Entrepreneurship Worksheet: Pricing with a Markup
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.
NameDateTime takenScore ___ / 40
- 1.One bag of popcorn costs ₹20 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
- 2.One bag of popcorn costs ₹18 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
- 3.One potted plant costs ₹40 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
- 4.One fruit cup costs ₹30 to make and Ananya sells it for ₹33. What is the markup in percent?
- 5.One clay diya costs ₹52 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
- 6.One painted pebble costs ₹60 to make and Kabir sells it for ₹90. What is the markup in percent?
- 7.One paper bookmark costs ₹12 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
- 8.One glass of chai costs ₹40 to make and Diya sells it for ₹50. What is the markup in percent?
- 9.One cupcake costs ₹10 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
- 10.One glass of chai costs ₹56 to make and Dev sells it for ₹70. What is the markup in percent?
- 11.One bag of popcorn costs ₹20 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
- 12.One painted pebble costs ₹28 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
- 13.One cup of lemonade costs ₹45 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
- 14.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
- 15.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
- 16.One bag of popcorn costs ₹35 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
- 17.One potted plant costs ₹32 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
- 18.One jute bag costs ₹10 to make and Gurpreet sells it for ₹11. What is the markup in percent?
- 19.One bag of popcorn costs ₹23 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
- 20.One cupcake costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
- 21.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
- 22.One fruit cup costs ₹10 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
- 23.One fruit cup costs ₹45 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
- 24.One cup of lemonade costs ₹15 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
- 25.One cup of lemonade costs ₹28 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
- 26.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
- 27.One fruit cup costs ₹49 to make and Dev sells it for ₹98. What is the markup in percent?
- 28.One cup of lemonade costs ₹12 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
- 29.One bag of popcorn costs ₹12 to make and Joseph sells it for ₹15. What is the markup in percent?
- 30.One clay diya costs ₹50 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
- 31.One cup of lemonade costs ₹15 to make and Zoya sells it for ₹18. What is the markup in percent?
- 32.One clay diya costs ₹30 to make and Arjun sells it for ₹33. What is the markup in percent?
- 33.One friendship band costs ₹17 to make and Vihaan sells it for ₹34. What is the markup in percent?
- 34.One glass of chai costs ₹12 to make and Ananya sells it for ₹15. What is the markup in percent?
- 35.One painted pebble costs ₹20 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
- 36.One friendship band costs ₹24 to make and Ishaan sells it for ₹36. What is the markup in percent?
- 37.One cup of lemonade costs ₹52 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
- 38.One glass of chai costs ₹28 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
- 39.One clay diya costs ₹36 to make and Gurpreet sells it for ₹45. What is the markup in percent?
- 40.One fruit cup costs ₹50 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
Answer key
- 2
- 27
- 48
- 10
- 78
- 50
- 15
- 25
- 15
- 25
- 5
- 14
- 54
- a loss
- 10 rupees
- 42
- 48
- 10
- 46
- 33
- what buyers will pay
- 12
- 54
- 30
- 35
- cost + a markup
- 100
- 6
- 25
- 60
- 20
- 10
- 100
- 25
- 5
- 50
- 52
- 56
- 25
- 55
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