Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 882 · 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 potted plant costs ₹15 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
2. 2.One bag of popcorn costs ₹50 to make and Diya sells it for ₹100. What is the markup in percent?
3. 3.One handmade card costs ₹10 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
4. 4.One fruit cup costs ₹50 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
5. 5.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) the weather only (d) nothing else
6. 6.One glass of chai costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
7. 7.One friendship band costs ₹54 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
8. 8.One glass of chai costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
9. 9.One friendship band costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
10. 10.One cupcake costs ₹26 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
11. 11.One painted pebble costs ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
12. 12.One potted plant costs ₹40 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
13. 13.One paper bookmark costs ₹40 to make and Arjun sells it for ₹44. What is the markup in percent?
14. 14.One friendship band costs ₹55 to make and Arjun sells it for ₹66. What is the markup in percent?
15. 15.One glass of chai costs ₹16 to make and Kavya sells it for ₹24. What is the markup in percent?
16. 16.One painted pebble costs ₹52 to make and Ishaan sells it for ₹65. What is the markup in percent?
17. 17.One friendship band costs ₹32 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
18. 18.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
19. 19.One jute bag costs ₹32 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
20. 20.One handmade card costs ₹18 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
21. 21.One fruit cup costs ₹50 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
22. 22.One cup of lemonade costs ₹26 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
23. 23.One bag of popcorn costs ₹56 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
24. 24.One potted plant costs ₹33 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
25. 25.One paper bookmark costs ₹30 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
26. 26.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 50 rupees (d) 5 rupees
27. 27.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
28. 28.One clay diya costs ₹52 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
29. 29.One handmade card costs ₹16 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
30. 30.One cup of lemonade costs ₹56 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
31. 31.One handmade card costs ₹20 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
32. 32.One potted plant costs ₹40 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
33. 33.One cup of lemonade costs ₹55 to make and Nisha sells it for ₹66. What is the markup in percent?
34. 34.One potted plant costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
35. 35.One fruit cup costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
36. 36.One friendship band costs ₹40 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
37. 37.One handmade card costs ₹48 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
38. 38.One painted pebble costs ₹57 to make and Gurpreet sells it for ₹114. What is the markup in percent?
39. 39.One handmade card costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
40. 40.One fruit cup costs ₹24 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?

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