Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 19 · 40 questions

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.

1. 1.One friendship band costs ₹18 to make and Dev sells it for ₹27. What is the markup in percent?
2. 2.One fruit cup costs ₹52 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
3. 3.One clay diya costs ₹44 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
4. 4.One painted pebble costs ₹20 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
5. 5.One cup of lemonade costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
6. 6.One friendship band costs ₹50 to make and Arjun sells it for ₹55. What is the markup in percent?
7. 7.One friendship band costs ₹10 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
8. 8.One clay diya costs ₹12 to make and Rohan sells it for ₹24. What is the markup in percent?
9. 9.One glass of chai costs ₹54 to make and Kavya sells it for ₹81. What is the markup in percent?
10. 10.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) what buyers will pay (d) the weather only
11. 11.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
12. 12.One friendship band costs ₹45 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
13. 13.One bag of popcorn costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
14. 14.One handmade card costs ₹25 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
15. 15.One bag of popcorn costs ₹51 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
16. 16.One jute bag costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
17. 17.One glass of chai costs ₹26 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
18. 18.One friendship band costs ₹10 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
19. 19.One clay diya costs ₹30 to make and Zoya sells it for ₹36. What is the markup in percent?
20. 20.One cup of lemonade costs ₹20 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
21. 21.One cup of lemonade costs ₹40 to make and Tara sells it for ₹50. What is the markup in percent?
22. 22.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
23. 23.One potted plant costs ₹60 to make and Arjun sells it for ₹72. What is the markup in percent?
24. 24.One painted pebble costs ₹10 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
25. 25.One friendship band costs ₹56 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
26. 26.One jute bag costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
27. 27.One glass of chai costs ₹45 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
28. 28.One glass of chai costs ₹50 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
29. 29.One potted plant costs ₹30 to make and Ishaan sells it for ₹33. What is the markup in percent?
30. 30.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
31. 31.One clay diya costs ₹20 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
32. 32.One paper bookmark costs ₹39 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
33. 33.One paper bookmark costs ₹40 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
34. 34.One painted pebble costs ₹22 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
35. 35.One cup of lemonade costs ₹20 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
36. 36.One potted plant costs ₹44 to make and Saanvi sells it for ₹88. What is the markup in percent?
37. 37.One fruit cup costs ₹37 to make and Kavya sells it for ₹74. What is the markup in percent?
38. 38.One cup of lemonade costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
39. 39.One painted pebble costs ₹52 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
40. 40.One potted plant costs ₹10 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?

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