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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 993 · 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 paper bookmark costs ₹37 to make and Diya sells it for ₹74. What is the markup in percent?
  2. 2.One clay diya costs ₹24 to make and Diya sells it for ₹30. What is the markup in percent?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  4. 4.One handmade card costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One handmade card costs ₹58 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One friendship band costs ₹36 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One paper bookmark costs ₹48 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹40 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One potted plant costs ₹15 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One clay diya costs ₹20 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.One potted plant costs ₹50 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  12. 12.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  13. 13.One fruit cup costs ₹48 to make and Vihaan sells it for ₹72. What is the markup in percent?
  14. 14.One cupcake costs ₹58 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One cupcake costs ₹60 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One paper bookmark costs ₹32 to make and Kavya sells it for ₹40. What is the markup in percent?
  17. 17.One painted pebble costs ₹36 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One bag of popcorn costs ₹10 to make and Joseph sells it for ₹12. What is the markup in percent?
  19. 19.One cupcake costs ₹30 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One fruit cup costs ₹24 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹25 to make and Ishaan sells it for ₹30. What is the markup in percent?
  22. 22.One potted plant costs ₹38 to make and Nisha sells it for ₹76. What is the markup in percent?
  23. 23.One friendship band costs ₹30 to make and Tara sells it for ₹45. What is the markup in percent?
  24. 24.One jute bag costs ₹60 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One bag of popcorn costs ₹53 to make and Vihaan sells it for ₹106. What is the markup in percent?
  26. 26.One clay diya costs ₹35 to make and Tara sells it for ₹42. What is the markup in percent?
  27. 27.One cup of lemonade costs ₹44 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One cupcake costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
  29. 29.One clay diya costs ₹30 to make and Riya sells it for ₹33. What is the markup in percent?
  30. 30.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  31. 31.One potted plant costs ₹20 to make and Diya sells it for ₹25. What is the markup in percent?
  32. 32.One glass of chai costs ₹28 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹17 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹35 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One cupcake costs ₹60 to make and Ishaan sells it for ₹75. What is the markup in percent?
  37. 37.One jute bag costs ₹44 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One fruit cup costs ₹30 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One handmade card costs ₹48 to make and Kavya sells it for ₹60. What is the markup in percent?
  40. 40.One fruit cup costs ₹18 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 100
  2. 25
  3. 10 rupees
  4. 1
  5. 116
  6. 18
  7. 60
  8. 4
  9. 18
  10. 5
  11. 55
  12. cost + a markup
  13. 50
  14. 29
  15. 75
  16. 25
  17. 54
  18. 20
  19. 36
  20. 48
  21. 20
  22. 100
  23. 50
  24. 60
  25. 100
  26. 20
  27. 66
  28. 10
  29. 10
  30. what buyers will pay
  31. 25
  32. 35
  33. 17
  34. 42
  35. 22
  36. 25
  37. 11
  38. 6
  39. 25
  40. 27

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