Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 214 · 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 cup of lemonade costs ₹56 to make and Arjun sells it for ₹112. What is the markup in percent?
2. 2.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
3. 3.One fruit cup costs ₹40 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
4. 4.One jute bag costs ₹37 to make and Tara sells it for ₹74. What is the markup in percent?
5. 5.One painted pebble costs ₹20 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
7. 7.One potted plant costs ₹28 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
8. 8.One friendship band costs ₹60 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
9. 9.One handmade card costs ₹30 to make and Gurpreet sells it for ₹33. What is the markup in percent?
10. 10.One clay diya costs ₹48 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
11. 11.One painted pebble costs ₹18 to make and Ishaan sells it for ₹27. What is the markup in percent?
12. 12.One friendship band costs ₹44 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
13. 13.One potted plant costs ₹56 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
14. 14.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
15. 15.One friendship band costs ₹28 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
16. 16.One cup of lemonade costs ₹16 to make and Diya sells it for ₹24. What is the markup in percent?
17. 17.One glass of chai costs ₹24 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
18. 18.One cup of lemonade costs ₹10 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
19. 19.One handmade card costs ₹50 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
20. 20.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
21. 21.One glass of chai costs ₹46 to make and Vihaan sells it for ₹92. What is the markup in percent?
22. 22.One friendship band costs ₹49 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
23. 23.One painted pebble costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
24. 24.One handmade card costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
25. 25.One glass of chai costs ₹24 to make and Kavya sells it for ₹30. What is the markup in percent?
26. 26.One cup of lemonade costs ₹40 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
27. 27.One jute bag costs ₹25 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
28. 28.One handmade card costs ₹40 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
29. 29.One paper bookmark costs ₹15 to make and Nisha sells it for ₹18. What is the markup in percent?
30. 30.One clay diya costs ₹22 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
31. 31.One friendship band costs ₹54 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
32. 32.One clay diya costs ₹38 to make and Lakshmi sells it for ₹57. What is the markup in percent?
33. 33.One glass of chai costs ₹60 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
34. 34.One friendship band costs ₹58 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
35. 35.One handmade card costs ₹26 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
36. 36.One handmade card costs ₹10 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
37. 37.One cup of lemonade costs ₹53 to make and Joseph sells it for ₹106. What is the markup in percent?
38. 38.One friendship band costs ₹30 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
39. 39.One bag of popcorn costs ₹45 to make and Kabir sells it for ₹54. What is the markup in percent?
40. 40.One handmade card costs ₹36 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?

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