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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 92 · 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 ₹60 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹18 to make and Zoya sells it for ₹27. What is the markup in percent?
  3. 3.One fruit cup costs ₹50 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One bag of popcorn costs ₹55 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One paper bookmark costs ₹24 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  7. 7.One handmade card costs ₹30 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One fruit cup costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  10. 10.One clay diya costs ₹16 to make and Ananya sells it for ₹24. What is the markup in percent?
  11. 11.One friendship band costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹22 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One paper bookmark costs ₹48 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One bag of popcorn costs ₹40 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One friendship band costs ₹12 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹20 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  19. 19.One potted plant costs ₹19 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹40 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹60 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One paper bookmark costs ₹26 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹35 to make and Gurpreet sells it for ₹42. What is the markup in percent?
  24. 24.One potted plant costs ₹22 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹15 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹14 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One potted plant costs ₹40 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹28 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹14 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One potted plant costs ₹60 to make and Ishaan sells it for ₹72. What is the markup in percent?
  31. 31.One glass of chai costs ₹50 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹10 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹30 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One cupcake costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One jute bag costs ₹16 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One potted plant costs ₹50 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One friendship band costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One handmade card costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 15
  2. 50
  3. 5
  4. 66
  5. 12
  6. cost + a markup
  7. 30
  8. 44
  9. what buyers will pay
  10. 50
  11. 1
  12. 44
  13. 96
  14. 44
  15. 6
  16. 24
  17. 10
  18. 10 rupees
  19. 19
  20. 10
  21. 15
  22. 52
  23. 20
  24. 33
  25. 3
  26. 21
  27. 48
  28. 35
  29. 7
  30. 20
  31. 55
  32. 12
  33. 3
  34. 3
  35. 4
  36. 33
  37. 44
  38. 10
  39. 66
  40. 44

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