit cup costs ₹26 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹56 to make and Rohan sells it for ₹84. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One paper bookmark costs ₹40 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹10 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹36 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One friendship band costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 104
  3. 25
  4. 60
  5. 50
  6. 7
  7. 100
  8. 65
  9. 50
  10. a loss
  11. 11
  12. 10 rupees
  13. 10
  14. 18
  15. 20
  16. cost + a markup
  17. 10
  18. 2
  19. 5
  20. 55
  21. 100
  22. 20
  23. 1
  24. 1
  25. 24
  26. 3
  27. 32
  28. 6
  29. 15
  30. 62
  31. 2
  32. 10
  33. 66
  34. 52
  35. 50
  36. 11
  37. 8
  38. 15
  39. 45
  40. 22

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