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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 955 · 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 cupcake costs ₹20 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹40 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.One painted pebble costs ₹58 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  4. 4.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) your favourite number (d) nothing else
  5. 5.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost + a markup (d) cost − a markup
  6. 6.One handmade card costs ₹55 to make and Vihaan sells it for ₹110. What is the markup in percent?
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 50 rupees (d) 20 rupees
  8. 8.One handmade card costs ₹18 to make and Kavya sells it for ₹27. What is the markup in percent?
  9. 9.One cupcake costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
  10. 10.One glass of chai costs ₹16 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹55 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One clay diya costs ₹54 to make and Lakshmi sells it for ₹108. What is the markup in percent?
  13. 13.One jute bag costs ₹21 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One glass of chai costs ₹24 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One clay diya costs ₹30 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One bag of popcorn costs ₹42 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  17. 17.One fruit cup costs ₹20 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹55 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One fruit cup costs ₹20 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One glass of chai costs ₹12 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One paper bookmark costs ₹10 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One paper bookmark costs ₹45 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹45 to make and Tara sells it for ₹54. What is the markup in percent?
  24. 24.One potted plant costs ₹26 to make and Gurpreet sells it for ₹39. What is the markup in percent?
  25. 25.One clay diya costs ₹29 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹60 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹16 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One cupcake costs ₹46 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One potted plant costs ₹48 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One jute bag costs ₹15 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹30 to make and Kavya sells it for ₹33. What is the markup in percent?
  32. 32.One friendship band costs ₹14 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One potted plant costs ₹20 to make and Kabir sells it for ₹22. What is the markup in percent?
  34. 34.One handmade card costs ₹18 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One glass of chai costs ₹57 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹52 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One painted pebble costs ₹16 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹60 to make and Gurpreet sells it for ₹72. What is the markup in percent?
  39. 39.One jute bag costs ₹22 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹33 to make and Kabir sells it for ₹66. What is the markup in percent?

Answer key

  1. 25
  2. 4
  3. 87
  4. what buyers will pay
  5. cost + a markup
  6. 100
  7. 10 rupees
  8. 50
  9. 10
  10. 20
  11. 55
  12. 100
  13. 42
  14. 24
  15. 36
  16. 63
  17. 24
  18. 66
  19. 40
  20. 3
  21. 5
  22. 9
  23. 20
  24. 50
  25. 29
  26. 120
  27. 24
  28. 46
  29. 72
  30. 18
  31. 10
  32. 7
  33. 10
  34. 27
  35. 114
  36. 65
  37. 20
  38. 20
  39. 11
  40. 100

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