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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 995 · 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 painted pebble costs ₹18 to make and Farhan sells it for ₹36. What is the markup in percent?
  2. 2.One painted pebble costs ₹46 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  4. 4.One cupcake costs ₹40 to make and Aarav sells it for ₹48. What is the markup in percent?
  5. 5.One potted plant costs ₹10 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One cup of lemonade costs ₹10 to make and Joseph sells it for ₹15. What is the markup in percent?
  7. 7.One paper bookmark costs ₹44 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One clay diya costs ₹56 to make and Meera sells it for ₹70. What is the markup in percent?
  9. 9.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  10. 10.One painted pebble costs ₹10 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹50 to make and Rohan sells it for ₹60. What is the markup in percent?
  13. 13.One glass of chai costs ₹16 to make and Ananya sells it for ₹24. What is the markup in percent?
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  15. 15.One paper bookmark costs ₹24 to make and Meera sells it for ₹36. What is the markup in percent?
  16. 16.One fruit cup costs ₹25 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One clay diya costs ₹18 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One fruit cup costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One cup of lemonade costs ₹60 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One fruit cup costs ₹49 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  21. 21.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  22. 22.One potted plant costs ₹18 to make and Zoya sells it for ₹27. What is the markup in percent?
  23. 23.One potted plant costs ₹14 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One glass of chai costs ₹36 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹36 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹20 to make and Meera sells it for ₹22. What is the markup in percent?
  27. 27.One potted plant costs ₹16 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One fruit cup costs ₹40 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹56 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One friendship band costs ₹48 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹32 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹52 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One painted pebble costs ₹10 to make and Meera sells it for ₹12. What is the markup in percent?
  34. 34.One fruit cup costs ₹32 to make and Meera sells it for ₹40. What is the markup in percent?
  35. 35.One paper bookmark costs ₹56 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹32 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹35 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One painted pebble costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹28 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹52 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 100
  2. 69
  3. a loss
  4. 20
  5. 20
  6. 50
  7. 66
  8. 25
  9. what buyers will pay
  10. 12
  11. 22
  12. 20
  13. 50
  14. 10 rupees
  15. 50
  16. 30
  17. 9
  18. 6
  19. 72
  20. 98
  21. cost + a markup
  22. 50
  23. 7
  24. 54
  25. 45
  26. 10
  27. 8
  28. 44
  29. 84
  30. 60
  31. 40
  32. 78
  33. 20
  34. 25
  35. 84
  36. 40
  37. 42
  38. 55
  39. 7
  40. 26

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