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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 938 · 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 ₹44 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹52 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  3. 3.One cup of lemonade costs ₹24 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹60 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One friendship band costs ₹40 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹40 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One paper bookmark costs ₹10 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One handmade card costs ₹20 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One friendship band costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  11. 11.One handmade card costs ₹60 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹40 to make and Rohan sells it for ₹50. What is the markup in percent?
  13. 13.One potted plant costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹25 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹20 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One glass of chai costs ₹20 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  17. 17.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  18. 18.One potted plant costs ₹10 to make and Saanvi sells it for ₹12. What is the markup in percent?
  19. 19.One friendship band costs ₹50 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One paper bookmark costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹40 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹48 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹22 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹36 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One jute bag costs ₹23 to make and Arjun sells it for ₹46. What is the markup in percent?
  26. 26.One friendship band costs ₹40 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹49 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One bag of popcorn costs ₹10 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹30 to make and Rohan sells it for ₹36. What is the markup in percent?
  30. 30.One painted pebble costs ₹60 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One jute bag costs ₹10 to make and Vihaan sells it for ₹12. What is the markup in percent?
  32. 32.One fruit cup costs ₹15 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹30 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  34. 34.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  35. 35.One glass of chai costs ₹15 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One cup of lemonade costs ₹56 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One clay diya costs ₹22 to make and Ananya sells it for ₹44. What is the markup in percent?
  39. 39.One friendship band costs ₹16 to make and Nisha sells it for ₹20. What is the markup in percent?
  40. 40.One painted pebble costs ₹43 to make and Tara sells it for ₹86. What is the markup in percent?

Answer key

  1. 66
  2. 78
  3. 36
  4. 15
  5. 48
  6. 20
  7. 12
  8. 22
  9. 10
  10. 10 rupees
  11. 120
  12. 25
  13. 10
  14. 30
  15. 5
  16. 25
  17. cost + a markup
  18. 20
  19. 10
  20. 22
  21. 50
  22. 12
  23. 11
  24. 54
  25. 100
  26. 50
  27. 49
  28. 15
  29. 20
  30. 72
  31. 20
  32. 18
  33. 60
  34. what buyers will pay
  35. 3
  36. 56
  37. 2
  38. 100
  39. 25
  40. 100

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