Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 611 · 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 ₹20 to make and Joseph sells it for ₹25. What is the markup in percent?
2. 2.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost − a markup (d) cost + a markup
3. 3.One cupcake costs ₹20 to make and Vihaan sells it for ₹24. What is the markup in percent?
4. 4.One handmade card costs ₹44 to make and Zoya sells it for ₹55. What is the markup in percent?
5. 5.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
6. 6.One bag of popcorn costs ₹44 to make and Riya sells it for ₹55. What is the markup in percent?
7. 7.One bag of popcorn costs ₹20 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
8. 8.One potted plant costs ₹10 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
9. 9.One jute bag costs ₹60 to make and Rohan sells it for ₹72. What is the markup in percent?
10. 10.One paper bookmark costs ₹25 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
11. 11.One friendship band costs ₹40 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
12. 12.One cupcake costs ₹40 to make and Farhan sells it for ₹50. What is the markup in percent?
13. 13.One jute bag costs ₹30 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
15. 15.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) what buyers will pay (d) nothing else
16. 16.One painted pebble costs ₹40 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
17. 17.One friendship band costs ₹44 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
18. 18.One paper bookmark costs ₹12 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
19. 19.One cupcake costs ₹44 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
20. 20.One handmade card costs ₹44 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
21. 21.One glass of chai costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
22. 22.One cupcake costs ₹54 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
23. 23.One handmade card costs ₹54 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
24. 24.One handmade card costs ₹40 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
25. 25.One friendship band costs ₹28 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
26. 26.One cup of lemonade costs ₹46 to make and Kavya sells it for ₹92. What is the markup in percent?
27. 27.One cupcake costs ₹10 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
28. 28.One painted pebble costs ₹45 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
29. 29.One painted pebble costs ₹20 to make and Joseph sells it for ₹22. What is the markup in percent?
30. 30.One bag of popcorn costs ₹40 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
31. 31.One fruit cup costs ₹22 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
32. 32.One friendship band costs ₹10 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
33. 33.One bag of popcorn costs ₹44 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
34. 34.One cup of lemonade costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
35. 35.One glass of chai costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
36. 36.One friendship band costs ₹50 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
37. 37.One bag of popcorn costs ₹24 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
38. 38.One glass of chai costs ₹20 to make and Saanvi sells it for ₹22. What is the markup in percent?
39. 39.One clay diya costs ₹60 to make and Gurpreet sells it for ₹66. What is the markup in percent?
40. 40.One cup of lemonade costs ₹24 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?

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