← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 102 · 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 paper bookmark costs ₹18 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One clay diya costs ₹40 to make and Kabir sells it for ₹48. What is the markup in percent?
  3. 3.One friendship band costs ₹40 to make and Dev sells it for ₹44. What is the markup in percent?
  4. 4.One potted plant costs ₹25 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  6. 6.One paper bookmark costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  7. 7.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  8. 8.One handmade card costs ₹22 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One friendship band costs ₹34 to make and Diya sells it for ₹51. What is the markup in percent?
  10. 10.One friendship band costs ₹53 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One friendship band costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One cupcake costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹32 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One fruit cup costs ₹32 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One clay diya costs ₹40 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One paper bookmark costs ₹35 to make and Meera sells it for ₹42. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One jute bag costs ₹59 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹23 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One friendship band costs ₹40 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹38 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One cupcake costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹30 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹25 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  25. 25.One glass of chai costs ₹28 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One clay diya costs ₹45 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹30 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One handmade card costs ₹40 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One clay diya costs ₹40 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One friendship band costs ₹24 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹60 to make and Arjun sells it for ₹66. What is the markup in percent?
  32. 32.One painted pebble costs ₹48 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  34. 34.One handmade card costs ₹60 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One friendship band costs ₹60 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One jute bag costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹20 to make and Vihaan sells it for ₹25. What is the markup in percent?
  38. 38.One paper bookmark costs ₹28 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹15 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹56 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 9
  2. 20
  3. 10
  4. 30
  5. cost + a markup
  6. 11
  7. a loss
  8. 44
  9. 50
  10. 106
  11. 33
  12. 3
  13. 32
  14. 40
  15. 48
  16. 20
  17. 11
  18. 118
  19. 23
  20. 50
  21. 76
  22. 11
  23. 60
  24. 5
  25. 42
  26. 54
  27. 3
  28. 10
  29. 4
  30. 30
  31. 10
  32. 48
  33. 10 rupees
  34. 66
  35. 6
  36. 22
  37. 25
  38. 56
  39. 3
  40. 14

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