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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 977 · 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 glass of chai costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹30 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  3. 3.One potted plant costs ₹15 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One potted plant costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹60 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  7. 7.One friendship band costs ₹56 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  9. 9.One painted pebble costs ₹44 to make and Ishaan sells it for ₹55. What is the markup in percent?
  10. 10.One friendship band costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One clay diya costs ₹52 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One friendship band costs ₹26 to make and Riya sells it for ₹52. What is the markup in percent?
  13. 13.One potted plant costs ₹40 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One cup of lemonade costs ₹20 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One friendship band costs ₹44 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One cupcake costs ₹35 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹10 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹12 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹15 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One paper bookmark costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One potted plant costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹47 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One friendship band costs ₹46 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One potted plant costs ₹30 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One jute bag costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  27. 27.One bag of popcorn costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One fruit cup costs ₹32 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One glass of chai costs ₹40 to make and Nisha sells it for ₹80. What is the markup in percent?
  30. 30.One clay diya costs ₹15 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One cup of lemonade costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  32. 32.One friendship band costs ₹60 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹16 to make and Rohan sells it for ₹20. What is the markup in percent?
  34. 34.One clay diya costs ₹34 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹24 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹51 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹40 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹44 to make and Tara sells it for ₹88. What is the markup in percent?
  39. 39.One paper bookmark costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  40. 40.One cupcake costs ₹14 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 18
  2. 45
  3. 3
  4. 1
  5. 15
  6. 10 rupees
  7. 14
  8. cost + a markup
  9. 25
  10. 1
  11. 65
  12. 100
  13. 10
  14. 30
  15. 55
  16. 70
  17. 20
  18. 3
  19. 3
  20. 66
  21. 44
  22. 94
  23. 23
  24. 36
  25. 1
  26. what buyers will pay
  27. 2
  28. 40
  29. 100
  30. 3
  31. 10
  32. 66
  33. 25
  34. 68
  35. 30
  36. 51
  37. 4
  38. 100
  39. 10
  40. 7

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