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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 924 · 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 painted pebble costs ₹28 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹45 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One fruit cup costs ₹20 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One fruit cup costs ₹10 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  6. 6.One cupcake costs ₹50 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One cup of lemonade costs ₹50 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One clay diya costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  11. 11.One clay diya costs ₹28 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One friendship band costs ₹10 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One bag of popcorn costs ₹15 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  15. 15.One cup of lemonade costs ₹38 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One friendship band costs ₹60 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One handmade card costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹44 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One potted plant costs ₹32 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹50 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One clay diya costs ₹10 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹27 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One glass of chai costs ₹30 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One jute bag costs ₹36 to make and Rohan sells it for ₹45. What is the markup in percent?
  25. 25.One clay diya costs ₹15 to make and Zoya sells it for ₹18. What is the markup in percent?
  26. 26.One cup of lemonade costs ₹40 to make and Kavya sells it for ₹44. What is the markup in percent?
  27. 27.One cup of lemonade costs ₹40 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹24 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One handmade card costs ₹34 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One clay diya costs ₹36 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One painted pebble costs ₹34 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹30 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One cupcake costs ₹35 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹15 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹56 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹50 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One handmade card costs ₹40 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One glass of chai costs ₹40 to make and Gurpreet sells it for ₹44. What is the markup in percent?
  40. 40.One glass of chai costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 56
  2. 54
  3. 22
  4. 12
  5. what buyers will pay
  6. 55
  7. 5
  8. 11
  9. a loss
  10. 10 rupees
  11. 35
  12. 12
  13. 18
  14. 10
  15. 19
  16. 6
  17. 10
  18. 55
  19. 8
  20. 10
  21. 12
  22. 27
  23. 36
  24. 25
  25. 20
  26. 10
  27. 60
  28. 12
  29. 3
  30. 34
  31. 9
  32. 51
  33. 36
  34. 42
  35. 3
  36. 70
  37. 5
  38. 4
  39. 10
  40. 22

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