Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 210 · 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.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
3. 3.One potted plant costs ₹16 to make and Tara sells it for ₹24. What is the markup in percent?
4. 4.One potted plant costs ₹16 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
5. 5.One cup of lemonade costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
6. 6.One friendship band costs ₹37 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
7. 7.One paper bookmark costs ₹56 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
8. 8.One potted plant costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
9. 9.One handmade card costs ₹50 to make and Kabir sells it for ₹60. What is the markup in percent?
10. 10.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
11. 11.One cupcake costs ₹56 to make and Nisha sells it for ₹70. What is the markup in percent?
12. 12.One paper bookmark costs ₹20 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
13. 13.One potted plant costs ₹36 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
14. 14.One bag of popcorn costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
15. 15.One painted pebble costs ₹10 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
16. 16.One cup of lemonade costs ₹50 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
17. 17.One bag of popcorn costs ₹24 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
18. 18.One painted pebble costs ₹45 to make and Joseph sells it for ₹54. What is the markup in percent?
19. 19.One handmade card costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
20. 20.One glass of chai costs ₹36 to make and Joseph sells it for ₹45. What is the markup in percent?
21. 21.One handmade card costs ₹50 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
22. 22.One paper bookmark costs ₹54 to make and Rohan sells it for ₹81. What is the markup in percent?
23. 23.One glass of chai costs ₹15 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
24. 24.One handmade card costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
25. 25.One clay diya costs ₹14 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
26. 26.One glass of chai costs ₹60 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
27. 27.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) your favourite number (d) nothing else
28. 28.One glass of chai costs ₹60 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
29. 29.One potted plant costs ₹50 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
30. 30.One paper bookmark costs ₹60 to make and Lakshmi sells it for ₹66. What is the markup in percent?
31. 31.One bag of popcorn costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
32. 32.One clay diya costs ₹40 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?
33. 33.One fruit cup costs ₹58 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
34. 34.One cupcake costs ₹52 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
35. 35.One fruit cup costs ₹31 to make and Saanvi sells it for ₹62. What is the markup in percent?
36. 36.One clay diya costs ₹40 to make and Gurpreet sells it for ₹44. What is the markup in percent?
37. 37.One cupcake costs ₹48 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
38. 38.One fruit cup costs ₹44 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
39. 39.One potted plant costs ₹26 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
40. 40.One cupcake costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?

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