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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 964 · 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 clay diya costs ₹25 to make and Arjun sells it for ₹30. What is the markup in percent?
  2. 2.One bag of popcorn costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  3. 3.One paper bookmark costs ₹20 to make and Kavya sells it for ₹22. What is the markup in percent?
  4. 4.One friendship band costs ₹30 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One potted plant costs ₹55 to make and Vihaan sells it for ₹66. What is the markup in percent?
  6. 6.One fruit cup costs ₹40 to make and Saanvi sells it for ₹44. What is the markup in percent?
  7. 7.One cup of lemonade costs ₹12 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹56 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.One fruit cup costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹36 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹58 to make and Aarav sells it for ₹87. What is the markup in percent?
  12. 12.One jute bag costs ₹12 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One cup of lemonade costs ₹19 to make and Zoya sells it for ₹38. What is the markup in percent?
  14. 14.One friendship band costs ₹16 to make and Lakshmi sells it for ₹20. What is the markup in percent?
  15. 15.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  16. 16.One cup of lemonade costs ₹60 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  18. 18.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  19. 19.One painted pebble costs ₹35 to make and Diya sells it for ₹42. What is the markup in percent?
  20. 20.One jute bag costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
  21. 21.One paper bookmark costs ₹17 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One fruit cup costs ₹50 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  24. 24.One fruit cup costs ₹32 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One fruit cup costs ₹45 to make and Ananya sells it for ₹54. What is the markup in percent?
  26. 26.One potted plant costs ₹10 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One glass of chai costs ₹10 to make and Tara sells it for ₹12. What is the markup in percent?
  28. 28.One bag of popcorn costs ₹35 to make and Gurpreet sells it for ₹42. What is the markup in percent?
  29. 29.One potted plant costs ₹16 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One handmade card costs ₹10 to make and Kavya sells it for ₹12. What is the markup in percent?
  31. 31.One cupcake costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹36 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One glass of chai costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  34. 34.One fruit cup costs ₹40 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One jute bag costs ₹60 to make and Saanvi sells it for ₹90. What is the markup in percent?
  36. 36.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  37. 37.One glass of chai costs ₹45 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹42 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One painted pebble costs ₹28 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹28 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 20
  2. 10
  3. 10
  4. 33
  5. 20
  6. 10
  7. 24
  8. 28
  9. 22
  10. 45
  11. 50
  12. 6
  13. 100
  14. 25
  15. what buyers will pay
  16. 15
  17. 66
  18. cost + a markup
  19. 20
  20. 10
  21. 17
  22. 10
  23. a loss
  24. 8
  25. 20
  26. 1
  27. 20
  28. 20
  29. 8
  30. 20
  31. 22
  32. 18
  33. 10
  34. 8
  35. 50
  36. 10 rupees
  37. 45
  38. 63
  39. 35
  40. 28

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