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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 992 · 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.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  2. 2.One painted pebble costs ₹22 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One potted plant costs ₹60 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One handmade card costs ₹20 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹15 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One fruit cup costs ₹48 to make and Zoya sells it for ₹60. What is the markup in percent?
  7. 7.One cupcake costs ₹20 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One jute bag costs ₹25 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One clay diya costs ₹19 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One potted plant costs ₹40 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  12. 12.One jute bag costs ₹40 to make and Joseph sells it for ₹50. What is the markup in percent?
  13. 13.One fruit cup costs ₹40 to make and Riya sells it for ₹50. What is the markup in percent?
  14. 14.One painted pebble costs ₹56 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One friendship band costs ₹24 to make and Meera sells it for ₹48. What is the markup in percent?
  16. 16.One friendship band costs ₹30 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹40 to make and Lakshmi sells it for ₹48. What is the markup in percent?
  18. 18.One clay diya costs ₹22 to make and Meera sells it for ₹33. What is the markup in percent?
  19. 19.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  20. 20.One glass of chai costs ₹47 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One fruit cup costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹15 to make and Saanvi sells it for ₹18. What is the markup in percent?
  23. 23.One potted plant costs ₹40 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One friendship band costs ₹30 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One jute bag costs ₹50 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One painted pebble costs ₹35 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹33 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One potted plant costs ₹45 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹25 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One potted plant costs ₹16 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One friendship band costs ₹37 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹45 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹40 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One potted plant costs ₹25 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One painted pebble costs ₹46 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹22 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One jute bag costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  38. 38.One cupcake costs ₹30 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹12 to make and Tara sells it for ₹18. What is the markup in percent?
  40. 40.One potted plant costs ₹38 to make and Kabir sells it for ₹57. What is the markup in percent?

Answer key

  1. a loss
  2. 11
  3. 12
  4. 22
  5. 3
  6. 25
  7. 2
  8. 5
  9. 38
  10. 50
  11. 10 rupees
  12. 25
  13. 25
  14. 14
  15. 100
  16. 36
  17. 20
  18. 50
  19. cost + a markup
  20. 94
  21. 6
  22. 20
  23. 10
  24. 33
  25. 5
  26. 42
  27. 33
  28. 54
  29. 50
  30. 4
  31. 74
  32. 54
  33. 8
  34. 30
  35. 92
  36. 33
  37. 10
  38. 6
  39. 50
  40. 50

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