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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 949 · 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 ₹14 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One handmade card costs ₹16 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One cup of lemonade costs ₹24 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹50 to make and Ananya sells it for ₹75. What is the markup in percent?
  5. 5.One paper bookmark costs ₹35 to make and Vihaan sells it for ₹42. What is the markup in percent?
  6. 6.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost + a markup (d) cost − a markup
  7. 7.One potted plant costs ₹40 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  9. 9.One jute bag costs ₹20 to make and Dev sells it for ₹25. What is the markup in percent?
  10. 10.One friendship band costs ₹24 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.One glass of chai costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  12. 12.One potted plant costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One glass of chai costs ₹35 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹50 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One jute bag costs ₹24 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One glass of chai costs ₹60 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹60 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹56 to make and Nisha sells it for ₹70. What is the markup in percent?
  19. 19.One paper bookmark costs ₹20 to make and Tara sells it for ₹24. What is the markup in percent?
  20. 20.One bag of popcorn costs ₹60 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹30 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One clay diya costs ₹42 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹40 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One cup of lemonade costs ₹60 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One paper bookmark costs ₹20 to make and Vihaan sells it for ₹22. What is the markup in percent?
  26. 26.One friendship band costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹22 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹50 to make and Joseph sells it for ₹55. What is the markup in percent?
  29. 29.One handmade card costs ₹20 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One potted plant costs ₹38 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  32. 32.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  33. 33.One friendship band costs ₹30 to make and Arjun sells it for ₹33. What is the markup in percent?
  34. 34.One bag of popcorn costs ₹56 to make and Dev sells it for ₹70. What is the markup in percent?
  35. 35.One clay diya costs ₹18 to make and Kavya sells it for ₹27. What is the markup in percent?
  36. 36.One cup of lemonade costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One painted pebble costs ₹57 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹56 to make and Diya sells it for ₹70. What is the markup in percent?
  39. 39.One handmade card costs ₹40 to make and Arjun sells it for ₹50. What is the markup in percent?
  40. 40.One fruit cup costs ₹39 to make and Aarav sells it for ₹78. What is the markup in percent?

Answer key

  1. 7
  2. 8
  3. 30
  4. 50
  5. 20
  6. cost + a markup
  7. 4
  8. a loss
  9. 25
  10. 6
  11. 10
  12. 55
  13. 42
  14. 10
  15. 6
  16. 75
  17. 60
  18. 25
  19. 20
  20. 72
  21. 6
  22. 21
  23. 4
  24. 75
  25. 10
  26. 55
  27. 44
  28. 10
  29. 20
  30. 38
  31. 55
  32. 10 rupees
  33. 10
  34. 25
  35. 50
  36. 11
  37. 114
  38. 25
  39. 25
  40. 100

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