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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 961 · 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 ₹22 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹52 to make and Riya sells it for ₹65. What is the markup in percent?
  3. 3.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  4. 4.One paper bookmark costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One handmade card costs ₹55 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One bag of popcorn costs ₹55 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One painted pebble costs ₹45 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One jute bag costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One glass of chai costs ₹14 to make and Zoya sells it for ₹21. What is the markup in percent?
  10. 10.One handmade card costs ₹10 to make and Aarav sells it for ₹15. What is the markup in percent?
  11. 11.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  12. 12.One friendship band costs ₹49 to make and Aarav sells it for ₹98. What is the markup in percent?
  13. 13.One bag of popcorn costs ₹15 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One handmade card costs ₹38 to make and Riya sells it for ₹57. What is the markup in percent?
  15. 15.One handmade card costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One bag of popcorn costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹10 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One jute bag costs ₹45 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One fruit cup costs ₹10 to make and Farhan sells it for ₹11. What is the markup in percent?
  20. 20.One jute bag costs ₹45 to make and Ishaan sells it for ₹54. What is the markup in percent?
  21. 21.One paper bookmark costs ₹44 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One clay diya costs ₹12 to make and Rohan sells it for ₹15. What is the markup in percent?
  23. 23.One handmade card costs ₹52 to make and Ishaan sells it for ₹65. What is the markup in percent?
  24. 24.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
  25. 25.One painted pebble costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One bag of popcorn costs ₹51 to make and Kavya sells it for ₹102. What is the markup in percent?
  27. 27.One friendship band costs ₹24 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One cupcake costs ₹51 to make and Aarav sells it for ₹102. What is the markup in percent?
  29. 29.One painted pebble costs ₹60 to make and Kavya sells it for ₹75. What is the markup in percent?
  30. 30.One fruit cup costs ₹58 to make and Rohan sells it for ₹87. What is the markup in percent?
  31. 31.One handmade card costs ₹49 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One potted plant costs ₹45 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹30 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  35. 35.One clay diya costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  37. 37.One glass of chai costs ₹35 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹34 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹32 to make and Joseph sells it for ₹40. What is the markup in percent?
  40. 40.One cupcake costs ₹30 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 44
  2. 25
  3. cost + a markup
  4. 11
  5. 11
  6. 66
  7. 54
  8. 11
  9. 50
  10. 50
  11. what buyers will pay
  12. 100
  13. 18
  14. 50
  15. 2
  16. 22
  17. 15
  18. 54
  19. 10
  20. 20
  21. 55
  22. 25
  23. 25
  24. a loss
  25. 2
  26. 100
  27. 30
  28. 100
  29. 25
  30. 50
  31. 98
  32. 90
  33. 33
  34. 10
  35. 10
  36. 10
  37. 42
  38. 68
  39. 25
  40. 6

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