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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 913 · 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 bag of popcorn costs ₹45 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  3. 3.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  4. 4.One friendship band costs ₹40 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One cup of lemonade costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One paper bookmark costs ₹28 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One handmade card costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One paper bookmark costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One handmade card costs ₹46 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  11. 11.One handmade card costs ₹32 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One cupcake costs ₹44 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One handmade card costs ₹42 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹14 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One paper bookmark costs ₹30 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹24 to make and Aarav sells it for ₹30. What is the markup in percent?
  17. 17.One clay diya costs ₹60 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One bag of popcorn costs ₹16 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One jute bag costs ₹50 to make and Arjun sells it for ₹60. What is the markup in percent?
  20. 20.One bag of popcorn costs ₹20 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One fruit cup costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One bag of popcorn costs ₹25 to make and Gurpreet sells it for ₹30. What is the markup in percent?
  23. 23.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  24. 24.One handmade card costs ₹20 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One potted plant costs ₹36 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹32 to make and Riya sells it for ₹40. What is the markup in percent?
  27. 27.One handmade card costs ₹20 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹26 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One potted plant costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One potted plant costs ₹53 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One cupcake costs ₹28 to make and Rohan sells it for ₹42. What is the markup in percent?
  32. 32.One glass of chai costs ₹20 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹28 to make and Ananya sells it for ₹35. What is the markup in percent?
  34. 34.One clay diya costs ₹12 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹52 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹30 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹16 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹10 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹30 to make and Tara sells it for ₹33. What is the markup in percent?

Answer key

  1. 90
  2. 10 rupees
  3. what buyers will pay
  4. 4
  5. 11
  6. 42
  7. 11
  8. 9
  9. 23
  10. cost + a markup
  11. 40
  12. 66
  13. 63
  14. 7
  15. 36
  16. 25
  17. 72
  18. 16
  19. 20
  20. 4
  21. 1
  22. 20
  23. a loss
  24. 2
  25. 9
  26. 25
  27. 5
  28. 26
  29. 11
  30. 53
  31. 50
  32. 25
  33. 25
  34. 12
  35. 26
  36. 15
  37. 33
  38. 20
  39. 12
  40. 10

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