Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 659 · 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.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
2. 2.One fruit cup costs ₹20 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
4. 4.One painted pebble costs ₹60 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
5. 5.One jute bag costs ₹50 to make and Saanvi sells it for ₹55. What is the markup in percent?
6. 6.One friendship band costs ₹24 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
7. 7.One painted pebble costs ₹32 to make and Joseph sells it for ₹40. What is the markup in percent?
8. 8.One handmade card costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
9. 9.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
10. 10.One cup of lemonade costs ₹55 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
11. 11.One handmade card costs ₹40 to make and Meera sells it for ₹44. What is the markup in percent?
12. 12.One potted plant costs ₹30 to make and Lakshmi sells it for ₹36. What is the markup in percent?
13. 13.One cupcake costs ₹10 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
14. 14.One cupcake costs ₹10 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
15. 15.One bag of popcorn costs ₹58 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
16. 16.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
17. 17.One painted pebble costs ₹15 to make and Lakshmi sells it for ₹18. What is the markup in percent?
18. 18.One potted plant costs ₹40 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
19. 19.One potted plant costs ₹60 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
20. 20.One paper bookmark costs ₹40 to make and Kavya sells it for ₹50. What is the markup in percent?
21. 21.One clay diya costs ₹22 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
22. 22.One clay diya costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
23. 23.One handmade card costs ₹24 to make and Rohan sells it for ₹30. What is the markup in percent?
24. 24.One paper bookmark costs ₹60 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
25. 25.One bag of popcorn costs ₹56 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
26. 26.One clay diya costs ₹40 to make and Joseph sells it for ₹44. What is the markup in percent?
27. 27.One bag of popcorn costs ₹20 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
28. 28.One cupcake costs ₹10 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
29. 29.One glass of chai costs ₹36 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
30. 30.One handmade card costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
31. 31.One fruit cup costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
32. 32.One painted pebble costs ₹17 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
33. 33.One jute bag costs ₹25 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
34. 34.One bag of popcorn costs ₹15 to make and Ananya sells it for ₹18. What is the markup in percent?
35. 35.One cup of lemonade costs ₹44 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
36. 36.One paper bookmark costs ₹21 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
37. 37.One bag of popcorn costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
38. 38.One cupcake costs ₹30 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
39. 39.One friendship band costs ₹44 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
40. 40.One friendship band costs ₹36 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?

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