Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 550 · 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 price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
3. 3.One handmade card costs ₹20 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
4. 4.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
5. 5.One fruit cup costs ₹39 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
6. 6.One jute bag costs ₹20 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
7. 7.One handmade card costs ₹30 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
8. 8.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
9. 9.One handmade card costs ₹55 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
10. 10.One friendship band costs ₹20 to make and Meera sells it for ₹30. What is the markup in percent?
11. 11.One fruit cup costs ₹52 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
12. 12.One painted pebble costs ₹30 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
13. 13.One friendship band costs ₹52 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
14. 14.One handmade card costs ₹36 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
15. 15.One paper bookmark costs ₹45 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
16. 16.One paper bookmark costs ₹25 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
17. 17.One potted plant costs ₹50 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
18. 18.One cupcake costs ₹36 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
19. 19.One paper bookmark costs ₹56 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
20. 20.One cup of lemonade costs ₹24 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
21. 21.One handmade card costs ₹19 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
22. 22.One fruit cup costs ₹56 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
23. 23.One painted pebble costs ₹32 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
24. 24.One clay diya costs ₹60 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
25. 25.One jute bag costs ₹26 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
26. 26.One jute bag costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
27. 27.One clay diya costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
28. 28.One cup of lemonade costs ₹58 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
29. 29.One jute bag costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
30. 30.One clay diya costs ₹60 to make and Meera sells it for ₹66. What is the markup in percent?
31. 31.One glass of chai costs ₹33 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
32. 32.One painted pebble costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
33. 33.One paper bookmark costs ₹20 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
34. 34.One bag of popcorn costs ₹14 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
35. 35.One cup of lemonade costs ₹38 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
36. 36.One glass of chai costs ₹22 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
37. 37.One painted pebble costs ₹14 to make and Rohan sells it for ₹28. What is the markup in percent?
38. 38.One paper bookmark costs ₹60 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
39. 39.One glass of chai costs ₹50 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
40. 40.One handmade card costs ₹16 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?

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