Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 760 · 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 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
2. 2.One potted plant costs ₹28 to make and Nisha sells it for ₹35. What is the markup in percent?
3. 3.One cup of lemonade costs ₹30 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
4. 4.One cup of lemonade costs ₹29 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
5. 5.One potted plant costs ₹40 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
6. 6.One friendship band costs ₹40 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
7. 7.One paper bookmark costs ₹54 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
8. 8.One paper bookmark costs ₹56 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
9. 9.One clay diya costs ₹48 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
10. 10.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
11. 11.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
12. 12.One paper bookmark costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
13. 13.One cup of lemonade costs ₹32 to make and Rohan sells it for ₹48. What is the markup in percent?
14. 14.One paper bookmark costs ₹50 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
15. 15.One painted pebble costs ₹10 to make and Diya sells it for ₹20. What is the markup in percent?
16. 16.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
17. 17.One handmade card costs ₹15 to make and Ananya sells it for ₹18. What is the markup in percent?
18. 18.One handmade card costs ₹32 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
19. 19.One paper bookmark costs ₹60 to make and Aarav sells it for ₹75. What is the markup in percent?
20. 20.One friendship band costs ₹20 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
21. 21.One handmade card costs ₹14 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
22. 22.One glass of chai costs ₹48 to make and Ananya sells it for ₹60. What is the markup in percent?
23. 23.One glass of chai costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
24. 24.One painted pebble costs ₹60 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
25. 25.One paper bookmark costs ₹20 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
26. 26.One glass of chai costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
27. 27.One handmade card costs ₹15 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
28. 28.One glass of chai costs ₹18 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
29. 29.One jute bag costs ₹60 to make and Dev sells it for ₹66. What is the markup in percent?
30. 30.One cupcake costs ₹43 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
31. 31.One friendship band costs ₹57 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
32. 32.One cupcake costs ₹58 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
33. 33.One glass of chai costs ₹52 to make and Ananya sells it for ₹104. What is the markup in percent?
34. 34.One fruit cup costs ₹50 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
35. 35.One painted pebble costs ₹20 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
36. 36.One friendship band costs ₹40 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
37. 37.One friendship band costs ₹60 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
38. 38.One fruit cup costs ₹12 to make and Riya sells it for ₹15. What is the markup in percent?
39. 39.One jute bag costs ₹45 to make and Dev sells it for ₹54. What is the markup in percent?
40. 40.One painted pebble costs ₹56 to make. Meera adds a 25% markup. What is the selling price (in ₹)?

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