Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 304 · 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.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
2. 2.One fruit cup costs ₹36 to make and Kabir sells it for ₹45. What is the markup in percent?
3. 3.One cup of lemonade costs ₹50 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
4. 4.One cupcake costs ₹60 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
5. 5.One painted pebble costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
6. 6.One cup of lemonade costs ₹42 to make and Tara sells it for ₹63. What is the markup in percent?
7. 7.One glass of chai costs ₹16 to make and Aarav sells it for ₹20. What is the markup in percent?
8. 8.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
9. 9.One handmade card costs ₹50 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
10. 10.One friendship band costs ₹16 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
11. 11.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
12. 12.One potted plant costs ₹20 to make and Zoya sells it for ₹22. What is the markup in percent?
13. 13.One cup of lemonade costs ₹15 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
14. 14.One cup of lemonade costs ₹24 to make and Vihaan sells it for ₹36. What is the markup in percent?
15. 15.One glass of chai costs ₹15 to make and Arjun sells it for ₹30. What is the markup in percent?
16. 16.One jute bag costs ₹50 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
17. 17.One friendship band costs ₹40 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
18. 18.One handmade card costs ₹52 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
19. 19.One jute bag costs ₹20 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
20. 20.One jute bag costs ₹48 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
21. 21.One glass of chai costs ₹58 to make and Kabir sells it for ₹116. What is the markup in percent?
22. 22.One glass of chai costs ₹40 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
23. 23.One jute bag costs ₹60 to make and Arjun sells it for ₹66. What is the markup in percent?
24. 24.One friendship band costs ₹10 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
25. 25.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
26. 26.One handmade card costs ₹32 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
27. 27.One painted pebble costs ₹36 to make and Lakshmi sells it for ₹45. What is the markup in percent?
28. 28.One jute bag costs ₹59 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
29. 29.One fruit cup costs ₹24 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
30. 30.One painted pebble costs ₹50 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
31. 31.One potted plant costs ₹17 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
32. 32.One cupcake costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
33. 33.One potted plant costs ₹48 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
34. 34.One fruit cup costs ₹38 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
35. 35.One clay diya costs ₹52 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
36. 36.One bag of popcorn costs ₹29 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
37. 37.One cupcake costs ₹24 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
38. 38.One handmade card costs ₹60 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
39. 39.One jute bag costs ₹20 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
40. 40.One cupcake costs ₹56 to make and Zoya sells it for ₹70. What is the markup in percent?

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