← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 101 · 40 questions
TalentJR

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.

NameDateTime takenScore ___ / 40
  1. 1.One jute bag costs ₹45 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One jute bag costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹44 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One friendship band costs ₹30 to make and Rohan sells it for ₹33. What is the markup in percent?
  5. 5.One fruit cup costs ₹49 to make and Lakshmi sells it for ₹98. What is the markup in percent?
  6. 6.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  7. 7.One glass of chai costs ₹30 to make and Kabir sells it for ₹36. What is the markup in percent?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 50 rupees (d) 20 rupees
  9. 9.One glass of chai costs ₹26 to make and Farhan sells it for ₹52. What is the markup in percent?
  10. 10.One friendship band costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
  11. 11.One glass of chai costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?
  12. 12.One jute bag costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  13. 13.One handmade card costs ₹26 to make and Meera sells it for ₹52. What is the markup in percent?
  14. 14.One jute bag costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One handmade card costs ₹48 to make and Rohan sells it for ₹60. What is the markup in percent?
  16. 16.One paper bookmark costs ₹45 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One cupcake costs ₹10 to make and Ishaan sells it for ₹11. What is the markup in percent?
  18. 18.One painted pebble costs ₹25 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One paper bookmark costs ₹15 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹50 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹60 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One clay diya costs ₹49 to make and Aarav sells it for ₹98. What is the markup in percent?
  23. 23.One handmade card costs ₹60 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One fruit cup costs ₹36 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹50 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One fruit cup costs ₹20 to make and Joseph sells it for ₹22. What is the markup in percent?
  27. 27.One potted plant costs ₹30 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) the weather only (d) what buyers will pay
  29. 29.One friendship band costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One fruit cup costs ₹20 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One fruit cup costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  32. 32.One friendship band costs ₹12 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One handmade card costs ₹30 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One paper bookmark costs ₹20 to make and Diya sells it for ₹25. What is the markup in percent?
  35. 35.One paper bookmark costs ₹59 to make and Farhan sells it for ₹118. What is the markup in percent?
  36. 36.One glass of chai costs ₹20 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹50 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹10 to make and Riya sells it for ₹11. What is the markup in percent?
  39. 39.One handmade card costs ₹50 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One potted plant costs ₹50 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 54
  2. 44
  3. 11
  4. 10
  5. 100
  6. a loss
  7. 20
  8. 10 rupees
  9. 100
  10. 10
  11. 10
  12. 10
  13. 100
  14. 11
  15. 25
  16. 54
  17. 10
  18. 30
  19. 18
  20. 60
  21. 6
  22. 100
  23. 12
  24. 45
  25. 75
  26. 10
  27. 6
  28. what buyers will pay
  29. 9
  30. 30
  31. 10
  32. 6
  33. 33
  34. 25
  35. 100
  36. 22
  37. 60
  38. 10
  39. 5
  40. 60

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids