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.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
- 2.One clay diya costs ₹50 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
- 3.One glass of chai costs ₹15 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
- 4.One clay diya costs ₹53 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
- 5.One friendship band costs ₹10 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
- 6.One cupcake costs ₹14 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
- 7.One handmade card costs ₹12 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
- 8.One paper bookmark costs ₹28 to make and Kabir sells it for ₹56. What is the markup in percent?
- 9.One cupcake costs ₹50 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
- 10.One cup of lemonade costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
- 11.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
- 12.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
- 13.One friendship band costs ₹55 to make and Kavya sells it for ₹66. What is the markup in percent?
- 14.One clay diya costs ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
- 15.One bag of popcorn costs ₹30 to make and Gurpreet sells it for ₹33. What is the markup in percent?
- 16.One glass of chai costs ₹60 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
- 17.One handmade card costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
- 18.One cupcake costs ₹32 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
- 19.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
- 20.One handmade card costs ₹20 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
- 21.One paper bookmark costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
- 22.One cupcake costs ₹50 to make and Lakshmi sells it for ₹75. What is the markup in percent?
- 23.One potted plant costs ₹12 to make and Ishaan sells it for ₹15. What is the markup in percent?
- 24.One clay diya costs ₹45 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
- 25.One cup of lemonade costs ₹38 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
- 26.One fruit cup costs ₹12 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
- 27.One cupcake costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
- 28.One jute bag costs ₹54 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
- 29.One glass of chai costs ₹60 to make and Vihaan sells it for ₹66. What is the markup in percent?
- 30.One glass of chai costs ₹10 to make and Aarav sells it for ₹12. What is the markup in percent?
- 31.One bag of popcorn costs ₹32 to make and Arjun sells it for ₹40. What is the markup in percent?
- 32.One potted plant costs ₹40 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
- 33.One handmade card costs ₹44 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
- 34.One glass of chai costs ₹32 to make and Arjun sells it for ₹40. What is the markup in percent?
- 35.One cupcake costs ₹32 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
- 36.One paper bookmark costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
- 37.One painted pebble costs ₹34 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
- 38.One fruit cup costs ₹32 to make and Kabir sells it for ₹40. What is the markup in percent?
- 39.One handmade card costs ₹44 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
- 40.One clay diya costs ₹40 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
Answer key
- 10 rupees
- 55
- 18
- 106
- 15
- 28
- 15
- 100
- 100
- 22
- cost + a markup
- a loss
- 20
- 60
- 10
- 75
- 48
- 40
- what buyers will pay
- 24
- 10
- 50
- 25
- 54
- 76
- 15
- 11
- 54
- 10
- 20
- 25
- 60
- 66
- 25
- 32
- 33
- 17
- 25
- 11
- 48
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