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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 95 · 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 friendship band costs ₹10 to make and Ishaan sells it for ₹20. What is the markup in percent?
  2. 2.One cupcake costs ₹24 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One friendship band costs ₹34 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹36 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One glass of chai costs ₹58 to make and Nisha sells it for ₹87. What is the markup in percent?
  6. 6.One painted pebble costs ₹20 to make and Saanvi sells it for ₹22. What is the markup in percent?
  7. 7.One jute bag costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  8. 8.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  9. 9.One glass of chai costs ₹50 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One clay diya costs ₹20 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  12. 12.One potted plant costs ₹24 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One bag of popcorn costs ₹20 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹30 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One clay diya costs ₹12 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹30 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹26 to make and Vihaan sells it for ₹39. What is the markup in percent?
  18. 18.One painted pebble costs ₹16 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One friendship band costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One clay diya costs ₹15 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹30 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One friendship band costs ₹30 to make and Meera sells it for ₹36. What is the markup in percent?
  23. 23.One bag of popcorn costs ₹15 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One paper bookmark costs ₹35 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  26. 26.One potted plant costs ₹56 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One bag of popcorn costs ₹12 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹60 to make and Joseph sells it for ₹66. What is the markup in percent?
  29. 29.One cupcake costs ₹14 to make and Gurpreet sells it for ₹21. What is the markup in percent?
  30. 30.One paper bookmark costs ₹47 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹52 to make and Kabir sells it for ₹78. What is the markup in percent?
  32. 32.One cup of lemonade costs ₹50 to make and Aarav sells it for ₹60. What is the markup in percent?
  33. 33.One paper bookmark costs ₹43 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One potted plant costs ₹44 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One painted pebble costs ₹22 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹40 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹15 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹40 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹20 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹32 to make and Diya sells it for ₹40. What is the markup in percent?

Answer key

  1. 100
  2. 30
  3. 51
  4. 45
  5. 50
  6. 10
  7. 33
  8. what buyers will pay
  9. 5
  10. 4
  11. 10 rupees
  12. 36
  13. 24
  14. 36
  15. 15
  16. 36
  17. 50
  18. 4
  19. 2
  20. 3
  21. 33
  22. 20
  23. 18
  24. 42
  25. cost + a markup
  26. 70
  27. 18
  28. 10
  29. 50
  30. 47
  31. 50
  32. 20
  33. 43
  34. 88
  35. 44
  36. 48
  37. 18
  38. 50
  39. 30
  40. 25

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