Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 213 · 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 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
2. 2.One clay diya costs ₹40 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
3. 3.One cup of lemonade costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
4. 4.One jute bag costs ₹40 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
5. 5.One bag of popcorn costs ₹36 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
6. 6.One painted pebble costs ₹34 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
7. 7.One handmade card costs ₹12 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
8. 8.One painted pebble costs ₹34 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
9. 9.One fruit cup costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
10. 10.One glass of chai costs ₹22 to make and Kabir sells it for ₹33. What is the markup in percent?
11. 11.One paper bookmark costs ₹48 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
12. 12.One clay diya costs ₹49 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
13. 13.One handmade card costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
14. 14.One paper bookmark costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
15. 15.One friendship band costs ₹20 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
16. 16.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
17. 17.One paper bookmark costs ₹17 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
18. 18.One fruit cup costs ₹35 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
19. 19.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
20. 20.One bag of popcorn costs ₹12 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
21. 21.One handmade card costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
22. 22.One jute bag costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
23. 23.One cup of lemonade costs ₹34 to make and Nisha sells it for ₹51. What is the markup in percent?
24. 24.One jute bag costs ₹50 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
25. 25.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
26. 26.One handmade card costs ₹16 to make and Rohan sells it for ₹20. What is the markup in percent?
27. 27.One friendship band costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
28. 28.One bag of popcorn costs ₹10 to make and Joseph sells it for ₹11. What is the markup in percent?
29. 29.One glass of chai costs ₹42 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
30. 30.One cupcake costs ₹21 to make and Joseph sells it for ₹42. What is the markup in percent?
31. 31.One jute bag costs ₹36 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
32. 32.One bag of popcorn costs ₹20 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
33. 33.One clay diya costs ₹44 to make and Aarav sells it for ₹66. What is the markup in percent?
34. 34.One friendship band costs ₹49 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
35. 35.One painted pebble costs ₹14 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
36. 36.One fruit cup costs ₹57 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
37. 37.One cupcake costs ₹18 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
38. 38.One bag of popcorn costs ₹55 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
39. 39.One glass of chai costs ₹40 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
40. 40.One paper bookmark costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?

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