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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 953 · 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 handmade card costs ₹40 to make and Dev sells it for ₹48. What is the markup in percent?
  2. 2.One painted pebble costs ₹10 to make and Nisha sells it for ₹12. What is the markup in percent?
  3. 3.One clay diya costs ₹38 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹40 to make and Diya sells it for ₹80. What is the markup in percent?
  5. 5.One cup of lemonade costs ₹16 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  6. 6.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) the weather only (d) nothing else
  7. 7.One cup of lemonade costs ₹22 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One clay diya costs ₹60 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  9. 9.One handmade card costs ₹36 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One cupcake costs ₹24 to make and Kabir sells it for ₹30. What is the markup in percent?
  11. 11.One paper bookmark costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹40 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One potted plant costs ₹20 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One bag of popcorn costs ₹37 to make and Ishaan sells it for ₹74. What is the markup in percent?
  15. 15.One glass of chai costs ₹13 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  16. 16.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  17. 17.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  18. 18.One paper bookmark costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  19. 19.One glass of chai costs ₹12 to make and Farhan sells it for ₹15. What is the markup in percent?
  20. 20.One handmade card costs ₹19 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One painted pebble costs ₹55 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹10 to make and Vihaan sells it for ₹11. What is the markup in percent?
  23. 23.One cupcake costs ₹40 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One clay diya costs ₹28 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹30 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹40 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹32 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  30. 30.One cupcake costs ₹50 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹52 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹36 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One bag of popcorn costs ₹50 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹24 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹54 to make and Tara sells it for ₹81. What is the markup in percent?
  37. 37.One clay diya costs ₹20 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹14 to make and Ishaan sells it for ₹21. What is the markup in percent?
  39. 39.One handmade card costs ₹15 to make and Farhan sells it for ₹18. What is the markup in percent?
  40. 40.One clay diya costs ₹36 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 20
  2. 20
  3. 76
  4. 100
  5. 20
  6. what buyers will pay
  7. 33
  8. 10
  9. 45
  10. 25
  11. 1
  12. 8
  13. 4
  14. 100
  15. 26
  16. cost + a markup
  17. a loss
  18. 20
  19. 25
  20. 38
  21. 11
  22. 10
  23. 8
  24. 35
  25. 33
  26. 12
  27. 44
  28. 8
  29. 10 rupees
  30. 5
  31. 78
  32. 54
  33. 75
  34. 66
  35. 6
  36. 50
  37. 40
  38. 50
  39. 20
  40. 45

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