Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 543 · 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 cup of lemonade costs ₹32 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
2. 2.One potted plant costs ₹20 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
3. 3.One paper bookmark costs ₹40 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
4. 4.One painted pebble costs ₹56 to make and Ishaan sells it for ₹70. What is the markup in percent?
5. 5.One potted plant costs ₹44 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
6. 6.One cupcake costs ₹30 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
7. 7.One cup of lemonade costs ₹41 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
8. 8.One friendship band costs ₹55 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
9. 9.One glass of chai costs ₹28 to make and Nisha sells it for ₹42. What is the markup in percent?
10. 10.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
11. 11.One cupcake costs ₹32 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
12. 12.One cupcake costs ₹25 to make and Diya sells it for ₹30. What is the markup in percent?
13. 13.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
14. 14.One paper bookmark costs ₹55 to make and Diya sells it for ₹66. What is the markup in percent?
15. 15.One friendship band costs ₹40 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
16. 16.One paper bookmark costs ₹38 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
17. 17.One handmade card costs ₹40 to make and Saanvi sells it for ₹44. What is the markup in percent?
18. 18.One paper bookmark costs ₹30 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
19. 19.One glass of chai costs ₹48 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
20. 20.One potted plant costs ₹60 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
21. 21.One painted pebble costs ₹60 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
22. 22.One cupcake costs ₹55 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
23. 23.One handmade card costs ₹56 to make and Ishaan sells it for ₹84. What is the markup in percent?
24. 24.One painted pebble costs ₹38 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
25. 25.One paper bookmark costs ₹14 to make and Gurpreet sells it for ₹28. What is the markup in percent?
26. 26.One glass of chai costs ₹44 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
27. 27.One potted plant costs ₹50 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
28. 28.One potted plant costs ₹15 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
29. 29.One paper bookmark costs ₹48 to make and Joseph sells it for ₹60. What is the markup in percent?
30. 30.📉 A price below the cost leads to… (a) a loss (b) free stock (c) a profit (d) break-even
31. 31.One cup of lemonade costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
32. 32.One cup of lemonade costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
33. 33.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
34. 34.One friendship band costs ₹45 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
35. 35.One cup of lemonade costs ₹12 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
36. 36.One bag of popcorn costs ₹50 to make and Diya sells it for ₹55. What is the markup in percent?
37. 37.One friendship band costs ₹46 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
38. 38.One bag of popcorn costs ₹24 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
39. 39.One clay diya costs ₹12 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
40. 40.One clay diya costs ₹58 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?

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