Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 80 · 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 paper bookmark costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
2. 2.One glass of chai costs ₹58 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
3. 3.One handmade card costs ₹16 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
5. 5.One potted plant costs ₹32 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
6. 6.One friendship band costs ₹44 to make and Arjun sells it for ₹55. What is the markup in percent?
7. 7.One fruit cup costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
8. 8.One paper bookmark costs ₹32 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
9. 9.One bag of popcorn costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
10. 10.One friendship band costs ₹12 to make and Aarav sells it for ₹15. What is the markup in percent?
11. 11.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
12. 12.One cupcake costs ₹30 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
13. 13.One cupcake costs ₹35 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
14. 14.One paper bookmark costs ₹16 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
15. 15.One glass of chai costs ₹36 to make and Lakshmi sells it for ₹45. What is the markup in percent?
16. 16.One friendship band costs ₹40 to make and Gurpreet sells it for ₹48. What is the markup in percent?
17. 17.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) what buyers will pay (d) nothing else
18. 18.One glass of chai costs ₹16 to make and Farhan sells it for ₹32. What is the markup in percent?
19. 19.One cup of lemonade costs ₹40 to make and Ishaan sells it for ₹44. What is the markup in percent?
20. 20.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
21. 21.One fruit cup costs ₹16 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
22. 22.One friendship band costs ₹50 to make and Kabir sells it for ₹55. What is the markup in percent?
23. 23.One cup of lemonade costs ₹50 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
24. 24.One friendship band costs ₹60 to make and Zoya sells it for ₹66. What is the markup in percent?
25. 25.One jute bag costs ₹20 to make and Ananya sells it for ₹22. What is the markup in percent?
26. 26.One cup of lemonade costs ₹50 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
27. 27.One paper bookmark costs ₹14 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
28. 28.One painted pebble costs ₹28 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
29. 29.One potted plant costs ₹10 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
30. 30.One potted plant costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
31. 31.One clay diya costs ₹20 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
32. 32.One painted pebble costs ₹20 to make and Aarav sells it for ₹25. What is the markup in percent?
33. 33.One paper bookmark costs ₹21 to make and Saanvi sells it for ₹42. What is the markup in percent?
34. 34.One paper bookmark costs ₹58 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
35. 35.One potted plant costs ₹15 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
36. 36.One friendship band costs ₹24 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
37. 37.One cup of lemonade costs ₹60 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
38. 38.One cup of lemonade costs ₹20 to make and Aarav sells it for ₹22. What is the markup in percent?
39. 39.One potted plant costs ₹38 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
40. 40.One cup of lemonade costs ₹40 to make and Arjun sells it for ₹44. What is the markup in percent?

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