Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 810 · 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 price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
3. 3.One fruit cup costs ₹50 to make and Kavya sells it for ₹55. What is the markup in percent?
4. 4.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
5. 5.One fruit cup costs ₹20 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
6. 6.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
7. 7.One clay diya costs ₹20 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
8. 8.One handmade card costs ₹30 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
9. 9.One potted plant costs ₹37 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
10. 10.One glass of chai costs ₹36 to make and Aarav sells it for ₹72. What is the markup in percent?
11. 11.One friendship band costs ₹52 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
12. 12.One handmade card costs ₹46 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
13. 13.One glass of chai costs ₹44 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
14. 14.One glass of chai costs ₹50 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
15. 15.One handmade card costs ₹15 to make and Gurpreet sells it for ₹30. What is the markup in percent?
16. 16.One glass of chai costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
17. 17.One glass of chai costs ₹18 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
18. 18.One painted pebble costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
19. 19.One cupcake costs ₹10 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
20. 20.One paper bookmark costs ₹32 to make and Arjun sells it for ₹40. What is the markup in percent?
21. 21.One handmade card costs ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
22. 22.One cupcake costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
23. 23.One paper bookmark costs ₹48 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
24. 24.One cupcake costs ₹60 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
25. 25.One potted plant costs ₹46 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
26. 26.One paper bookmark costs ₹30 to make and Ishaan sells it for ₹36. What is the markup in percent?
27. 27.One friendship band costs ₹48 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
28. 28.One clay diya costs ₹12 to make and Kavya sells it for ₹15. What is the markup in percent?
29. 29.One clay diya costs ₹22 to make and Ananya sells it for ₹44. What is the markup in percent?
30. 30.One cupcake costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
31. 31.One cupcake costs ₹19 to make and Nisha sells it for ₹38. What is the markup in percent?
32. 32.One fruit cup costs ₹32 to make and Ishaan sells it for ₹40. What is the markup in percent?
33. 33.One friendship band costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
34. 34.One fruit cup costs ₹45 to make and Meera sells it for ₹54. What is the markup in percent?
35. 35.One handmade card costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?
36. 36.One handmade card costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
37. 37.One bag of popcorn costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
38. 38.One glass of chai costs ₹28 to make and Nisha sells it for ₹35. What is the markup in percent?
39. 39.One fruit cup costs ₹60 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
40. 40.One potted plant costs ₹56 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?

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