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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 909 · 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 paper bookmark costs ₹60 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One paper bookmark costs ₹29 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  3. 3.One cupcake costs ₹22 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One fruit cup costs ₹28 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  6. 6.One glass of chai costs ₹44 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.📉 A price below the cost leads to… (a) free stock (b) a loss (c) a profit (d) break-even
  8. 8.One painted pebble costs ₹30 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One bag of popcorn costs ₹56 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.One friendship band costs ₹34 to make and Kavya sells it for ₹51. What is the markup in percent?
  11. 11.One painted pebble costs ₹44 to make and Nisha sells it for ₹66. What is the markup in percent?
  12. 12.One paper bookmark costs ₹28 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  14. 14.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  15. 15.One cup of lemonade costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹48 to make and Dev sells it for ₹72. What is the markup in percent?
  17. 17.One paper bookmark costs ₹20 to make and Zoya sells it for ₹22. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹12 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One fruit cup costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One cupcake costs ₹28 to make and Arjun sells it for ₹42. What is the markup in percent?
  21. 21.One clay diya costs ₹36 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One painted pebble costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹50 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One cupcake costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹40 to make and Aarav sells it for ₹80. What is the markup in percent?
  26. 26.One potted plant costs ₹52 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹58 to make and Tara sells it for ₹116. What is the markup in percent?
  28. 28.One glass of chai costs ₹46 to make and Kavya sells it for ₹69. What is the markup in percent?
  29. 29.One glass of chai costs ₹47 to make and Ishaan sells it for ₹94. What is the markup in percent?
  30. 30.One potted plant costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹29 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One potted plant costs ₹28 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹56 to make and Lakshmi sells it for ₹70. What is the markup in percent?
  34. 34.One cupcake costs ₹24 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One fruit cup costs ₹60 to make and Rohan sells it for ₹72. What is the markup in percent?
  36. 36.One potted plant costs ₹25 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One paper bookmark costs ₹15 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One painted pebble costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  39. 39.One glass of chai costs ₹45 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One jute bag costs ₹30 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 15
  2. 58
  3. 33
  4. 56
  5. 10 rupees
  6. 11
  7. a loss
  8. 36
  9. 14
  10. 50
  11. 50
  12. 42
  13. 20
  14. cost + a markup
  15. 66
  16. 50
  17. 10
  18. 12
  19. 42
  20. 50
  21. 45
  22. 3
  23. 60
  24. 22
  25. 100
  26. 65
  27. 100
  28. 50
  29. 100
  30. 2
  31. 58
  32. 42
  33. 25
  34. 24
  35. 20
  36. 5
  37. 30
  38. 10
  39. 9
  40. 36

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