Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 421 · 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 jute bag costs ₹35 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
2. 2.One fruit cup costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
3. 3.One bag of popcorn costs ₹15 to make and Lakshmi sells it for ₹18. What is the markup in percent?
4. 4.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
5. 5.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
6. 6.One paper bookmark costs ₹15 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
7. 7.One bag of popcorn costs ₹12 to make and Gurpreet sells it for ₹18. What is the markup in percent?
8. 8.One glass of chai costs ₹10 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
9. 9.One handmade card costs ₹54 to make and Dev sells it for ₹81. What is the markup in percent?
10. 10.One friendship band costs ₹40 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
11. 11.One handmade card costs ₹50 to make and Vihaan sells it for ₹55. What is the markup in percent?
12. 12.One glass of chai costs ₹50 to make and Ananya sells it for ₹55. What is the markup in percent?
13. 13.One cupcake costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
14. 14.One cupcake costs ₹12 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
15. 15.One glass of chai costs ₹25 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
16. 16.One friendship band costs ₹44 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
17. 17.One paper bookmark costs ₹50 to make and Saanvi sells it for ₹60. What is the markup in percent?
18. 18.One glass of chai costs ₹50 to make and Rohan sells it for ₹55. What is the markup in percent?
19. 19.One painted pebble costs ₹25 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
20. 20.One painted pebble costs ₹16 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
21. 21.One clay diya costs ₹30 to make and Zoya sells it for ₹45. What is the markup in percent?
22. 22.One cup of lemonade costs ₹47 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
23. 23.One cupcake costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
24. 24.One clay diya costs ₹39 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
25. 25.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
26. 26.One fruit cup costs ₹40 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
27. 27.One handmade card costs ₹46 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
28. 28.One potted plant costs ₹27 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
29. 29.One clay diya costs ₹12 to make and Ishaan sells it for ₹15. What is the markup in percent?
30. 30.One paper bookmark costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
31. 31.One cup of lemonade costs ₹50 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
32. 32.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
33. 33.One jute bag costs ₹57 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
34. 34.One clay diya costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
35. 35.One jute bag costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
36. 36.One bag of popcorn costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
37. 37.One cup of lemonade costs ₹10 to make and Farhan sells it for ₹11. What is the markup in percent?
38. 38.One glass of chai costs ₹12 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
39. 39.One fruit cup costs ₹14 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
40. 40.One clay diya costs ₹35 to make and Arjun sells it for ₹42. What is the markup in percent?

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