Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 281 · 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 ₹44 to make and Kabir sells it for ₹66. What is the markup in percent?
2. 2.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
3. 3.One painted pebble costs ₹36 to make and Ishaan sells it for ₹45. What is the markup in percent?
4. 4.One jute bag costs ₹55 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
5. 5.One clay diya costs ₹55 to make and Kavya sells it for ₹66. What is the markup in percent?
6. 6.One bag of popcorn costs ₹10 to make and Farhan sells it for ₹11. What is the markup in percent?
7. 7.One glass of chai costs ₹39 to make and Tara sells it for ₹78. What is the markup in percent?
8. 8.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
9. 9.One painted pebble costs ₹40 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
10. 10.One painted pebble costs ₹31 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
11. 11.One cupcake costs ₹16 to make and Dev sells it for ₹20. What is the markup in percent?
12. 12.One cupcake costs ₹30 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
13. 13.One painted pebble costs ₹44 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
14. 14.One paper bookmark costs ₹12 to make and Aarav sells it for ₹18. What is the markup in percent?
15. 15.One bag of popcorn costs ₹12 to make and Tara sells it for ₹15. What is the markup in percent?
16. 16.One cup of lemonade costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
17. 17.One jute bag costs ₹40 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
18. 18.One potted plant costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
19. 19.One painted pebble costs ₹28 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
20. 20.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
21. 21.One cup of lemonade costs ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
22. 22.One potted plant costs ₹40 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
23. 23.One handmade card costs ₹52 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
24. 24.One cup of lemonade costs ₹20 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
25. 25.One cup of lemonade costs ₹30 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
26. 26.One glass of chai costs ₹32 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
27. 27.One paper bookmark costs ₹50 to make and Vihaan sells it for ₹55. What is the markup in percent?
28. 28.One jute bag costs ₹35 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
29. 29.One fruit cup costs ₹30 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
30. 30.One paper bookmark costs ₹11 to make and Zoya sells it for ₹22. What is the markup in percent?
31. 31.One glass of chai costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
32. 32.One friendship band costs ₹56 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
33. 33.One glass of chai costs ₹13 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
34. 34.One clay diya costs ₹60 to make and Rohan sells it for ₹90. What is the markup in percent?
35. 35.One paper bookmark costs ₹10 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
36. 36.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
37. 37.One cupcake costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
38. 38.One bag of popcorn costs ₹32 to make and Gurpreet sells it for ₹40. What is the markup in percent?
39. 39.One paper bookmark costs ₹44 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
40. 40.One glass of chai costs ₹42 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?

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