Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 572 · 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 bag of popcorn costs ₹60 to make and Gurpreet sells it for ₹75. What is the markup in percent?
2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
3. 3.One handmade card costs ₹14 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
4. 4.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) the weather only (d) what buyers will pay
5. 5.One cup of lemonade costs ₹52 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
6. 6.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
7. 7.One jute bag costs ₹55 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
8. 8.One cup of lemonade costs ₹60 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
9. 9.One handmade card costs ₹20 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
10. 10.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
11. 11.One glass of chai costs ₹41 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
12. 12.One cup of lemonade costs ₹22 to make and Arjun sells it for ₹33. What is the markup in percent?
13. 13.One bag of popcorn costs ₹40 to make and Lakshmi sells it for ₹44. What is the markup in percent?
14. 14.One friendship band costs ₹16 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
15. 15.One jute bag costs ₹10 to make and Lakshmi sells it for ₹12. What is the markup in percent?
16. 16.One potted plant costs ₹21 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
17. 17.One friendship band costs ₹24 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
18. 18.One jute bag costs ₹50 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
19. 19.One cup of lemonade costs ₹40 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
20. 20.One friendship band costs ₹48 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
21. 21.One clay diya costs ₹32 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
22. 22.One jute bag costs ₹36 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
23. 23.One jute bag costs ₹23 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
24. 24.One cup of lemonade costs ₹50 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
25. 25.One painted pebble costs ₹26 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
26. 26.One handmade card costs ₹23 to make and Ishaan sells it for ₹46. What is the markup in percent?
27. 27.One potted plant costs ₹50 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
28. 28.One potted plant costs ₹38 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
29. 29.One friendship band costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
30. 30.One jute bag costs ₹30 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
31. 31.One glass of chai costs ₹38 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
32. 32.One glass of chai costs ₹39 to make and Riya sells it for ₹78. What is the markup in percent?
33. 33.One bag of popcorn costs ₹50 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
34. 34.One painted pebble costs ₹17 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
35. 35.One potted plant costs ₹26 to make and Farhan sells it for ₹52. What is the markup in percent?
36. 36.One fruit cup costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
37. 37.One fruit cup costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
38. 38.One potted plant costs ₹12 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
39. 39.One painted pebble costs ₹30 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
40. 40.One clay diya costs ₹18 to make and Zoya sells it for ₹27. What is the markup in percent?

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