Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 312 · 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) 50 rupees (c) 5 rupees (d) 10 rupees
2. 2.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
3. 3.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
4. 4.One fruit cup costs ₹40 to make and Joseph sells it for ₹44. What is the markup in percent?
5. 5.One glass of chai costs ₹16 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
6. 6.One handmade card costs ₹24 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
7. 7.One glass of chai costs ₹44 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
8. 8.One cup of lemonade costs ₹24 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
9. 9.One painted pebble costs ₹12 to make and Dev sells it for ₹15. What is the markup in percent?
10. 10.One friendship band costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
11. 11.One jute bag costs ₹30 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
12. 12.One jute bag costs ₹48 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
13. 13.One friendship band costs ₹40 to make and Saanvi sells it for ₹44. What is the markup in percent?
14. 14.One cup of lemonade costs ₹60 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
15. 15.One jute bag costs ₹52 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
16. 16.One clay diya costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
17. 17.One bag of popcorn costs ₹20 to make and Diya sells it for ₹24. What is the markup in percent?
18. 18.One jute bag costs ₹38 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
19. 19.One handmade card costs ₹58 to make and Ishaan sells it for ₹87. What is the markup in percent?
20. 20.One paper bookmark costs ₹48 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
21. 21.One fruit cup costs ₹20 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
22. 22.One cup of lemonade costs ₹24 to make and Ananya sells it for ₹36. What is the markup in percent?
23. 23.One bag of popcorn costs ₹60 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
24. 24.One glass of chai costs ₹40 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
25. 25.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) what buyers will pay (d) nothing else
26. 26.One painted pebble costs ₹31 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
27. 27.One jute bag costs ₹32 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
28. 28.One clay diya costs ₹45 to make and Ananya sells it for ₹90. What is the markup in percent?
29. 29.One glass of chai costs ₹19 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
30. 30.One jute bag costs ₹52 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
31. 31.One paper bookmark costs ₹30 to make and Diya sells it for ₹33. What is the markup in percent?
32. 32.One friendship band costs ₹15 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
33. 33.One fruit cup costs ₹15 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
34. 34.One bag of popcorn costs ₹30 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
35. 35.One jute bag costs ₹20 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
36. 36.One painted pebble costs ₹36 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
37. 37.One potted plant costs ₹20 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
38. 38.One potted plant costs ₹16 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
39. 39.One potted plant costs ₹56 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
40. 40.One glass of chai costs ₹55 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?

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