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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 952 · 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 paper bookmark costs ₹36 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  3. 3.One bag of popcorn costs ₹50 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One handmade card costs ₹40 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  6. 6.One paper bookmark costs ₹30 to make and Zoya sells it for ₹33. What is the markup in percent?
  7. 7.One handmade card costs ₹16 to make and Arjun sells it for ₹24. What is the markup in percent?
  8. 8.One jute bag costs ₹26 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.One painted pebble costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One glass of chai costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  11. 11.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  12. 12.One glass of chai costs ₹40 to make and Lakshmi sells it for ₹48. What is the markup in percent?
  13. 13.One fruit cup costs ₹30 to make and Gurpreet sells it for ₹33. What is the markup in percent?
  14. 14.One friendship band costs ₹20 to make and Saanvi sells it for ₹22. What is the markup in percent?
  15. 15.One handmade card costs ₹28 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.One jute bag costs ₹52 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One cupcake costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  19. 19.One clay diya costs ₹58 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One cup of lemonade costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  21. 21.One friendship band costs ₹28 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One handmade card costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One cup of lemonade costs ₹17 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹25 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹45 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹28 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  27. 27.One paper bookmark costs ₹10 to make and Saanvi sells it for ₹12. What is the markup in percent?
  28. 28.One painted pebble costs ₹12 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹20 to make and Meera sells it for ₹30. What is the markup in percent?
  30. 30.One paper bookmark costs ₹22 to make and Rohan sells it for ₹33. What is the markup in percent?
  31. 31.One bag of popcorn costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹12 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹45 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹30 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹35 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One bag of popcorn costs ₹17 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹24 to make and Rohan sells it for ₹36. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹44 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹20 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One cupcake costs ₹50 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 45
  2. 10
  3. 25
  4. 80
  5. what buyers will pay
  6. 10
  7. 50
  8. 13
  9. 44
  10. 22
  11. cost + a markup
  12. 20
  13. 10
  14. 10
  15. 14
  16. 65
  17. 1
  18. a loss
  19. 58
  20. 10
  21. 7
  22. 1
  23. 34
  24. 30
  25. 90
  26. 14
  27. 20
  28. 15
  29. 50
  30. 50
  31. 11
  32. 18
  33. 54
  34. 60
  35. 7
  36. 17
  37. 50
  38. 55
  39. 25
  40. 10

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