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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 98 · 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 ₹32 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One bag of popcorn costs ₹22 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One clay diya costs ₹20 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹60 to make and Ananya sells it for ₹72. What is the markup in percent?
  5. 5.One potted plant costs ₹48 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One friendship band costs ₹44 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹58 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One paper bookmark costs ₹28 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One cup of lemonade costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  10. 10.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  12. 12.One fruit cup costs ₹40 to make and Ananya sells it for ₹48. What is the markup in percent?
  13. 13.One paper bookmark costs ₹30 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One friendship band costs ₹50 to make and Tara sells it for ₹100. What is the markup in percent?
  16. 16.One handmade card costs ₹22 to make and Joseph sells it for ₹33. What is the markup in percent?
  17. 17.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  18. 18.One friendship band costs ₹10 to make and Aarav sells it for ₹15. What is the markup in percent?
  19. 19.One fruit cup costs ₹32 to make and Lakshmi sells it for ₹40. What is the markup in percent?
  20. 20.One jute bag costs ₹38 to make and Vihaan sells it for ₹57. What is the markup in percent?
  21. 21.One paper bookmark costs ₹60 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One cup of lemonade costs ₹56 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One bag of popcorn costs ₹50 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One bag of popcorn costs ₹15 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One paper bookmark costs ₹50 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹30 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One handmade card costs ₹24 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One clay diya costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One cup of lemonade costs ₹55 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One paper bookmark costs ₹20 to make and Vihaan sells it for ₹25. What is the markup in percent?
  31. 31.One handmade card costs ₹60 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹40 to make and Joseph sells it for ₹50. What is the markup in percent?
  33. 33.One fruit cup costs ₹41 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹53 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹58 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹30 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One bag of popcorn costs ₹55 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹29 to make and Ananya sells it for ₹58. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹24 to make and Kabir sells it for ₹30. What is the markup in percent?
  40. 40.One fruit cup costs ₹14 to make and Tara sells it for ₹21. What is the markup in percent?

Answer key

  1. 40
  2. 11
  3. 4
  4. 20
  5. 96
  6. 11
  7. 29
  8. 56
  9. 10
  10. a loss
  11. 10 rupees
  12. 20
  13. 36
  14. 2
  15. 100
  16. 50
  17. cost + a markup
  18. 50
  19. 25
  20. 50
  21. 72
  22. 70
  23. 50
  24. 3
  25. 100
  26. 3
  27. 6
  28. 6
  29. 11
  30. 25
  31. 72
  32. 25
  33. 82
  34. 106
  35. 87
  36. 15
  37. 110
  38. 100
  39. 25
  40. 50

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