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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 989 · 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 jute bag costs ₹60 to make and Kavya sells it for ₹66. What is the markup in percent?
  2. 2.One painted pebble costs ₹20 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One jute bag costs ₹60 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One jute bag costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  5. 5.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  6. 6.One clay diya costs ₹34 to make and Aarav sells it for ₹51. What is the markup in percent?
  7. 7.One handmade card costs ₹20 to make and Saanvi sells it for ₹22. What is the markup in percent?
  8. 8.One clay diya costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One jute bag costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One painted pebble costs ₹40 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹50 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One fruit cup costs ₹44 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One cup of lemonade costs ₹43 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One handmade card costs ₹50 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  15. 15.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  16. 16.One glass of chai costs ₹55 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  17. 17.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  18. 18.One handmade card costs ₹10 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One potted plant costs ₹40 to make and Rohan sells it for ₹48. What is the markup in percent?
  20. 20.One friendship band costs ₹60 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One cupcake costs ₹19 to make and Arjun sells it for ₹38. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹12 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One cup of lemonade costs ₹15 to make and Kabir sells it for ₹30. What is the markup in percent?
  24. 24.One clay diya costs ₹35 to make and Kabir sells it for ₹42. What is the markup in percent?
  25. 25.One paper bookmark costs ₹20 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹40 to make and Kabir sells it for ₹44. What is the markup in percent?
  27. 27.One clay diya costs ₹15 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹44 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One friendship band costs ₹26 to make and Dev sells it for ₹52. What is the markup in percent?
  30. 30.One glass of chai costs ₹25 to make and Aarav sells it for ₹30. What is the markup in percent?
  31. 31.One bag of popcorn costs ₹26 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One clay diya costs ₹32 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One fruit cup costs ₹30 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹40 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹56 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One painted pebble costs ₹52 to make and Riya sells it for ₹65. What is the markup in percent?
  38. 38.One handmade card costs ₹60 to make and Ishaan sells it for ₹72. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹11 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One bag of popcorn costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?

Answer key

  1. 10
  2. 4
  3. 6
  4. 10
  5. a loss
  6. 50
  7. 10
  8. 33
  9. 66
  10. 48
  11. 5
  12. 11
  13. 86
  14. 60
  15. what buyers will pay
  16. 66
  17. 10 rupees
  18. 10
  19. 20
  20. 6
  21. 100
  22. 3
  23. 100
  24. 20
  25. 25
  26. 10
  27. 18
  28. 55
  29. 100
  30. 20
  31. 26
  32. 48
  33. 3
  34. 48
  35. 84
  36. 1
  37. 25
  38. 20
  39. 11
  40. 10

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